Tag Archive: Cognac
Cognac Category Shows Strong Rise In Year Through July
Cognac continues to post solid gains in the U.S. market, with 63 million bottles imported in the 12 months through July, according to the BNIC. Continue reading →
Posted in News on August 28, 2015Rémy Cointreau Rebounds In Fourth Quarter With Double-Digit Sales Growth
After facing declining sales for the first nine months of its fiscal year, Rémy Cointreau posted a sharp turnaround, with organic sales up 23.4%, to around €224 million ($238m), for its fourth quarter ended March 31. Continue reading →
Posted in News on April 15, 2015Struggling Rémy Cointreau Improves In Third Quarter As Rémy Martin Rebounds In China
After enduring a sharp dropoff in its fiscal first half, Rémy Cointreau saw flagship Rémy Martin Cognac achieve third quarter shipments growth of 7.4%, with improvement in the key markets of China and the U.S. Continue reading →
Posted in News on January 22, 2015Cognac Sees Renewed Growth In U.S., As Asian Demand Dries Up
Only a few years ago it was commonplace to hear that Cognac producers were holding back stocks formerly destined for the U.S. to sell at higher prices in China. Continue reading →
Posted in News on January 12, 2015Hennessy On The Rise In The U.S., Despite Cognac’s Global Slowdown
Although Cognac has lost a little steam in the U.S. lately—decelerating from 2.8% volume growth in 2012 to a 1.9% advance last year, according to Impact Databank—category leader Hennessy has managed to stay ahead of the curve. Continue reading →
Posted in News on October 21, 2014News Briefs for September 16, 2014
•Diageo has opened its new Bulleit Frontier Whiskey Experience visitors center at Louisville’s Stitzel-Weller Distillery—part of the Kentucky Bourbon Trail tour—and announced plans for further investment at the site, including the addition of a small batch craft still and finishing center. Continue reading →
Posted in News on September 16, 2014