Category: News from the Brandy Houses
Another Cognac House Falls – Larsen Cognac sells to Remy Martin
Larsen, the Norwegian owned cognac House in Cognac has been bought by Remy Martin for an undisclosed sum. The firm was known for their Viking ship bottles and Norsemen ceramic decanters that were often seen in duty free shops atRead more
Menuet Cognacs sold to a Chinese Buyer
Many years ago Brandyclassics bought cognacs from Menuet Cognacs; they were great cognacs and the cellar contained some very special stock from 1947 and some superb 50 y.o. Unfortunately the company got into a lot of trouble and the firms owner soldRead more
Profits going up again for the big houses
Luxury goods giant LVMH reported a 1% rise in net profit this week as the company continues to show strong growth despite economic uncertainty in Europe. The groups net profit topped €3 billion, as sales jumped 16% last year, drivenRead more
Russians are selling Cognac Jenssen after 7 years
The Jenssen cognac brand was created in 2000 by a Norwegian investor who later sold it to the Russian wine and spirit group MMVZ in 2005. The firm has failed to show a profit and has been the subject ofRead more
