User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


75° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Champagne Sales Sparkle

December 28, 2011, 9:50 PM by Angela Kennecke

Champagne Sales Sparkle
SIOUX FALLS, SD - With New Year's Eve just around the corner, it's time to break out the bubbly.  In a sign of better economic times, Champagne sales are soaring.

When it comes to the economy, you can look at the glass as half empty.  But if you're measuring it by champagne, the glass is half full. Champagne sales are sparkling this holiday season.

"It's nice to see that more and more people are considering that for their holidays. We've seen an increase in buying prior to Christmas, which is always nice to see. Our big time frame is the eight days prior to New Year's Eve. If you're going to have sparkling, you're going to have it on New Year's Eve," Heather Taylor Boysen, owner of Good Spirits Fine Wine & Liquor, said.

In fact, shipments of Champagne were up 22 percent in the first half of this year compared to last, with nearly 8 million bottles coming into the U.S.

"I'm seeing a little more consumer confidence, which as a retailer is always nice to see. You can breathe a sigh of relief and say, 'Maybe we are over the hump,'" Taylor Boysen said. 

People are willing to spend a little more, between $30 and $50 a bottle.

"It's still that $15-$20 mark, still ideal. But we are seeing consumers familiar with products and understand what they are willing to spend a few more dollars to get that special bottle for this year," Taylor Boysen said.

Of course, Champagne can run much more, like a $279 bottle of Cristal. But even so, Boysen says she'll sell about 20 of them this year.

"I think people are not afraid to spend some money on themselves and that's a good thing to see. If you're going to celebrate the holidays, it's all about family and being together and maybe people are saying, 'I deserve a treat this year,'" Taylor Boysen said.

The wine industry is trying to encourage sparkling wines and Champagnes for drinking when it's not just a special occasion, hoping to boost sales even more.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events