A Reason To Toast – France Posts Record Wine Sales in 2015

International News, News

Despite the Paris attacks and ensuing chaos, 2015 ha proved to be a year to remember for French government and wine lovers. Posting record breaking sales, France made an estimated 11 billion Euros in the past year. Boasting a 8.7 percent increase in sales from 2014, French cognac was the main factor as its sales soared by 20 percent. Champagne also showed an uptick of 12 percent. A whooping 23 percent increase in China sales has left everyone surprised.

Representational Photo Courtesy cityam
Representational Photo Courtesy cityam

this feat could also be due to the weakened condition of Euro and France’s decision to target the mass market. Earlier French winemakers mostly concentrated on the true connoisseurs, promising exceptional quality wine. President of the French Federation of Wines and Spirits Exporters,¬†Christophe Navarre, has however warned the industry of the eroding market share thanks to tough competition from Chile, Australia and Spain. He urged winemakers to come up with lower priced beverages to maintain and boost market share worldwide.

Please follow and like us:

You May Also Like

Isohunt Settles Piracy Lawsuit With 50 Million USD Gary Fung, owner of the now deactivated bit-torrent index site "Isohunt", has settled a piracy lawsuit with Music Canada for 55 million CAD or 50 mill...
China Introduces J-20 Stealth Dragon Fighter Jets In Air Force China has now officially made the J-20 Stealth fighter a part of its air force. The fighter is capable of evading high-power radars and a medium and l...
Inaugural Day-Night Test With Pink Ball To Start Tomorrow At Adelaide Oval The first ever international day-night test is going to start in just a few hours. The last test of the three test series between Australia and New Ze...
Soumyajit DasMazumdar on FacebookSoumyajit DasMazumdar on LinkedinSoumyajit DasMazumdar on Twitter
Soumyajit DasMazumdar
Soumyajit is an SAP technical consultant with a flair for writing. An avid blog reader, he started off with a free WordPress blog and slowly moved to his own personal news and blog site. Apart from writing he loves reading books, playing table tennis and long bike trips. He is currently trying to learn playing guitar and failing miserably.

Leave a Reply