Champagne shortage hits Australia before Christmas with Bollinger, Moët and ... trends now
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Australians looking to pop a bottle of champagne over Christmas and New Year's might find their favourite brands missing from shelves as a shortage hits.
Popular labels like Bollinger, Veuve Clicquot and Moet could be affected as a global surge in demand combines with supply chain issues and a low production year in France to create the perfect shortage storm.
Phillipe Schaus, the chief executive of one of the world's largest producers Moet Hennessey, declared in November that the company could sell out of its entire champagne stock before 2023.
'We are running out of stock on our best champagnes. As people are coming out of Covid there's been pent up demand for enjoyment and travelling,' he explained.
A champagne shortage is hitting Australia with an increase in demand coinciding with a low production year
The boss of Moet Hennessy's parent company LMVH, Jean-Jacques Guiony, said that in contrast to tightening households budgets caused by soaring
