Champagne has long been the drink of life’s biggest milestones, from weddings and graduations to birthdays and anniversaries.

Overall, champagne exports from France amounted to roughly $4.4 billion in 2023, with the U.S. alone importing almost $1 billion worth of bubbly.

The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second consecutive year of declines as inflation-weary consumers cut back and a ...

He added today’s global sour mood is “no time for celebration,” which has even played out in Champagne capital-of-the-world France, where sales have slid 7% to 118 million bottles, and the “domestic ...