It might be an advertisement for a flea market in Saint-Denis in the Paris suburbs.

Martini-Rossi aperitif wine

Quinine aperitif wine

Sparkling wine originating from the Asti region in Italy

Sparkling wine originating from the Asti region in Italy

Everything leads us to believe that this is an advertisement for sparkling wine: the ostrich feathers symbolizing lightness and the dance step.