IWSR Expects Subdued Spike in Sparkling Wine Sales this Holiday Season

Dear Client:   Sparkling wine volumes were down 7% in the US between January and August compared to the same period last year, according to IWSR. The category typically sees a nice boost during the holidays, but that increase in getting smaller. IWSR estimates that December accounts for about 20% of all sparkling wine consumption in the US. Indeed, Champagne volumes see a 2.5x increase in December and Prosecco typically sees a 3x increase. But that multiplier has been shrinking. Indeed, Champagne saw