Coronavirus sees Champagne producers suffer more than during Great Depression – ABC News
Producers in France’s eastern Champagne region, headquarters of the global industry, say they have lost an estimated 1.7 billion euros ($2.8 billion) in sales for this year, as turnover fell by a third a hammering unmatched in living memory and worse than the Great Depression.
- Champagne producers say coronavirus presents a greater crisis than the Great Depression
- Pressure on the industry is predicted to last several years as the world waits for a vaccine
- As …