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Stabilization in cognac sales
1er mars 2000
Sales of cognac stabilized in 1999 : 376,429 hectoliters of pure alcohol were shipped from the two Charentes, a slight fall compared to 1998 (-0.1 %), but with a sharp acceleration in the second half of the year. The French market has risen by 14.5 % and exports (91 % of production) are at record-breaking levels : +20 % in south-east Asia, +4 % in the US. Cognac is worth 7.5 billion francs.

Gautier and Vallein-Tercinier rewarded
1er mars 2000
Cognac Vallein-Tercinier (Chermignac) has won the second prize in the competition "Best Design for 2000" organized by the American magazine "Torula News" which was won by Cognac Gautier (Aigre in Charente).

Rémy Martin and Camus brushing up their acts
1er mars 2000
For the last twenty years, Camus has offered a bottle of cognac to all artists visiting the town, a discreet way of supporting local events which is appreciated. Another cognac house is also brushing up its communications strategy : Rémy Martin has just published a fanzine after the latest comic strip festival in Angoulême.

Cognac versus "conhaque"
24 février 2000
Cognac has just won a battle against counterfeiters : indeed Brazil has decided to record officially the cognac AOC (guaranteed label of origin) in its national register of patent rights, and has thus undertaken to phase out the use of the term "conhaque".

Allied Domecq (Courvoisier) sets up in Korea
24 février 2000
The British spirits group Allied domecq (Courvoisier at Jarnac) has just set up a joint company with Jinro Ltd in Korea, the leading Korean distributor of spirits, to market whisky and Courvoisier. Korea is one of the world’s ten leading markets for whisky.

Camus prepares his succession
24 février 2000
Jean-Paul Camus, chairman of Camus, is to divest himself gradually of all responsibilities. He should be replaced by his right-hand man, Loick Rousset, CEO of Camus, assisted by JP Camus’ two sons.

Remy-Cointreau holds 11.95 % of Diosos
16 février 2000
According to the financial market Commission, Remy Cointreau, ex-reference shareholder of Seguin-Moreau, now holds 11.95 % of Diosos which has resulted from the Seguin-Moreau/Radoux merger. BCGM (Bernard Cordier) holds 7.06 % and BNP has 5.2 %. Moreover, Moody’s rating agency has raised its rating for Remy-Cointreau from B1 to Ba3, thus taking into account the group’s efforts to reduce its debt level.

Beer at Grand Marnier
16 février 2000
Marnier-Lapostole has just launched a beer containing 5 % of Grand Marnier.

Cognac goes to London
9 février 2000
J. Mouhot, president of the Cognac district community and C. Coates, director of communications at the BNIC are to participate in the launch of the English edition of "d’Univers Cognac" in London (at Piccadilly Circus) on 15th February, as part of the promotional week for Poitou-Charentes.

SICA-Cognac AGM
9 février 2000
SICA Cognac, which supplies eau-de-vie to Marnier Lapostole for its Grand Marnier, has held its AGM. Deliveries have not returned to 1980 levels but Grand Marnier has suffered less than cognac in Asia and is progressing in the US. Prices remain reasonable (4,000 for the bons bois).

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