France: Latest beverage news & analysis
Five years ago this week, French wine and spirits group Belvédère was embroiled in legal proceedings with creditors over the amount of debt it owed. Since then, the firm - which has Bruce Willis as a minority shareholder - has endured a roller coaster of fortunes in its bid to stay afloat.
Remy Cointreau today reported a drop in first-half sales after another weak showing in China. Here, just-drinks takes a closer look at the company's performance by brand in the six months to the end of September.
When a company announces a cost-savings programme, you can guarantee it will get its own headline. When the programme is given a name by the company, the headline gets that little bit louder. But when the company announcing the programme is French, then start polishing those lightbulbs.
Pernod Ricard will report its quarter four and full-year numbers on Thursday. Here, just-drinks takes a look at what the Paris-headquartered group has been up to in the three months to the end of June:
During last week's full-year results conference call, Remy Cointreau chairman & interim CEO François Hériard Dubreuil said he expected a new face to be sitting alongside him for the next call.
Belvédère, the France-based wine and spirits group, is to offload its production assets in Poland and strip down its portfolio as part of a new strategic plan to turnaround falling sales.
The Compagnie Financière Européenne de Prises de Participation (COFEPP), which owns French spirits group La Martiniquaise, has extended its footprint in the wine retail segment with the acquisition of Wineandco.com for an undisclosed sum.
A French biodynamic wine producer who was fined for refusing to use pesticide to protect his vines has won an appeal to overturn his conviction, according to reports.
The Société des Produits Marnier Lapostolle, producer of Grand Marnier, has said there are “no plans” to sell the company, following press speculation of a possible deal.
Laurent-Perrier has continued its strong start to the fiscal year as profits and sales climbed on demand from outside Europe and the performance of its Salon brand.
Les Domaines Paul Mas has added a further 16 hectares of vineyards to its portfolio, through the extension of the production area at its Château Crès Ricards in Languedoc to 42 hectares.
Remy Cointreau has slowed falling profits in its fiscal first half, but has warned that Cognac trends in China continue to damage performance.
French syrup maker Monin has confirmed plans to invest EUR30m (US$37.2m) in doubling its production capacity, in response to strong international sales growth.
Coca Cola Enterprises (CCE) is investing EUR30m in a new canning line at one of its production plants in France.
Belvédère has seen its year-to-date sales slide as a tough third-quarter hampered the group's progress.
Does Pernod Ricard have something to hide? In a press conference after the release of full-year results today, only a quarter of the 100 minutes were given over to questions from journalists.
The alcohol industry can sometimes skirt around the reason why people choose to drink.
Among the bustle of - in my opinion - a rejuvenated London Wine Fair yesterday was a competition to honour the best wines of France's Languedoc-Roussillon region.
- Review of the Year 2014 - Part IV: Spirits
- Review of the Year 2014 - Part V: Wine
- Cuba-US Normalisation: Bacardi, Pernod Winners?
- just Five Years Ago - Belvedere Group's Bumpy Ride
- just the Ten - Editor's Viewpoints of 2014
- Belvédère to sell assets, streamline portfolio
- Campari to bag EUR19m with "non-core" assets sale
- Pernod agrees Caribe Cooler sale to Grupo Bepensa
- Pernod wins consent for Glenlivet upgrade
- Thailand pulls back from New Year alcohol ban