NEW ZEALAND: Flat millennium sales drives Champagne under the hammer
By David Robertson | 21 September 2000
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.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
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.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
