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LVMH : withdrawal from Diageo
6 janvier 1999
While continuing to deny rumors concerning the sale of his 11 % stake, "Due to work commitments" B. Arnault has resigned from the board of Diageo which controls part of the capital of Hennessy.

Marie-Brizard continues to refocus
6 janvier 1999
A few weeks after selling its 28% stake in Domaines de Virginie, the Marie-Brizard group (Gautier cognac at Aigre and Distilleries Charentaises at St Savinien) has just sold the Cidou brand to the German group Karlsberg.

LVMH cleans its teeth
6 janvier 1999
LVMH, which last week-end gave up its attempt to buy the haute couture and cosmetics branch of Sanofi, has acquired Brosse et Dupont in Lyon (tooth brushes, hair brushes and toilet bags with a turnover of 1.16 billion) through its new investment fund Lafalchäre.

Cognac : small producers make a comeback
30 décembre 1998
Buoyed by the popularity of high-quality regional products, small cognac houses are overcoming the crisis through quality and originality. Some are even coming together in joint initiatives or charters of quality such as Fillioux Giraud, Gourmel, ChÉteau Montifaud and Chenier which have lodged a quality charter at the Bnic.

ORECO : 8 % increase in stocks
30 décembre 1998
Stocks at Oreco (a cognac stocking house) have risen by 8 % to 329,103 hectoliters of pure alcohol. The number of clients has remained stable at 3093. Turnover last year reached 41.5 million francs for profits of 1.79 million.

Marie-Brizard continues to refocus
30 décembre 1998
A few weeks after selling its 28 % stake in Domaines de Virginie, the Marie-Brizard group (Gautier cognac at Aigre and Distilleries Charentaises at St Savinien) has just sold the Cidou brand to the German group Karlsberg.

LVMH cleans its teeth
30 décembre 1998
LVMH, which last week-end gave up its attempt to buy the haute couture and cosmetics branch of Sanofi, has acquired Brosse et Dupont in Lyon (tooth brushes, hair brushes and toilet bags with a turnover of 1.16 billion) through its new investment fund La Falchäre.

A joint "topette"
30 décembre 1998
A rare event in a profession full of individuals : two wine growers, P. Drouet of Salles d’Angles and Cl. Thorin of Mainxe are producing and marketing an original bottle with the same inscription : a "topette" (flask) for the year 2000.

A wine and vine bureau in Segonzac
30 décembre 1998
The International wine and vine bureau is to open in Segonzac (with 5 employees) at the end of next year as part of the University of spirits and will organize numerous international symposia on the theme of the evolution of ways to consume spirits.

Remy-Cointreau : return to the black expected
22 décembre 1998
The Remy-Cointreau group has reported improved half-year accounts thanks to a 3.5 % increase in turnover to 3.5 billion, and this despite a 9.3 % drop in the cognac sector to 840 million francs. The group has shown profits in this period and expects to return to the black in the year as a whole. Investors have welcomed this turnaround. The share price rose by 7.6 % the next day on the Stock Exchange.

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