Producers of champagne will only benefit from the fall of the euro against the dollar
Champagne producers are among those who benefit from the fall of the euro against the dollar to the lowest in 12 years, according to MarketWatch.
"We are very happy, because this situation is well reflected in our profitability, - said the managing director Frederic Rouzaud house Louis Roederer, which produces luxury champagne Cristal. - Favorable currency fluctuations allow us to spend more on advertising, and we obviously will intensify its efforts in terms of marketing United States this year".