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Memory: Rémy Martin Sales Soar in 2018
Rémy Cointreau experiences accelerating second-quarter growth; confirms full-year guidance
12% increase in Rémy Martin Cognac sales drives Rémy Cointreau growth.
Rémy Cointreau (RC) reported its financial results today for its first half of quarter for the period of April-September 2018/19. Overall sales were €571.4 million in the first half, up 7.7% from the comparable half year of April -September 2017/18. Revenues at RC were negatively impacted by unfavorable currency effects. Without such currency impact, sales were...
Memory: Cognac Sales Set Third Consecutive Annual Record
Cognac Sales Volume Growth Reported Across All Designations
The Bureau National Interprofessionnel du Cognac (BNIC) announced today that Cognac sales rose to record levels during the year August 1, 2016- July 31, 2017. Sales of Cognac were up 10.0% in volume and 15.2% in value from the prior comparable year. Approximately 190.2 million bottles of cognac, valued at 3.46 billion Euros, were sold from August 1, 2016- July 31, 2017.
During the calendar year of January...
How Texas Saved Cognac
In the 19th century, the French wine industry faced a devastating crisis. The culprit? A tiny insect known as the aphid, which spread a destructive blight called phylloxera throughout the French countryside. The disease ravaged the vineyards of France from about 1860 to the mid-1870s, leaving the wine industry in ruins. But, as it turns out, the solution to this crisis came from an unlikely source: Texas.
The French Solution: Grafting American Root StockTwo gentlemen,...
Memory: Rémy Cointreau Reports Full Year Results
Rémy Martin Drives Sales Increase at Rémy Cointreau
Rémy Cointreau (RC) announced its financial results for its fiscal year ended March 31, 2017 this week. Overall revenues at the spirits conglomerate were up about 4% while net profits were up over 20%. RC is the owner of Rémy Martin Cognacs, Cointreau, Metaxa, Mount Gay Rum, St. Rémy French brandy and Progressive Hebridean Distillers.
Rémy Martin cognacs were the star performer of RC in fiscal year 2017....
Memory: Cognac Sales Hit Record For Fourth Year In a Row
Cognac Sales Volume Growth Reported Across All Designations
The Bureau National Interprofessionnel du Cognac (BNIC) announced that Cognac sales rose to record levels during 2018. Sales of Cognac were up 5.2% in volume and 0.7% in value from the record year of 2017. Approximately 204.2 million bottles of cognac, valued at 3.21 billion Euros, were sold in 2018.
It was the second year in a row that cognac shipments topped 200 million bottles.
https://twitter.com/CognacUSA/status/1085574766025736192
During the calendar...
The Economics of Cognac
Cognac: The Impact of a World Renown Product on the Local Economy
The development of the cognac industry was truly an international affair from the start and remains so to this day. From the Dutch who brought their distillation methods to the Charente, to Irish, England, Danish and Russian distillers who set up long standing cognac houses, to the foreign ownership of many of the major cognac houses, to the nearly 98% export rate of...
Memory: 2016 Big Four Cognac House Sales
Cognac Sales in 2016
According to the Bureau National Interprofessionnel du Cognac (BNIC), Cognac sales rose to a record approximately 179.1 million bottles in 2016, a 6.0% increase in volume from 2015. The record cognac sales in 2016 accounted for 30% of all European Unions spirits exported in 2016.
Sales at the big four Cognac Houses, Hennessy, Martel, Rémy Martin and Courvoisier accounted for approximately half of all cognac sales in 2016.
Here is a chart...
Memory: Cognac Shipments Continue at Record Pace in August
Global Cognac Shipments Rose 6.5% Over Past 12 Months.
Cognac shipment values totaled 3.190 billion euros.
Cognac shipments were 204.6 million bottles from September 2017 to August 2018.
The Bureau National Interprofessionnel du Cognac (BNIC) announced that Cognac sales rose to another record during the 12 month period September 2017 to August 2018. Shipments of Cognac were up 6.5% from the prior comparable 12 month period. Approximately 204.6 million bottles of Cognac, valued at 3.19 billion...
Memory: Courvoisier names A$AP Rocky as its brand ambassador
Courvoisier A$AP Rocky
Courvoisier's Honor Your Code Campaign To Feature Famous Rapper
If you don't stand for something, you don't stand a chance.
Courvoisier has teamed up with A$AP Rocky to promote its brand behind the tagline Honor your Code. A$AP will appear in print and media campaigns and on the company's website promoting Courvoisier. According to a report in Billboard:
"Gary Ross, vice president of Beam Suntory World Spirits, says, 'As a creator, A$AP Rocky...
Memory: Cognac Sales Hit Record in 2016
Cognac Sales Volume and Value Growth Driven by Exports to the United States and North America
According to the Bureau National Interprofessionnel du Cognac (BNIC), Cognac sales rose to record levels in 2016. Sales of Cognac were up 6.0% in volume and 6.8% in value from 2015. Approximately 179.1 million bottles of cognac were sold in 2016.
Cognac Sales by Geography in 2016 vs 2015
North America* - 77.3 million bottles (+14.2% in volume; +14.3% in value)
Far...