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12/24/12

France: Bubbly Sales Tank In 'Gloomy' France

Even the pop of a champagne cork can't pull France out of a national funk.

According to The Financial Times, champagne sales in France were down 5 percent in the first 10 months of the year, and the "gloomy" national mood is to blame.

"There is a moroseness, a sadness among the French population at the moment which has led to our compatriots drinking a little less champagne this year," Paul-Franois Vranken, chairman of champagne house Vranken Pommery Monopole, told The FT's Scheherazade Daneshkhu.  "Champagne consumption follows the mood of the country. Today, there isn't a mood conducive to celebration," he added.

Read more: Champagne Sales Tank In 'Gloomy' France - Business Insider

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