Exclusive news and research on the wine, spirits and beer business

Tag Archive: Cognac

Champagne Propels Moët Hennessy’s First-Half Sales

Moët Hennessy saw sales increase 14% organically to €3.3 billion ($3.4b) in its fiscal first half ended in June, while profit from recurring operations jumped 25% to €1.15 billion ($1.2b). Continue reading →

Posted in News on July 28, 2022

Cognac And Champagne Lead French Drinks Imports To Strong U.S. Rebound

Imports of French drinks into the U.S. bounced back in 2021, registering strong double-digit gains in shipment volume and value, after higher tariffs had caused severe drops the prior year. Continue reading →

Posted in News on February 11, 2022

U.S. Cognac Shipments Up 11%, With XO And Above Soaring 59%

Worldwide Cognac shipments grew 16.2% to 223.2 million bottles (18.6 million cases) in 2021, according to the Bureau National Interprofessionel du Cognac, constituting a turnover of €3.6 billion ($4b). Continue reading →

Posted in News on January 28, 2022

News Briefs for December 17, 2021

•French distiller and distributor Maison Villevert has taken a majority stake in Cognac Grosperrin, which specializes in vintage, rare, and small batch releases. Continue reading →

Posted in News on December 17, 2021

French Wines And Spirits Accelerate In The U.S.

After French drinks exports to the U.S. dropped significantly in 2020 due to higher tariffs—whose five-year suspension was announced back in June—shipments have been rebounding strongly in the first two-thirds of this year. Continue reading →

Posted in News on October 18, 2021

DISCUS: U.S. Supplier Revenues, Volumes Jump In 2020

U.S. spirits supplier revenues surpassed $31 billion on volume up 5.5% to 251 million 9-liter cases in 2020, according to the Distilled Spirits Council of the U.S. With that strong performance, spirits’ share of total beverage alcohol supplier revenues climbed to 39.1%. Continue reading →

Posted in News on January 29, 2021

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