in France, the concern of champagne producers

    in France, the concern of champagne producers

    A Ay-Champagne (Marne), the Bollinger house exports a million bottles of champagne every year across the Channel. In the event of a “no deal” on Brexit, each will be taxed 20 cents. The director has already made his calculations: he will lose 20,000 euros per year. “We will be forced to cut back on our margins, so our objective will be to absorb these tax increases as much as possible so that there is no impact on the consumer.“, explains Charles Armand de Bellenet, CEO of Bollinger.

    The same goes for Côte-d’Or, where Clos de Vougeot exports 20% of its production to the United Kingdom. These producers will also be taxed and fear losses in market share. “We think that there could be preferential conditions given to the Commonwealth countries, where we have Australia as a big competitor for example“, worries François Labet, winemaker. A” no deal “would mainly affect the food industry and industry: France could lose 3.6 billion euros next year.

    The JT

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