The Wall Street Journal Magazine has a good article about the "changed state of luxury" and how that has impacted Champagne over the last year or so, 'Bubbles Take A Bath'.
Image: Wall Street Journal, Toby Mcfarlan Pond, Styling by Noemi Bonazzi
The recession has affected all types of luxury goods and Champagne has not fared any better than the rest. Just two years ago the problem was lack of supply, now there is a build-up of inventory in the marketplace and prices have come down. This is great news, at least, for those of us who drink Champage all the time.
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