Global Luxury pp 87-107 | Cite as
Champagne, Between Terroir and Luxury, 1945–2014
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Abstract
Whether or not champagne belongs to the luxury category is a matter of debate, with some preferring the use of the term ‘prestige product’. Generally, luxury products are those that give producers high profit margins. This is not the case with champagne, however, as its cost price can be very high due to the locations of vines in northern regions, the fact that the grapes are picked by hand, multiple cellar operations, and long storage periods.
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© The Author(s) 2018