Related: Why alcohol sales are declining In other business headlines, military conflicts in several parts of the world, global political uncertainty and dissatisfaction, and inflation’s stubborn will not to go back down - are all taking a toll on the world’s party vibe.

Champagne sales have fallen to their lowest levels in over two decades, with shipments down nearly 10 per cent globally. Economic uncertainty, political instability, and changing consumer habits have contributed to this slump,

The total number of Champagne shipments from France sank by almost 10% last year to 271 million bottles, marking the second consecutive year of declines.

Champagne sales have declined globally, with shipments from France dropping nearly 10 per cent last year, marking the second consecutive year

This glass is half empty. Champagne shipments from France have slumped for a second straight year as consumers are more closely minding their pocketbooks and the state of the world has put people in an overall sullen mood,