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Allied-Domecq sells its pubs
26 mai 1999
Allied-Domecq (which controls Courvoisier) is selling its pubs to the Whitbread group and may resume its negotiations with Seagram (Martell cognac) in the spirits sector. In another move Seagram is finalizing the sale of Mumm and Perrier-Jouet champagnes to Frey and to a US group.

Hennessy disposes of Pellisson
18 mai 1999
Hennessy is to dispose of the Pellisson company (70 employees) which has not been producing cognacs but only brandies since it joined the Hennessy group some twenty years ago. The new owner, with the backing of financiers, is Patrice Quatravaux, the former deputy manager of Courvoisier who had joined the Hennessy group in 1995 by taking charge of Hine cognac. The unions say that they are worried about jobs.

Award for L&L at Eurobière
18 mai 1999
he XO Beer from the L&L company has been awarded the gold medal at the tasting competition in the category of "aromatic or fruit flavored beers" at the Eurobière 99 trade fair in Strasbourg.

BNIC : time to make savings
18 mai 1999
The BNIC budget for 2000 should be about 64 million francs instead of 68 million in 1998 and 66 million in 1999. The president B. Guionnet has dismissed the idea of redundancies and cutbacks.

Seagram invests in tequila
18 mai 1999
The Seagram group (Cognac Martell), which has been more interested in the cinema than in spirits of late, has just signed an agreement for the distribution of "Don Julio" tequila in Mexico, the United States and other international markets.

Cognac in Norway
18 mai 1999
Four small cognac producers traveled to Oslo in April to draw attention to their cognac : B. Boutinet (Fins Bois), JM Verger (Petite and Grande Champagne), F Voyer (Grande Champagne) and L. Bourron (Petite Champagne, Borderies and Fin Bois).

Hennessy : walk-out
12 mai 1999
A walk-out was organized on Thursday 6 May at Hennessy in Cognac to coincide with a press conference in Paris during which the unions deplored the absence of a "social pact" within the group. 200 people took part in the protest.

Bisquit : redundancy program
12 mai 1999
The redundancy program to be implemented at Bisquit, which includes the closure of the sales department and 30 redundancies, will be settled on 25 May.

Rémy-Cointreau : turnover stable
5 mai 1999
Turnover in the Rémy-Cointreau group (Rémy-Martin and Seguin-Moreau) rose by 0.3 % in fiscal 1998-99 to 7.59 billion francs. According to the group, results from operations for the fiscal period should be over 170 million francs. In another move, Rémy-Martin is to reveal its Louis XIII bottle, specially designed for the year 2000 (2000 bottles, 2000 francs each), at the next Vinexpo trade fair in Bordeaux.

Cognac sales : Hennessy in the lead
5 mai 1999
In 1998, Hennessy sold 36 million bottles (more than 100,000 hectoliters of pure alcohol), one third of total sales, ahead of Martell with 15.3 million bottles (43,000 hl/pure alcohol). In 1995 Martell sold 24 million bottles. Rémy Martin is in 3rd place with 14.3 million bottles sold in 1998 (40,000 hl/pure alcohol) followed by Courvoisier with 13.2 million bottles (37,000 hl). Finally in 1998 Camus lost its 5th position to a cognac user : Marnier-Lapostolle which used 15,000 hectoliters of pure alcohol to prepare 5.3 million bottles of Grand Marnier. The use of cognac in the preparation of other drinks reached a record figure of 65,000 hectoliters of pure alcohol in 1998, 17 % of sales.

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