High-end Champagne shortage could ruin your New Year's Eve

Jim A

Senior Insider
https://www.cnn.com/2021/12/30/business/champagne-shortage/index.html

As if this year hasn't been challenging enough, it's leaving us with one more parting shot — a Champagne shortage.
Revelers looking forward to cheering in 2022 with a favorite bubbly should brace for possible disappointment — especially if you want a higher-end variety.
Liquor sellers say brands such as Moet & Chandon and Veuve Clicquot, which can retail for $50 to more than $100 per bottle, are sold out in many markets, forcing shoppers to trade over to a less swanky brand or trade down to other options.

"These factors did put significant pressure on retailers in the US this season," said Michael Osborn, founder and EVP of Wine.com. "Unfortunately, signature brands like Dom Perignon and Veuve Clicquot are sold out in some markets, but not all."



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