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Search resuls for: "cognac"


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The Super Bowl ads on Sunday are poised to promote an unusual mix of alcohol brands, gambling and Jesus. The Super Bowl still regularly draws an audience of around 100 million people, making it TV’s biggest event of the year and advertising’s biggest night. Planters’ Super Bowl ad features comedians mocking Mr. Peanut. The ads are likely to strike a lighter tone than the occasionally somber messages of Super Bowl ads in recent, highly politicized years or the early pandemic, said Anjali S. Bal, an associate professor of marketing at Babson College. Many Super Bowl advertisers have again released their ads well before Super Bowl Sunday to increase their chances of being seen.
Spirits like whiskey, cognac and tequila, a celebrity favorite, have surpassed beer's U.S. market share for the first time due to price hikes and high-end cocktail trends, according to the Distilled Spirits Council of the United States. U.S. sales for spirits totaled $37.58 billion last year, while beers like Anheuser-Busch inbev SA's (ABI.BR) Bud Lite tallied $37.46 billion, according to data compiled by the Distilled Spirits Council. Spirits' market share was 42.1%, while beer's was 41.9%, according to the data. Tequila and ready-to-drink canned cocktails including Constellation Brands Inc's (STZ.N) Fresca vodka spritz were among the fastest-growing types of spirits, the Distilled Spirits Council said. "The 'premiumization' trend, where people look at distilled spirits as an affordable luxury, is affirmed by these numbers," said Chris Swonger, CEO of the Distilled Spirits Council.
H&M highlights fast-fashion gloom as luxury takes hit in China
  + stars: | 2023-01-27 | by ( ) www.reuters.com   time to read: +4 min
Shares in H&M, the world's No. 2 fashion retailer, fell as much as 6% in early trade after quarterly operating profit sank to 821 million Swedish crowns ($79.7 million) from 6.26 billion a year earlier. Zara has outperformed rivals after selling higher-priced garments and enticing shoppers who might have otherwise spent money at luxury stores. Disappointment over the impact of the China disruptions on its margins caused a record-breaking run in LVMH shares to briefly halt on Friday. The luxury industry is nevertheless expected to be one of the biggest winners from the loosening of restrictions that kept shoppers out of stores in China for months.
Jan 27 (Reuters) - French spirits maker Remy Cointreau (RCOP.PA) posted a smaller-than-expected drop in third-quarter sales on Friday, as steep shipments to China ahead of the Lunar New Year partly offset lower cognac consumption in the United States. The maker of Remy Martin cognac and Cointreau liquor confirmed its full-year outlook for strong organic sales growth, albeit with further normalisation of consumption trends in the fourth quarter after two "outstanding years". Remy Cointreau reported a revenue of 437.6 million euros ($475.6 million) for the three months through December, an organic drop of 6% from a year earlier but slightly ahead of analysts' 433.3 million euro forecast. Sales at its Remy Martin cognac division fell 11% in the quarter, dragged by a U.S. slowdown even as the group's Chinese market continued to bounce back. "Despite disruptions triggered by unprecedented levels of Covid, the group successfully generated robust sales growth ahead of the Chinese New Year and in anticipation of a full recovery in business," it said.
The latter, he said, “broke through” during the Super Bowl, but “needs time and commitment” to grow. In recent years, customers have been increasingly choosing premium or Mexican lagers, putting Bud Light out of favor with some beer drinkers. Garbe said the beer is the company’s “number 1 growth engine” and is soon set to overtake Bud Light in sales. Fox, which will broadcast Super Bowl LVII, is reportedly charging $7 million for a 30-second spot during the February 12 game in Glendale, Arizona. Liquor giant Diageo (DEO) is making its Super Bowl debut this year with an ad for Crown Royal whisky.
The 11 Best Flannel Shirts for Men, According to Style Experts
  + stars: | 2022-11-27 | by ( ) www.wsj.com   time to read: +5 min
By Rachel MoselyWhether your current climate is mild wintry bliss or more like cold-weather chaos, the flannel shirt can be a wardrobe hero this season. To find out, we asked fashion pros for their flannel favorites, from bold plaid and buffalo-check versions to subtler monochromatic pieces. Formal(ish) pickFor an elevated spin on flannel, consider this wool-cashmere option from Ralph Lauren, suggests New York City-based stylist Andrew Franco. Patchwork printA mix of multihued, cotton flannel panels gives this shirt an eye-catching effect. Pair the flannel with chinos, corduroys, denim or even sweatpants to “go all in on the skater look,” Tsui adds.
PARIS, Nov 24 (Reuters) - Shares in Remy Cointreau (RCOP.PA) fell as much as 4% on Thursday after the French spirits maker said it was "cautiously optimistic" about the Chinese market where COVID-19 continues to trigger lockdowns. CEO Eric Vallat said he was "cautiously optimistic" about business prospects in China ahead of the Chinese New Year as on-again, off-again lockdowns clouded the outlook. "In China, we are making sure we are flexible, so far we have adapted successfully to the situation," he said. Remy Cointreau shares were down 1.4% at 1058 GMT having fallen as much as 4%. The company has seen two years of exceptional growth as the pandemic accelerated a shift towards premium drinks, cocktails and e-commerce as people drank more expensive drinks at home.
PARIS, Nov 24 (Reuters) - France's Remy Cointreau (RCOP.PA) reported a stronger-than-expected 27% jump in first-half operating profit and kept its guidance for a slower second half, saying consumption trends were returning to more normal levels. Chief Executive Eric Vallat also said he was "cautiously optimistic" about business in China, a key market, in the short-term although visibility was low due to on-and-off lockdowns. Remy Cointreau shares fell 2.9% in morning trade. Vallat added he was confident in China in the longer-term due to strong appetite there for its premium cognacs. Operating profit at its cognac division, which accounts for nearly 90% of group profit, surged 36% to 299.7 million euros in the first half.
PARIS, Nov 24 (Reuters) - Remy Cointreau (RCOP.PA) reported a stronger-than-expected 27.2% organic jump in first-half operating profit, driven by strong demand for its premium cognac in China and the United States and cost controls. As Remy Cointreau continues to invest in marketing and communications particularly in the second half of the year, current operating profit margin will be driven by gross margin resilience despite an inflationary environment and tight control of cost overheads, the statement said. Group current operating profit for the six months to Sept. 30 reached 319.3 million euros ($333.1 million), marking an organic rise of 27.2%. That outperformed a company-compiled consensus of 22 analysts that forecast current operating profit of 306 million euros, up 23.8% like-for-like. Operating profit at the Remy Martin cognac division, which makes nearly 90% of group profit, totalled 299.7 million euros in the first half, marking an organic rise of 35.7%.
This week, Samuel Adams maker Boston Beer debuted Loma Vista Tequila Soda, a ready-to-drink tequila cocktail in both lime and mango flavors. Last year was the 12th consecutive year spirits have taken away market share from beer in the total U.S. alcoholic beverage market, according to a report earlier this year from the Distilled Spirits Council, a national trade organization. The beer category, which includes hard seltzer, accounted for 42% of the U.S. beverage alcohol market in 2021, while spirits accounted for 41%, according to DISCUS. At this trajectory, spirits are pegged to overtake beer in market share in the next few years, even though beer sales have grown. The downward trend of beer market share has also been reflected on the online ordering and alcohol delivery platform Drizly.
A view shows a Baccarat crystal perfume bottle made for Maison Psyche fragrance, a luxury perfume by French spirits group Remy Cointreau in this picture released by Remy Cointreau on October 21, 2022. Alice Fenwick - Remy Cointreau/Handout via REUTERSPARIS, Oct 21 (Reuters) - Known for its prized Louis XIII cognac, Remy Cointreau (RCOP.PA) is entering the luxury fragrance market with the launch of Maison Psyche, an upscale perfume house that will sell scents starting at 5,500 euros a bottle. The French spirits group will draw on its experience in blending and ageing spirits, as well as marketing to high end clientele, as it seeks to tap into affluent consumers' thirst for exclusivity. The new business could be “potentially strategic,” Remy Cointreau chief executive Eric Vallat told Reuters. Remy Cointreau's Maison Psyche was born from the collaboration of Baptiste Loiseau, Cellar Master of Remy Martin and Sophie Labbe, Principal Perfumer of Switzerland's fragrance group Firmenich.
REUTERS/Denis Balibouse/File PhotoPARIS, Oct 20 (Reuters) - French spirits maker Pernod Ricard (PERP.PA) said on Thursday it was confident sales growth would remain dynamic through its 2023 fiscal year after it delivered a forecast-beating 11% sales growth in the first quarter helped by price increases in the United States, its top market. Pernod, the world's second-biggest spirits group behind Diageo (DGE.L), said the strong start to the year also reflected strong demand in China and in India and a continued rebound in global travel retail. "I am hugely encouraged by our start to the year," Chairman and CEO Alexandre Ricard said in a statement. In China alone, sales rose 9% in the first quarter thanks strong mid-Autumn festival sales. The Martell cognac brand recorded double-digit sales growth during the quarter in China despite COVID restrictions.
REUTERS/Edgar Su/File PhotoSept 22 (Reuters) - Venezuelan police have arrested a fugitive Malaysian businessman nicknamed 'Fat Leonard' who is at the centre of a major U.S. Navy bribery scandal, as he prepared to leave the country for Russia, Venezuelan Interpol said. Francis pleaded guilty to bribery in January 2015 and agreed to forfeit $35 million in ill-gotten gains. According to that plea agreement, Francis paid about $500,000 in bribes to Navy officials. He arrived in Venezuela from Mexico, with a stopover in Cuba, and was planning to continue to Russia, the Interpol statement said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Joan Faus, editing by Aislinn Laing and Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.
"Bottle girl" is slang for girls who work in clubs and do bottle service specifically, but both terms describe what I do. I got the job two weeks after I turned 21, so I hadn't even officially been to a club yet. All the clubs in Las Vegas, mine included, are usually open one weekday and then on the weekends. Our job is to guide them through the night, although we're supposed to sell to them and encourage them to buy. But I know some girls who are uncomfortable about handshakes and high fives because in a nightclub we just don't really know where people's hands have been.
Se dreg cu tărie sau bere și mănâncă murături ori chiar îngheţată. - O bere şi un pachet de ţigări. - Noi ne-am gândit că ne-am dres. "Bem câte o bere. Băuturile tari slăbesc imunitatea și duc la un comportament iresponsabil, iar acest lucru poate crește riscul îmbolnăvirii de COVID-19.
Persons: cognac ., Bem Organizations: Națională Locations: cognac, Moldova
Total: 15