Tag Archive: Cognac
WSWA Sees Nascent Signs Of Off-Premise Uptrading
While overall depletion trends remained subdued in both wine and spirits in May, according to the WSWA’s SipSource, there are nascent signs that consumers have resumed uptrading in the retail channel. Continue reading →
Posted in News on July 14, 2025China Slaps Levies On Cognac In Retaliation For France’s EV Tariffs
China has enacted temporary anti-dumping measures on European brandies, forcing importers to pay up to a 40% deposit to bring their spirits into the country. Continue reading →
Posted in News on October 8, 2024Pernod Ricard, LVMH, Rémy Shares Slip Amid China Anti-Dumping Probe Targeting Cognac
Chinese authorities have started an anti-dumping probe against European brandy imports, escalating the ongoing trade dispute between the EU and China. Continue reading →
Posted in News on January 5, 2024Luxury Spirits Up 15% In The Third Quarter
Luxury spirits brands grew 15% in the third quarter of 2022 compared to the same time last year, according to a new report from the Distilled Spirits Council of the United States. The findings come from DISCUS’s Luxury Brands Index. Continue reading →
Posted in News on December 16, 2022Champagne 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, 2022Cognac 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