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

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