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Dubois-Moussy : first vintage
31 décembre 2003
Caroline and Laurent Dubois, wine growers at Echallat, have just produced their first vintage, Dubois-Moussy 2002.

François Loos in Cognac
24 décembre 2003
The minister with responsibility for foreign trade, François Loos, will be in Cognac on 19 January where he will take part in a meeting with the BNIC concerning the export problems facing cognac.

Seguin-Moreau : job cuts
24 décembre 2003
The planned redundancy scheme which affects the Seguin-Moreau cooperage at Merpins (Oeneo group) has been set out in detail. 24 jobs are to be cut. The decision is the result of falling orders.

False XO cognac in China
24 décembre 2003
A distillery producing false XO (extra old) cognac has been discovered at Shenzhen (China).

Viticulture : quotas exceeded
24 décembre 2003
300 wine-growers in the cognac area have been accused of exceeding production quotas. They are alleged to have illegally produced 6,000 hectoliters of pure alcohol (450,000 authorized).

J.P. Raffarin gives his backing to the Zonta report
24 décembre 2003
The representatives of the Cognac wine region : the BNIC, the president of the pineau committee, the representative of the wine branch, officials from Onivins and INAO, as well as the prefects from the Charente and Charente-Maritime and the prefect for the Poitou-Charentes region, are at Matignon today where the Prime Minister Jean-Pierre Raffarin is expected to approve the report by Anthony Zonta. The plan drawn up by the high-level official at the ministry of Agriculture covers the land distribution of vines for the production of cognac (revision of the 1936 decree), AOC cognac acceptance on leaving the pot still and the authorization of vines for industrial use.

Syndicat Sud at Martell
24 décembre 2003
The Martell cognac house now has a Sud labor union. Gérard Faure was elected the 11th of December as employees’ representative under the colours of the Sud labor union, one of whose aims is to have the rescue plan cancelled.

Louis-Royer takes stock
24 décembre 2003
Louis-Royer cognacs (Jarnac) had a turnover of 330 million euros in 2003 and sold 160,000 cases (cognac and brandy). A new bottling center (6 million euros) was inaugurated in June.

Top employers’ salaries
24 décembre 2003
According to a recent report by the Parliamentary law commission on top employers’ salaries, Bernard Arnault, the CEO of LVMH (Hennessy cognac) received 3.269 million euros in 2003 and Patrick Ricard, the CEO of Pernod-Ricard (martell cognac) received 2.336 million euros.

LVMH moves into pleasure cruises
23 décembre 2003
On Tuesday LVMH announced the takeover of Miami Cruiseline Services, world leader in sales of duty-free luxury goods on cruise ships (service provider for more than 100 ships and 26 shipping companies) for an estimated price of 300 million dollars. This new acquisition reinforces LVMH’s position in the duty-free market and will come under the group’s selective distribution branch which already includes DFS, the world leader in duty-free sales.

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