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Slowdown in China affects growth in LVMH wines and spirits divison

Published:  15 April, 2015

Remy Cointreau reports sales boost on back of liqueurs and spirit growth

Published:  15 April, 2015

Spirits company Remy Cointreau saw a "significant" boost to sales in the last quarter of 2014, and reported positive growth of 0.6% in the 12 months to 31 March.


Hennessy celebrates 250th anniversary with limited edition cognac release

Published:  01 April, 2015

The Hennessey cognac house is celebrating its 250th anniversary by releasing The Hennessy 250 Collector's Blend, a limited edition signature blend of eaux-de-vies.


Rémy Cointreau sales decline slows, shows signs of stabilising

Published:  22 January, 2015

Rémy Cointreau's sales are still declining based on its third quarter financial results, but falls are slowing signalling that the company may finally be stabilising following a Cognac crash that hit China.


Beam Suntory names Rebecca Asseline as Courvoisier ambassador

Published:  29 October, 2014

Rebecca Asseline has been appointed the global brand ambassador for Courvoisier.


Rémy Martin to open a pop up private members club in London's Soho

Published:  09 October, 2014

Famous Cognac house Rémy Martin is opening a members' only club in London for two weeks from November 25- December 6, 2014 .


Decline in Far East and Europe hits global Cognac sales but US rallies

Published:  12 September, 2014

The clampdown on luxury goods gifting in China continues to hit the global spirits industry with Cognac announcing total exports are down both in volume and value for the year to July 2014.


Tough fiscal year end closes for drinks industry's biggest players

Published:  26 June, 2014

There won't be many corks popping across the drinks industry this week as the summer marks what has been tough fiscal year for the sector dominated by a slowdown in growth in China.


Troubled Remy Cointreau names replacement chief executive

Published:  11 June, 2014

Rémy Cointreau which has seen profits and sales rapidly decline over the first half of the year, has named Valérie Chapoulaud-Floquet as the new chief executive slated to take contirl of the struggling spirits brands in mid-September.


Rémy Cointreau warns profits may slump by 40%

Published:  17 April, 2014

Rémy Cointreau has warned that full year profits may plummet by 35 to 40%, thanks to a fall in Chinese sales.


LVMH wine and spirits fall short of Q1 expectations

Published:  14 April, 2014

LVMH's wine and spirits business group posted a decline of 8% in the first quarter compared to the previous year.


Market latest: Credit downgrade for Rémy Cointreau SA and Treasury Wine Estates halts trading

Published:  30 January, 2014

It has been a challenging week financially for two major players in the drinks trade; Remy Cointreau SA credit rating was downgraded on Monday to 'negative' and Treasury Wine Estates requested a trading halt on Tuesday until the ASX opens tomorrow.


Q&A: Dr Gareth Morgan, Cognac educator, Oinoudidasko Wine Education

Published:  09 October, 2013

The Cognac expert explains what it means to be an educator in his chosen field


Courvoisier launches campaign to attract younger consumers

Published:  08 October, 2013

Courvoisier hopes to attract key targeted premium spirit consumers to the Cognac category with a new campaign that looks to bring fresh excitement to what has often been seen as a traditional and elite drink.


Q&A: Agnès Aubin, Bureau National Interprofessionnel du Cognac

Published:  01 October, 2013

The director of communications and promotion for the BNIC on how Cognac is going from strength to strength


Hine Cognac sold for undisclosed amount

Published:  24 September, 2013

Hine Cognac, which was put up for sale in April by UK-based CL World Brands, a subsidiary of the Caribbean group CL Financial, has been sold to French company EDV SAS for an undisclosed amount.


Q&A: Vincent Géré of Rémy Martin on the Far East Cognac boom

Published:  06 August, 2013

Few people are better placed to discuss the Far East Cognac boom than Vincent Géré, Rémy Martin's director of estates and oenology. The man responsible for the style and supply of the Cognac brand, his association with China dates back more than 25 years. He spoke to Richard Woodard


Richelieu XO named World's Best Cognac

Published:  05 August, 2013

South African-owned Cognac Richelieu has been awarded the title of World's Best Cognac at the International Wine & Spirit Competition.


Dorchester hosts Louis X111 Cognac experience

Published:  27 July, 2013

Cognac lovers and aficionados should head to the Bar at the Dorchester hotel in London this week to see the Louis...


Cognac auction on track to break records

Published:  19 July, 2013

The 8th annual La Part des Anges Cognac auction held on September 19th, 2013, in Château Brillac...