The drinks trade was kept busy this week, as royalty paid a visit, a globe-spanning flight was launched, and the Left Bank leapt to life with its Cabernet Sauvignon harvest.
As the travel retail industry readies itself for a week in the sun at TFWA Cannes, we round up some special drinks products set to debut at the show.
It’s not worth investing in more staff training to try to improve volume sales of wine in travel retail, a prominent duty free purchaser has said.
With exports of Cognac to the US rising in value by over 30% in just one year, producers are hailing the country as the saviour of the category following its far-eastern folly.
A woman was prevented from boarding a plane by airport security in Beijing because she was too drunk having downed an entire bottle of Cognac.
Karl Urban, who plays Leonard McCoy in the most recent Star Trek film franchise, spent nearly £7,000 on Champagne and spirits in Cardiff on Saturday.
While Cognac exports have risen rapidly in Europe and North America in the three months to the end of July, the unsteadiness of the Asian market remains.
ABK6 Cognac from Domaines Francis Abécassis, a single estate Cognac aimed at a “new generation” of Cognac drinkers, has joined McKinley Vintners’ UK portfolio.
Suntory has sold its Louis Royer Cognac brand to France’s Terroirs Distillers for €100 million (£74m).
Rémy Cointreau’s move into premium pricing has unnerved its Asian and American markets, contributing to a 9% sales decline in the three months to 31 June.
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