Tag Archive: Cognac
Rarified Retailer: Dennis Overstreet, Owner Of The Wine Merchant Beverly Hills
The Wine Merchant Beverly Hills is one of the Los Angeles market’s leading wine and spirits retailers, boasting a rarified international clientele. Five years ago, proprietor Dennis Overstreet relocated from his high-rent 25,000-square-foot store on Rothbury and Santa Monica Boulevard to a 2,000-square-foot shop on Canon Drive in the Beverly Hills Triangle. He conducts dinners and tastings at a 40,000-square-foot wine cellar in West Los Angeles, three and half miles away from the store. Overstreet’s total revenues were $4.5 million last year—with 80% of sales in wine and 20% in spirits. He expects to hit $5 million by the end of this year. Overstreet also owns and operates two restaurants, The Dock and The Porch, in Newport Beach. Shanken News Daily recently spoke to Overstreet about trends in his retail business. Continue reading →
Posted in News on October 21, 2011Spirits Sales Up 2.4 Percent In 52 Weeks Through September 4, IRI Numbers Show
Spirits volume growth in food and drug stores accelerated over the past two months, according to SymphonyIRI group. Continue reading →
Posted in News on September 15, 2011Cognac Rebounds In U.S. By Expanding Usage Occasions
While capturing big volume gains in emerging markets, Cognac also is refreshing its image in the U.S. by innovating within the tradition-focused category. Continue reading →
Posted in News on September 7, 2011Asian Surge Spurs Moet Hennessy To Strong H1 Growth, But U.S. Still Challenging
Sparked by double-digit organic volume growth for its Champagne unit and Hennessy Cognac’s solid progress, Moët Hennessy’s overall spirits and wine sales rose sharply in the first half of 2011 (ended June 30). Continue reading →
Posted in News on July 26, 2011News Briefs for July 13, 2011
•Italian wine producer Santa Margherita has introduced a Chianti Classico Riserva extension to the U.S., in partnership with brand importer Terlato Wines International. Continue reading →
Posted in News on July 13, 2011Remy Aims To Boost Luxury Sales With New Pop-Up Store Concept For Louis XIII
Rémy Cointreau USA has taken the marketing—and selling—of luxury Cognac Louis XIII to the streets. The company has launched a “pop-up” museum/store in New York City’s Soho neighborhood alongside luxury retailers like Louis Vuitton and Mont Blanc. Continue reading →
Posted in News on June 15, 2011
