Cognac

With age statements and innovation grabbing attention worldwide, Cognac sales are booming. But can it keep up with global demand? Gavin D Smith reports 

Distell reports 15% revenue growth and 9% sales increase

Distell, South Africa’s leading wine and spirits producer, has reported a 15% growth in revenue for the year to June 2012 and a 9.9% increase in sales volumes across its portfolio of wines, spirits and RTDs in both domestic and international markets.

Diageo announces net sales growth of 6%

Diageo has announced a 6% net sales growth and 9% increase in operating profit for the year ended June 30, 2012.

Accolade to launch Hardys in the Ukraine

Accolade Wines has announced that it is to launch its leading Australian wine brand, Hardys into Ukraine.

Campari H1 boosted by N America and Asia

Gruppo Campari has announced sales growth of 5% for H1 of 2012, with strong performances in North America and Asia Pacific offsetting difficulties in Germany, Italy and South America.

Beam reports H1 sales growth of 8%

Beam has reported half-year net sales increases of 8% on a comparable basis, thanks in part to the succes of product innovation. 

Scotch infrastructure

Asian demand for whisky has boosted investment in Scotland, says Lucy Britner

Inver House reports strong results, releases new Balblair vintages

Inver House Distillers, the Scotland-based spirits arm of International Beverage Holdings has reported a 28% increase in turnover for the year ending December 2011.

Campari announces group pre-tax profit of €52.8 million

Gruppo Campari has announced group pre-tax profit of €52.8 million for the quarter ending March 31, 2012. 

Bacardi GTR appoints new MD

Bacardi Global Travel Retail has appointed Mike Birch to the role of managing director.

Campari reports steady 2011

Italian drinks company Davide Campari-Milano has reported a group net profit for 2011 of €159.2m, up from €156.2m in 2010.

Licor 43 hits the 500,000 cases mark

The Diego Zamora group has reported that its Licor 43 brand finished 2011 with sales of 500 000 cases worldwide, 4.2 million liters, which represents an increase of more than 25% over 2010.

Altia post 7.6% net sales growth

Altia, the wine and spirits group that focuses on the Nordic countries, has announced a 7.6% net sales increase to €524.8 million for the year January to December 2011.

Pernod CEO rues Havana Club stagnation

Pernod Ricard’s CEO Piere Pringuet has spoken out about Havana Club’s flat half-year sales growth, branding its performance “disappointing”.

Pernod posts 11% sales and 20% net profit increases

Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.

Diageo posts 7% organic sales growth

Diageo has delivered 3% volume growth and 7% organic net sales increase for the six months ended December 31, 2011.

Heineken USA appoints western sales chief

Heineken USA has appointed Brian Fried as regional vice president sales, western region, effective immediately.

Beam reports strong 2011 fourth quarter and full year results

Beam Inc, the US-based global spirits company, has reported full-year net sales increases of 8%.

Asian cognac clamour drives sales of €2bn

Annual sales of cognac are worth €2 billion thanks to a surge in XO and VSOP sales in the Far East, says the Cognac Bureau (BNIC).

Beam makes senior appoint

Beam, the US-based global premium spirits company, has announced that Arthur Aroney will join the organisation as managing director of Emerging Markets for its Asia Pacific/South America (APSA) region.

Mast-Jägermeister appoints new manager

Jägermeister parent company Mast-Jägermeister has appointed Denis Schrey to its management team.

Codorníu makes new appointments

UK: Grupo Codorníu has made four appointments. Carolyn d’Aguilar and Susannah Bearne move internally to roles in the marketing department while Jake Crimmin and Tom Barton join the UK sales team.

Chinese travellers boost sales of liquor for Dubai Duty Free

The world’s single largest travel retailer, Dubai Duty Free, has said a rise in the number of Chinese passengers is one of the main factors behind a strong 17% increase in liquor sales over the first nine months of 2011.

Brown-Forman posts 12% half-year growth

Brown-Forman has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand. 

Russian Standard appoints Palatella in the US

Russian Standard Vodka, which claims to be Russia’s number one premium vodka, has announced the appointment of John Palatella as executive vice president of sales & distribution for the US.

Drambuie announces annual results

Drambuie has reported operating profits of £2.81m – up 2% on last year.

Absolut reports 6% growth

Absolut Vodka, part of the Pernod Ricard group, has revealed that its annual sales value and volume grew by 6% during the period July 1 2010 to June 30 2011. 

Constellation officially becomes Accolade

Costellation Wines Australia and Europe has officially become Accolade Wines - as of June 27. Accolade brands include Hardy’s and Echo Falls.

Morrison Bowmore makes five appointments

Morrison Bowmore Distillers has made five new appointments within its sales and marketing team.

Patrón enlists former Diageo VP

Patrón Spirits has appointed Phil Gervasi, a former VP at Diageo, as executive vice president of sales for North America.

Ian Macleod appoints business development manager

Ian Macleod Distillers has appointed Danielle Murphy as business development manager at its Scotland-based sales team.

Amorim registers double-digit volume growth

Cork producer Amorim recorded double-digit volume growth in 2010.

Nemiroff celebrates strong sales

Nemiroff has reported strong growth in 2010. The Ukrainian vodka brand said sales volumes rose to $473.6 million – $56.8 million (13.6%) up on the previous year. The company said the largest growth areas were Ukraine and Poland.

Pernod reports sales increase

Pernod Ricard has reported a sales increase of 13% to €4.28 billion in its half year results.

Diageo’s sales grow despite Europe faltering

Diageo has reported an 4% increase in organic net sales growth for H2 of 2010, despite a drop of 3% in Europe.

Ara appoints sales and marketing GM

Ara, the Malborough-based New Zealand winery, has appointed Matthew Adams to the role of sales and marketing general manager.

Diageo appoints senior execs

Diageo Gobal Travel Middle East (GTME) has announced three ‘key strategic leadership’ appointments to its senior executive management team.

Budvar bucks Czech beer decline

Czech beer Budvar bucked a 12% decline in Czech beer exports in 2010 to record growth of 4%.

Jameson hits 3 million cases

Jameson has reached three million nine litre case sales (MAT ending October 31). According to the brand, growth in the US, Jameson’s largest export market, contributed to its milestone success, with one million cases sold.

SABMiller reveals lager growth in Africa and Asia

SABMiller has recorded double-digit lager sales growth in its African and Asian markets

Moscow: Vodka sales banned between 10pm-10am

Russia: Moscow is to ban sales of vodka between 10pm and 10am, according to reports.

Italy: Guerrieri Rizzardi appoints new marketing boss

Italian wine producer Guerrieri Rizzardi has announced the re-appointment of Rupert Dean, as international sales & marketing manager.

Havana Club rum sales down

Cuba: Havana Club rum sales fell by 3.5% in 2009, compared to 2008.