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.
Strong Cognac sales in the third quarter have helped deliver an impressive year-to-date performance for Remy Cointreau.
Hit by a succession of small wine harvests in recent years, Bordeaux's 2016 crop is set to be the biggest since 2009, easing pressure on the region’s stocks considerably.
The Sazerac Co has book-ended a year that started with the purchase of Southern Comfort and Tuaca with the acquisition of Cognac producer Domaine Breuil de Segonzac.
French maritime shipping giant CMA CGM is moving into the bottled water market with the creation of a joint-venture company in partnership with the Société des Eaux Minérales d’Ogeu.
Marie Brizard has provided further details on its plans to consolidate route-to market in several of its key countries.
French customs officers have dismantled a wine trafficking ring in the Bordeaux region that focused on passing off lower grade products as wines with as 'appellation d'origine contrôlée' (AOC).
Laurent-Perrier has distanced itself from reports claiming that the Champagne brand's major stakeholders are considering a sale.
PepsiCo has pooled its beverages sales forces in France with Danone Waters in the out-of-home food channel.
French wine group AdVini has expanded its presence in Burgundy with the purchase of Maison Champy.
Castel Frères has unveiled a EUR100m (US$111.8m) project to modernise production, bottling and storage facilities at its headquarters in Blanquefort, near Bordeaux.
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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