Champagne shortage ahead of New Year's Eve as supply chain issues hit wine industry

  • 📰 fox32news
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

It could be tough to find some of your favorite champagne labels this year as supply chain disruptions have been impacting the industry.

" that the issues hit the wine industry in a "perfect storm" ahead of the holiday when champagne is in strong demand.

"As the cost of business and challenges of doing business impact the wine and spirits industry, consumers are going to see that on the shelves or their bars and restaurants," Bilello said. Napjus stressed on Wednesday that shipping delays and the truck driver shortage has been a challenge for the wine industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 547. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley picks 'regional champions' and stocks most pressured by the supply chain crisisThis year's supply chain crisis has hit companies hard as bottlenecks built up and industrial production failed to meet a post-pandemic spike in demand.
Source: CNBC - 🏆 12. / 72 Read more »