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Memory: Cognac Hit By Destructive Hail Storm
Hail Destroys Vineyards, Kills Child
In April last year, a late frost, struck the Cognac region, damaging a good portion of the vineyards. The frost was bad news for Cognac producers, including Hennessy, who already projected Hennessy V.S. shortages for later in 2017 and was hoping to add to its eau-de-vie stock with strong growing season last year. Those hopes were dashed again over the weekend.
The Cognac industry took a further blow on May 26...
Memory: Louis Royer XO Cognac Named Among The World’s Top 120 Spirits
Louis Royer XO Cognac Named Among The World's Top 120 Spirits by Paul Pacult's Renowned Spirit JournalFifth Generation Cognac Family's Signature Spirit Takes Its Place Among the Elite of Five-Star Distillates
Louis Royer, an iconic Cognac house dating to 1853, today announces that its XO Cognac is among the Spirit Journal's Top 120 Spirits in the World.
F. Paul Pacult's Spirit Journal is one of the world's most respected and ethical voices in spirits criticism and...
Memory: Hong Kong Protests Hit Cognac Sales
Trouble in Hong Kong cuts tourism, spending on Cognac.
The protests in Hong Kong have harmed the tourist industry and hence Cognac sales. The Far East accounts for more than 25% of Cognac sales but about 40% of the revenue as longer-aged, higher-priced Cognacs are more popular in that region than in North America where nearly 46% of all Cognac sales occur. North American sales are more heavily tilted towards younger V.S. Cognacs than the...
Memory: LVMH Strong Second Quarter Results Driven By Hennessy Cognac
LVMH Moët Hennessy Louis Vuitton (LVMH), owner of the Hennessy cognac brand, reported their first half earnings late last week. Total LVMH first half of 2017 revenues were up 15% from the first half of 2016 and profits were up 23%, led primarily by a 34% increase in fashion and leather goods and a 21% increase in the wines and spirits. Hennessy volumes were up 16% in the first half based on "excellent performance...
Memory: Cognac Sets New Record For the World’s Most Expensive Shot
The Most Expensive Cognac
A Shot of Jean Filloux's Rome de Bellegarde Smashes Most Expensive Shot of Cognac Record by over $5,000!
In January 2017, we reported in A Taste of the World’s Most Expensive Cognac that a shot (40 milliliters -about 1.3 ounces) of Cognac Croizet Cuvée Leonie 1858 was served at The Hong Kong InterContinental for about $8,800 making it according to the Guinness Book of Records the “Most Expensive Shot of Cognac.”
The Most...
Memory: LVMH Updates Investors on Potential Hennessy Shortage
Hennessy Cognac Sales Growth in U.S. Strains Supplies
Earlier this week LVMH Moët Hennessy Louis Vuitton (LVMH), a luxury brand conglomerate and owner of Hennessy cognacs, warned that due to significant increases in Hennessy sales, the availability of cognac stocks may be impacted for the rest of the year. The warning was part of LVMH's first quarter earnings release that reported record revenues of €9.9 billion in the first quarter of 2017, up 16% from...
Memory: Hardy Announces Art Nouveau Bottle For its Noces D’Or Cognac
The House of Hardy is known for its elegant cognacs and its elaborate Prestige collection bottle designs. The House of Hardy's Prestige collection of cognacs are aged more than thirty years. These cognacs include Noces D' Argent, Noces d' Or, Noces De Perle, Noces De Diamant and Noces D'Albatre.
Hardy's Noces D'Or cognac is being repackaged into a sleek art nouveau style bottle with a hand etched glass plaque adorning the front. The plaque...
Memory: Hennessy Names Renaud Fillioux de Gironde as its New Master Blender
Hennessy announced today that it had named Renaud Fillioux de Gironde as its New Master Blender. Monsieur Fillioux de Gironde will be the 8th generation Hennessy Master Blender. Renaud recently finishd his apprentice under his uncle, 7th generation Hennessy Master Blender, Yann Fillioux.
Renaud, a 39-year-old Cognac native, was the Winegrower Relations Manager at Hennessy and has studied under his uncle for the role of Master Blender for more than fifteen years. The Master Blender...
Memory: Campari Buys Bisquit Cognac, Altia signs Larsen Cognac Asian Distribution Deal
Acquisition and Distribution Deals Highlight Importance of Chinese/Asian Markets
According to the Bureau National Interprofessionnel du Cognac (BNIC), cognac sales are growing fastest in the Asian region. From December 2016 through November 2017, global sales of cognac grew 11.5% led by 15.1% growth in the far east region.
Recent headlines and the stories behind them indicate a scramble to serve the growing Asian market.
Italy's Campari adds premium cognac brand Bisquit to its portfolio (Reuters)
Campari the world's...
Memory: BNIC Takes Aim at Cognac Counterfeiters
Counterfeit Cognac?
Cognac is a unique craft product whose makers must follow strict guidelines set down by the Le Bureau National Interprofessionnel du Cognac (BNIC) in ordered to be labelled and marketed as "Cognac".
Because of the arduous process and skill required to make Cognac and because Cognac can only be made in the Cognac region of France and from grapes grown in the region, Cognac commands a premium price to other brandies. The exquisite nature...