France: Latest beverage news & analysis
Has it happened? Has China's Cognac market finally bottomed out?
In a trading update today, Remy Cointreau posted an 8% lift in reported sales for the nine months to the end of December. Here, just-drinks takes a closer look at the company's sales performance by brand in the year-to-date.
Whether you're a brewer, a distiller or a winemaker, the watchword for results announcements this season is: strategic plan.
Remy Cointreau will issue its full first-half results on Thursday (23 July). Last month, in a trading update, the group reported a near-6% fall in organic sales in the six months to the end of September, with the second quarter performing better than the first.
It has been more than a year since Cognac makers such as Pernod Ricard stopped estimating how long it will be before their China markets turn around. The downturn has lasted far longer than these companies expected, and yesterday Pernod's CFO Gilles Bogaert risked little when he predicted that this fiscal year in the country is likely to be similar to the previous one.
The French unit of Marie Brizard Wine & Spirits has exited its 'continuation plan' in the country, following the clearance of an unspecified amount of debt.
Alsace-based wine company Les Grands Chais de France (GCF) is to launch a range of wines following the purchase of Château Belles Eaux in the Languedoc-Roussillon region.
Spanish road tankers carrying bulk shipments of wine from the country have been attacked by French growers from the Languedoc region, protesting against what they claim are "cheap imports" from counterparts in both Spain and Italy.
Scottish brewer Innis & Gunn has partnered with Spain's Grupo Diego Zamora to create a joint venture, which will handle their combined portfolios in France.
Marie Brizard Wine & Spirits' Moncigale wine subsidiary has reached agreement in its legal disagreement with the liquidators of French wine group Chamarré.
Marie Brizard Wine & Spirits is set to take another step along its road to recovery, as it completes an early debt repayment in its domestic market.
The organisers of the Tour de France have met with wine growers in the country who are unhappy at the race's sponsorship deal with Concha y Toro's Chilean wine brand, Cono Sur.
LVMH's wines & spirits unit, Moet Hennessy, has posted a healthy leap in full-year profits as sales in China rebounded in the second half of last year.
In a further step to merge its back office operations, Pernod Ricard will consolidate its Ricard and Pernod human resources divisions in France from 1 April.
Burgungy-based negociant Badet Clement has purchased Domaine du Tresor in France's Languedoc region.
just-drinks is in Cannes this week at the Tax Free World Association show. Here's the second part of Andy Morton's blog, which will keep you up-to-date at one of the most important dates in the Travel Retail calendar.
just-drinks is in Cannes this week the Tax Free World Association show. Here's the second part of Andy Morton's blog, which will keep you up-to-date at one of the most important dates in the Travel Retail calendar.
just-drinks is in Cannes this week the Tax Free World Exhibition. Here's the first part of Andy Morton's blog, which will keep you up-to-date at one of the most important dates in the Travel Retail calendar.
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