Does "bubbles" here refer to "champagne"? Is it common to refer a "champagne" as "bubbles"?
Native speaker’s answer
Rebecca
Yes, that's correct! "Bubbles" or "bubbly" are informal ways to refer to champagne, as champagne is notable for its bubbles. It is most common to use in combination with "bottle of" in front of it. Ex: Our New Year party was amazing. We had ten bottles of bubbles. Ex: Can we get some bubbly for our table?