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UK Referendum Result – Brexit

The United Kingdom’sUK Referendum Result decision to ‘brexit’ the European Union will cause some difficulties in the industry with prices, especially at the lower end of the market where margins are narrow. Certainly though, for the time being we will not be increasing prices until the need to do so becomes critical. Hermitage Cognacs are already highly competitive and offer huge advantages on a like for like basis, particularly in terms of price and quality.