With New Year’s Eve a little over a week away, experts say revelers should brace for higher prices of champagne and difficulty finding the most popular brands amid a global shortage of bubbly. The COVID-19 pandemic has impacted supply chains in various ways, with champagne being the latest casualty. “There actually is a shortage of champagne, it’s kind of crazy,” said Ray Isle, Food & Wine Magazine executive wine editor, in a Dec. 23 interview on CNBC’s “Squawk Box.” Isle said the shortage isn’t so bad that people won’t be able to find sparkling wine, but that the most popular brands of champagne will be hard to source and that, in general, people should expect to pay more. “You may see prices rise for champagne,” he said. “Where you are seeing shortages are in the big names of the most popular brands,” he said, adding that champagne hunters should be “a …
Champagne Shortage Likely to Push Up Prices of Bubbly Over Holidays
December 23, 2021
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