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China luxury sales rebound as millennials snap up cosmetics, handbags: report

2018-01-17 reuters
Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, rose at the fastest pace in over half a decade last year and are poised to consolidate the gains in 2018, according to consultancy Bain & Co.

Auto, oil shares help European stocks rally pick up pace

2018-01-04 thehindubusinessline
A rally in European stocks picked up pace on Thursday, following the lead of Asian shares which hit a ten-year peak overnight, as better-than-expected US car sales data and rising oil prices drove auto and energy stocks higher.

Autos, oil shares help European stocks rally pick up pace

2018-01-04 reuters
LONDON (Reuters) - A rally in European stocks picked up pace on Thursday, following the lead of Asian shares which hit a ten-year peak overnight, as better-than-expected U.S. car sales data and rising oil prices drove auto and energy stocks higher.

China’s most awarded wine is now here

2018-01-03 bworldonline
The 17th edition of the Grand Wine Experience, subtitled “Degustation,” took place at the Marriott Hotel Grand Ballroom on Nov. 24. Once more the country’s biggest wine aficionados flooded Resorts World Manila Newport City to be part of the country’s largest wine event of its kind. This year — as in the last two to three years — I noticed the increased presence of spirits, notably whiskies and gins.

For peat’s sake, craft whiskey carving out a niche in Pacific Northwest

2017-12-05 japantimes.co.jp
SEATTLE – Matt Hofmann walks along a small brown pond, the earth of its bank springing underfoot like a muddy mattress.

China’s Appetite for Cartier, Cognac Eludes Top French Carmaker - Bloomberg

2017-11-08 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (6-0)

LVMH aims to build cognac stocks, starting with more vineyards

2017-10-18 reuters
COGNAC, France (Reuters) - Luxury goods maker LVMH (LVMH.PA) hopes to be well on its way to remedying its cognac shortage two years from now, billionaire boss Bernard Arnault said on Wednesday, as its Hennessy label struggles to keep up with demand in the United States.

UPDATE 2-Strong demand from China, U.S. boost Remy Cointreau sales

2017-10-17 reuters
PARIS (Reuters) - Remy Cointreau (RCOP.PA) on Tuesday said demand in the United States and China for its luxury cognacs helped to boost second-quarter sales, but the drinks group kept market expectations in check for the rest of the year. (3-0)

Analysis: China a sweet spot for U.S. companies’ earnings in second quarter

2017-08-14 in.reuters
SHANGHAI (Reuters) - Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year.

China a sweet spot for U.S. companies’ earnings in second quarter

2017-08-14 in.reuters
SHANGHAI (Reuters) - Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year.

China a sweet spot for U.S. companies’ earnings in second quarter | Reuters

2017-08-14 reuters
SHANGHAI (Reuters) - Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year.

Remy Cointreau’s quarterly sales beat forecasts

2017-07-22 thestar.com.my
PARIS: French spirits group Remy Cointreau delivered stronger-than-expected first quarter sales as Chinese customers regained a taste for its premium cognac.

A Sparkling Opportunity? Investments In Champagne And Beyond With Laurent-Perrier

2017-05-01 seekingalpha
Laurent-Perrier is one of the few independent winemakers from Champagne that is publicly listed on a stock exchange, together with three of its larger rivals: LVMH, Lanson-BCC and Vranken-Pommery.

Could Diageo Finally Buy LVMH's Stake In Moet Hennessy Drinks Business?

2017-04-25 seekingalpha
Rumors of DEO looking to buy the remaining stake in Moet Hennessy from LVMHF have circled for years.

Pernod Ricard’s Lime Vodka and Irish Whiskey is Taking Over America - Bloomberg

2017-04-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.