LE GARAGE BAR ET L'UNIVERSITE DES EAUX-DE-VIE S'UNISSENT POUR LE COCKTAIL CLASSIC A COGNAC

Association Elixir University Eaux-de-Vie Logo

Le Garage Bar Logo

Comandon Logo

Soirée Cognac en Cocktails X avec le nouveau Cognac Comandon X Le Garage Bar.

Quand? jeudi 25 octobre 2018
Ou? Le Garage Bar: 3 rue de l'isle d'or, 16100 Cognac, France
Organise par l'Association Elixir de l'Université des Eaux-de-Vie et Spiritueux à Segonzac et Le Garage Bar à Cognac.

A partir de 19h

4 Cocktails à base d'un Cognac inédit, le Comandon X Le Garage, fabriqué en lot unique et avec une passion artisanale.

COMANDON X LE GARAGE COGNAC, CRAFT, SMALL BATCH, LOT UNIQUE, EDITION LIMITEE, LIMITED EDITION, SANS FILTRATION A FROID, UN-CHILLED FILTRED

7 € l'unité // 12 € les deux

Restauration sur place selon la carte du Chef.

Les fonds récoltés lors de la soirée seront reversés au profit de l'Association ELIXIR pour le financement du voyage de fin d'étude du Master 2 Droit Gestion Commerce des Spiritueux de Segonzac.

FORECASTS AND ANALYSIS OF REMY MARTIN SALES

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Remy Cointreau logo

Source: Jefferies International Limited

Edward Mundy

September 27, 2018

We expect a continued strong performance in the Cognac division (c.80% profits) and expect 2QE group org sales +9.0% (vs 1Q 5.9%). We like Remy's category exposure and see upside as the CEO rolls out her vision for the co as a super-premium business. While we like Remy, trading at 29.9x cal 2019 PE, shares need upgrades to perform. We remain at HOLD.

What's new? Remy reports 1H sales on 17 October. We expect 1H org sales +7.6% with 2Q +9.0% vs 1Q 5.9%. The drivers of the acceleration in 2Q, we believe, are continued robust cognac demand (we model 2Q cognac org sales +12% vs 1Q +11.1%) with benefit of easier comps, as well as some positive impact from technical effects in Partner Brands. For full details of our expectations, refer to detail within this report.

Cognac (67% sales / 81% profits) - likely to remain robust. We model 1H cognac org growth +11.6% with 2Q +12% vs 1Q +11.1%. Within this, we expect US and Europe to be a bit stronger vs 1Q. Whilst Asia depletions (sell-out) momentum is likely to be unchanged vs 1Q (vols solid DD, sales strong DD), we believe shipments (sell-in) will be more normalised. In 1Q, China cognac shipments ran modestly ahead of depletions with some inventory replenishment after the strong CNY; we expect shipments to match depletions in 2Q.

COGNAC SALES IN THE USA ARE BOOMING THEY SAY

Cognac Economy is Up

Source: ShankenDailyNews

Cognac is enjoying a renaissance. Last year global volumes increased by a robust 5.5% to 15.4 million cases, with the U.S. at the forefront, accounting for nearly 40% of total consumption. After crossing the 6-million-case mark on 9.7% growth in 2017, Cognac has now expanded its U.S. volume by nearly 2 million cases in just the past three years. With demand skyrocketing—particularly for the VS segment—keeping adequate supply in the pipeline is now the major concern.

Hennessy continues to drive the market in the U.S., averaging an annual increase of 12.9% over the past five years. In 2017, the brand increased 7.4% to just under 4 million cases, and might have risen higher if not for its supply constraints.

Still, Hennessy is now nearly twice as large as it was in 2012, when it depleted 2.16 million cases. “Hennessy has plans for growth across all our qualities in the coming years; however, we do need to continue to manage our growth and supply carefully,” says Giles Woodyer, senior vice president for Hennessy at Moët Hennessy USA. “We’re continuously improving and building our supply development efforts including expanded relationships with growers, new plantations, and strategic investments such as our recent considerable investment in our packaging and logistics site, Pont Neuf, which opened last year.”

This new 280,000-square-foot Pont Neuf facility will allow Hennessy to produce around 10 million cases annually by 2020, up from 7 million cases currently.

Read more at ShankenDailyNews

2018 LA PART DES ANGES - COGNAC AUCTION

When
20 Sept.2018

Where
Hôtel Chais Monnet
50 avenue Paul Firino Martell
16100 Cognac

La Part des Anges, a biennial charity gala dinner, the initiative of the Cognac Interpro- fession (BNIC). At this dinner, collectors from around the world can bid for any number of very special Cognacs. 22 superb carafes and blends, generously donated by the cognac producers themselves, will be put up for auction with the proceeds going to charity. 15 of these cognacs also include a VIP experience for two in the heart of Cognac region, where visitors will explore the world of Cognac in all its facets: its terroir, its people, its crafts and its flavors. An amazing invitation to experience and share a world of emotion.

Since its creation in 2006, La Part des Anges auction of very spe- cial Cognacs has raised funds for 15 charities in the employment, education, heritage and social fields. French Chef, Thierry Marx, has kindly agreed to be the patron of the 2018 edition of La Part des Anges.

COGNAC BRANDS AUCTIONED AT THE 2018 EDITION
Bache-Gabrielsen	Hine
Château Montifaud	Jas Hennessy & Co
Cognac de Luze – Maison Boinaud	La Maison Larsen
Cognac François Voyer	Louis Royer
Cognac Frapin	Maison Bisquit, Dubouché et cie
Cognac Meukow	Maison Ferrand
Courvoisier	Martell
Delamain & Co	Merlet
Domaine Francis Abécassis	Normandin-Mercier
E. Rémy Martin & Co	Tiffon
Hardy	Union Générale des Viticulteurs Cognac

The 11th edition of La Part des Anges auction will be held in an exceptional venue: the hotel Les Chais Monnet. In this timeless luxury establishment in the heart of the Cognac region, visitors will enjoy a unique and unforgettable experience.

Sponsored by Artcurial & BNIC
Source: Artcurial.com

COGNAC PRODUCTION WILL BE GOOD THIS SEPTEMBER 2018

Big Data Logo

Even with a dry summer the production of grapes in Cognac are looking goodaccording to the BNIC by 31st August 2018.
"Quasiment pas de pluie lors de la semaine passée. Dans l’ensemble le vignoble supporte bien cette sécheresse, toutefois certaines parcelles montrent des symptômes déjà marqués : jaunissement du feuillage, baies petites et molles. Les températures encore élevées en milieu de semaine provoquent de nouveaux dégâts d’échaudage. Elles se rafraîchissent nettement en fin de semaine."

Source: http://www.cognac.fr/cognac/_fr/4_pro/index.aspx?page=actualite&id=7501&src=flash

Hence, the Government and Cognac Society (BNIC) have agreed for a rather high rate of harvest per hectar of vineyard for the production of cognac, i.e., 14,64 hl AP /ha.
This decision follows a rather large demand for cognac in 2018 with + 8,2% in volume and 5,4% in value on 31st juillet 2018.
"Confirmant un besoin total de 914 700 hl AP, la filière Cognac a validé, au sein de la Section ODG du BNIC, un rendement annuel Cognac 2018 à hauteur de 14,64 hl AP /ha. Ce chiffre, issu du Business Plan Cognac a été entériné ce jour dans le cadre du Comité Régional INAO. Cette décision collective et unanime répond à la forte demande des marchés et à la croissance des expéditions ... et ... tient compte de la capacité du vignoble affecté par les aléas climatiques et des dernières estimations de récolte de la Station Viticole du BNIC."

Source: http://www.cognac.fr/cognac/_fr/4_pro/index.aspx?page=actualite&id=7505&src=flash

REMY COINTREAU MAKES PROFITS FROM SALES OF COGNAC IN CHINA

Remy Cointreau's profits boosted by China's thirst for cognac

Source:

https://www.rte.ie/

7 Jun 2018

Remy Cointreau has reported higher-than-expected annual profits, helped by strong demand for its premium cognacs in China, and predicted more earnings growth this year.

The maker of Remy Martin cognac and Cointreau liqueur said its strategy of selling higher-priced spirits to boost profit margins was delivering strong results.

Remy has been focusing on selling spirits priced at $50 a bottle or more, as part of a strategy that has benefited from a rebound in Chinese demand.

Remy's strategy has differed from that of rival Pernod Ricard, which has launched less expensive brands in China.

The private consumption of drinks and spirits has been recovering in China, offsetting the impact from the country's anti-corruption crackdown over the past few years which had hit sales of premium brand drinks.

Remy Martin cognac, which makes 86% of group profits, achieved a margin of 26.9% of sales, representing an organic increase of 1.3 percentage points.

Remy Cointreau's stock market valuation is closer to that of many luxury good stocks, rather than food and drinks stocks.