NEW ZEALAND: Flat millennium sales drives Champagne under the hammer
A lack of fizz over the Millennium means bargains for Champagne lovers down under as surplus stocks go to auction.Auckland auctioneer Peter Webb will put over 300 cases of Champagne under the hammer on Monday with the catalogue expected to raise about NZ$500,000.Webb says there is a mix of vintage and low price Champagne but the majority will be Heidseck Monopole, Roederer Cristal 1993 and Pol Roger 1990."Wine importers over imported this stuff last year and just didn't sell enough over the Millennium period and during the America's Cup. But this has been a worldwide problem but it gives us here an opportunity to enjoy some fine Champagne. I'm certainly planning to buy a couple of cases."French Champagne producers had their best year ever in 1999 with about 300 million bottles sold. But many wine importers have had to get rid of big surpluses.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Craft spirits shake-out will be just the beginning
- How Treasury is rewriting the rule book - Comment
- The decline of the flagship beer brand - Comment
- Job cuts not the whole story at AB InBev - Comment
- Coca-Cola India suspends bottling operations
- Diageo brands need "fixing and nurturing" - TWE
- Diageo revamps Gordon's gin bottle in UK
- Craft Brew Alliance poised for AB InBev takeover?
- SAB shareholders granted AB InBev vote split
- Pernod deal rescues Corby's FY
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends
- Carlsberg AS (CARL B) - Financial and Strategic SWOT Analysis Review
- Global RTD insights - market forecasts, product innovation and consumer trends
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages