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Profits for Allied Domecq
30 avril 2003
The British firm Allied Domecq (Courvoisier cognac) has recorded a 2 % increase in pre-tax profits for fiscal 2002-2003 (371 million euros).

Pineau sales increase
23 avril 2003
Pineau sales rose by 6.8 % in 2002 and now represent the equivalent of 1,000 vineyards with a total of 5,600 hectares. 79 % of pineau is produced in Charente-Maritime, 21% in Charente for a total of 130,028 hl. After the French market, the main clients are Belgium (22,825 hl), Canada (2,809 hl), Germany (498 hl) etc.

Patrick Ricard worried by boycotts
23 avril 2003
The CEO of the Pernod-Ricard group, which has 17 % of its sales in the US, is calling on France to moderate its opposition to the current American policy. He is worried that his business may be threatened by boycotts.

Pernod-Ricard believes in US
16 avril 2003
Despite the current tension and boycott threats, Pernod Ricard remains convinced of the need to develop its presence on the American market where it has only a 5% share.

Cooperatives doing well
16 avril 2003
White, red, rosé : Charente vins de pays are gaining ground in the storehouses and on supermarket shelves. Cooperatives are playing a leading role in their development. They produce 100,000 hectoliters of wine which represents 13 million bottles.

Hard times for cooperages
16 avril 2003
Cooperages in the Cognac area have been going through a recession of "10 to 20 %" since the autumn, according to the CEO of Taransaud (188 employees, turnover of 36 million euros), Henri de Pracomtal. "February-April" is flat, according to Bertrand Sourisseau, (Vicard, 170 employees, turnover of 36 million). Climatic "accidents" and the delay in the start of the US market are the cause of this situation. Only the small cooperages such as Anjems or the Borderies at Saint-Sulpice-de-Cognac are weathering the crisis.

Two cognacs among the top 25 brands
9 avril 2003
Two brands of cognac appear in the league table of leading French brands published by the magazine "Challenges". They are Hennessy (12th) and Rémy-Martin (16th). Of note among other brands represented in the region are Michelin (15th) and Alstom (25th).

H.-Mounier breathing more easily
9 avril 2003
After a difficult period,H.-Mounier (spirits) now has 95 employees and Francis Barot, the chairman of the board, has said that about fifteen more are currently being hired. In 1999, it acquired the Hardy cognac house and retained 4 of the 28 employees from the plant which is to close soon. Lastly, it launched the production of Grey goose vodka in 1997, for which the bottling plant at Gensac will be operational in the course of the year. H.-Mounier intends to concentrate its plants on this site.

Remy Martin launches a "Cognac-diamant"
2 avril 2003
Remy Martin is launching Star Diamond, a "diamond cognac", a mini-decanter of their renowned Louis XIII cognac with a stopper set with diamonds which can be transformed into a pendant, which will be sold for 1,000 euros in the palaces and great restaurants of the world. In 2001, Remy Martin launched a magnum at 33,000 euros and a 70 cc carafe at 6,400 in Baccarat crystal, sales of which (several hundred) have largely exceeded expectations.

Winegrowers’ union calling for unity
2 avril 2003
The syndicat general des vignerons (SGV) - winegrowers’ union - under the presidency of Philippe Boujut, during its board meeting, has called for unity among the different players in the branch (growers, distillers and merchants). According to the SGV, the new controlled label of origin AOC for cognac must be implemented rapidly and with the agreement of the various parties.

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