Tag Archive: Martell
Cognac’s Leading Players Plot Category Rebound
Cognac has seen its share of challenges lately, impacted not only by slower drinks consumption overall but also a marked migration of consumers toward Tequila, which continues to attract more multicultural fans. Continue reading →
Posted in News on December 18, 2024Pernod’s U.S. Sales Dip 10% In First Quarter, As Destocking Continues
Pernod Ricard reported sales down 5.9% on an organic basis to €2.8 billion ($3b) for its fiscal first quarter ending in September, citing significant declines in the U.S. and China with foreign exchange impacts also contributing to the challenging conditions. Continue reading →
Posted in News on October 17, 2024Cognac Weathers Tough Conditions, Aims For A Rebound
After soaring to an all-time high of 8.5 million case depletions amid the pandemic in 2021, the Cognac category saw volume decline sharply in 2022 and 2023, with depletions estimated at just over 6 million cases last year, according to Impact Databank. Continue reading →
Posted in News on January 11, 2024Retailers, Suppliers Look To Capitalize On Holiday Trends
Nearly all retailers generate a disproportionate amount of their revenue during the winter holiday season. Continue reading →
Posted in News on December 8, 2023After A Decade-Long Boom, Cognac Makers Focus On Value Over Volume
Cognac made significant gains in the U.S. market over the past decade, so much so that volume in 2020 was more than double that registered in 2010, according to Impact Databank. Continue reading →
Posted in News on November 21, 2022Pernod Ricard’s First-Half Sales Rise 17% To $6.8 Billion
Pernod Ricard posted a buoyant set of results for its fiscal first half ended in December, with sales up 17% to €6 billion ($6.8b) and profit from recurring operations jumping 22% to €2 billion ($2.3b). Continue reading →
Posted in News on February 10, 2022
