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.
French wine group AdVini is in exclusive negotiations to acquire Burgundy-based Béjot Vins et Terroirs (BVT).
Sazerac has announced the appointment of Marie Brizard Wine & Spirits as distributor for three of its brands in France, including recent purchase Southern Comfort.
The head of wine producer Badet Clément has said France lags the rest of the world on creating global wine brands and has warned that the country needs a complete rethink if it wants to catch up.
Laurent-Perrier has posted a healthy set of results from its latest fiscal full year, but has warned that the trading environment in 2016 "requires considerable caution".
The 'La Cité du Vin' wine exhibition in France is set to be officially inaugurated today.
Marie Brizard Wine & Spirits has seen its sales fall in the first three months of this year, although the group maintains its target of "significant" profit growth in 2016.
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.
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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