After China announced that, from Saturday, it will require major European brandy exporters to raise prices or risk ...

Hennessy is the largest cognac house in the world. Founded by Irish immigrant Richard Hennessy, the House of Hennessy commands approximately 40% of the world cognac market. Hennessy produces a full ...

Hennessy VSOP: Established in 1765, Hennessy is a renowned producer of Cognac, and their VSOP is a testament to their expertise. Aged for at least four years, this Cognac features a rich, full-bodied ...

The prices in the document refer to the price paid for cognac by importers in China, with distributors, wholesalers, retailers and consumers paying more to buy it. Reuters was not able to determine ...

The duties of as much as 34.9% will be imposed on European brandy shipments from July 5, according to a statement from ...

China spared major cognac producers Pernod Ricard, LVMH and Remy Cointreau from hefty duties on EU brandy on Friday, a rare ...

China will start charging up to 34.9% in duties on EU brandy from July 5, 2025, but most of France’s leading cognac makers ...

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France on Friday praised steps taken by China to settle a long-running trade dispute concerning European brandies but warned ...

Meanwhile, cognac brands such as Hennessy continued to raise prices. Taken by surprise, they were forced to reverse course, destabilizing the market. Champagne also lost some ground to prosecco.

Under the offer, VS cognac would have a minimum import price of 144.70 yuan ($20.16) per litre, while "Very Superior Old Pale" (VSOP), aged for at least four years, would be priced at 177.92 yuan.

PARIS/LONDON (Reuters) -Negotiators representing French cognac producers suggested minimum prices for exports to China of between $20 and around $300 per litre as an opening bid in talks aimed at ...