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Honor for Christophe Navarre
29 mai 2008
Formerly in charge of Hennessy, and now at the head of LVMH, C. Navarre has been promoted to the rank of commander in the mérite agricole.

Russia, El Dorado for Pernod-Ricard
29 mai 2008
Russia has become the second largest contributor (behind China) to the results of the Pernod-Ricard group. Sales in the country have shot up by 51% in the first half year. Eastern European countries are also progressing strongly. In addition, Pernod-Ricard is counting on Absolut, whose takeover will be completed this summer, to boost sales even further in Russia.

A CD-Rom to explain cognac
28 mai 2008
The cognac industry body is to distribute 7,500 copies of an educational CD-Rom about cognac to people involved in winegrowing and tourism.

Invitation to cognac wives
28 mai 2008
The SGV winegrowers’ union for the defense of cognac is inviting all winegrowers and their wives to Cognac on 4 June for a special morning entirely devoted to them.

Luxury carafe of cognac
28 mai 2008
The carafe of one liter of Henri IV Cognac Dudognon Héritage Grande Champagne has been sold for 1,946,617 dollars. The crystal decanter is set with 4 kilos of 24 carat gold and platinum.

New rules at BNIC
27 mai 2008
The general assembly of the BNIC cognac professional trade organization (budget 11 million euros) has decided to set the presidential term of office at three years. QNV (the amount which can be turned into wine) has been set at 10.85 h/PA. It has authorized the setting up of climatic reserves which enable an amount of eau-de-vie to be stocked, if the winegrower has some left once his limit has been reached, limited at 5hl per hectare.

Liqueur exports doing well
27 mai 2008
83 French companies produce 84.3 million liters of liqueur each year, of which 51% is in exports worth 847 million euros. Liqueurs are now exported in the form of new spirits such at the C2 range from Merlet which is in the process of buying a distillery in Brazil. Grand Marnier is the 5th largest purchaser of cognac in the world. Royer, for its part, works mainly with Japan.

Average price per hectare of vines
27 mai 2008
The average price per hectare of vines varies from 734,000 euros in Champagne to 10,700 euros in Languedoc-Roussillon. It costs 87,000 euros in Burgundy, 64,400 euros in Bordeaux, 36,700 in the Rhône valley, 26,100 in the Loire valley and 23,700 in Cognac. In the region, the average price in Pomerol is 900,000 euros, 700,000 in Margaux, 130,000 in Pessac-Léognan and 60,000 in Sauterne. In 2007, there were 9,900 sales of vines in the French market with 14,900 hectares changing hands at a total cost of 620 million euros.

QNV debate
26 mai 2008
The BNIC cognac professional trade organization is due to set the QNV (the amount which can be turned into wine) on Monday 26 May in a plenary assembly. The previous figure of 10.62 hl of pure alcohol per hectare may rise to 10.85 hl/PA.

Bright future for cognac
23 mai 2008
After a marked slowdown at the start of the year, sales of cognac picked up in April (+11.4%) compared to April 2007. This reduces the fall to 0.7% over a year.

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