Investor Alert



7:37 a.m. April 1, 2021 - By Abby Schultz
Sotheby’s Wine and Spirits Sales Drop 22% Amid PandemicThe auction house also launched its own indices that show wine markets largely accelerating in strength since 2005
2:52 a.m. March 5, 2021 - By Jack Denton
U.S. suspends tariffs on these U.K. goods and eases Airbus–Boeing trade tensionsThe U.S. will temporarily suspend retaliatory tariffs on goods imported from the U.K., in a major easing of trade tensions from a long-running dispute over subsidies to aircraft manufacturers Boeing and Airbus.
12:07 p.m. March 4, 2021 - By Abby Schultz
Sotheby’s Offers 150th Anniversary Hennessy X.O. in Frank Gehry DecanterThe sale of “bottle No. 1” for an estimated high price of US$30,000 will benefit the Asian American Business Development Center
11:43 a.m. March 4, 2021 - Barrons.com
U.S. Suspends Tariffs on U.K. Goods, Easing Airbus-Boeing Trade Tensions Tariffs on goods including Scotch whisky will be suspended for four months.
6:43 a.m. Feb. 25, 2021 - By Fang Block
Jay-Z Auctioning Rare Bottle of D’Ussé Cognac for CharityThe special gift for the artist’s 50th birthday is expected to raise up to $75,000
10:38 p.m. Jan. 21, 2021 - MarketWatch
Remy Cointreau confirms guidance as sales soarRemy Cointreau's revenue rose sharply for its third quarter, bringing the result for the nine-month period up to almost flat as cognac sales increased in key markets, the French drinks group said Friday.
12:02 p.m. Jan. 11, 2021 - By Fang Block
Buffalo Trace’s New Bourbon Is Rich in Color and HistoryOnly 240 bottles are available on the market, priced at $4,600 each
11:44 a.m. Jan. 11, 2021 - MarketWatch.com
Boot-maker Dr. Martens kick-starts plan for $4 billion IPOKnown as ‘Docs’ in the U.S., the iconic boot and shoe brand, had revenues of £672 million ($907 million) last year.
1:07 p.m. Dec. 31, 2020 - By Fang Block
U.S. Tariffs on Additional E.U. Spirits Another Blow to the Hospitality Industry, Trade Group SaysNon-sparkling wines, cognac and other products will now be subject to a 25% levy
11:05 a.m. Dec. 31, 2020 - Barrons.com
New U.S. Tariffs in Boeing-Airbus Dispute Target Wine and Cognac. These Stocks Fell. The Office of the U.S. Trade Representative announced on Wednesday that new tariffs on French and German goods will take effect on Jan. 12.
6:44 a.m. Dec. 31, 2020 - By Steve Goldstein
Top fund manager of 2020 warns more than half the S&P 500 is at risk from technological upheavalTechnological innovation puts at risk whole swaths of industries — energy, industrials, consumer discretionary, communications services, health care, and financial services, says a leading fund manager.
4:26 a.m. Dec. 26, 2020 - By Geoff Nudelman
Rapid Digital Growth and High-End Demand Fuel a 2021 Recovery For Luxury Spirits BrandsDespite the toll of the pandemic, thirst for ultra-premium marques has remained strong amid loosened sales restrictions
3:04 a.m. Dec. 24, 2020 - By Charles Passy
Looking for a last-minute gift? Here are 12 bottles to considerA $2,000 'Baccarat' bourbon, a boozy ice cream cocktail kit, and a 'heavenly' Japanese whisky are on Weekend Sip's 12 bottles of Christmas list.
10:59 a.m. Dec. 7, 2020 - By Charles Passy
A $2,000 'Baccarat' bourbon, a boozy ice cream cocktail kit, and 11 other gift suggestions for the drinkers in your lifeWeekend Sip's 12 bottles of Christmas also includes a 'heavenly' Japanese whisky.
10:17 p.m. Oct. 21, 2020 - MarketWatch
Pernod Ricard posts optimistic outlook; sales fallPernod Ricard SA said Thursday that sales fell organically by 6% during the first quarter of fiscal 2021 as travel retail continued to be hit by the pandemic, but that it expects a return to growth in the second half.
10:17 p.m. Oct. 19, 2020 - MarketWatch
Remy Cointreau raises guidance, but sales fall 16%Remy Cointreau SA said Tuesday that sales for the first half of its fiscal year fell due to the coronavirus pandemic, but that second-quarter sales showed a marked improvement from the first and that operating profit for the six months should be better than expected.
3:32 a.m. Oct. 16, 2020 - Barrons.com
LVMH’s Fashion Business Has Already Returned to Double-Digit Growth LVMH Moët Hennessy-Louis Vuitton stock jumped more than 6% early on Friday, as the French luxury conglomerate’s fashion business returned to double-digit growth in the third quarter.
10:30 p.m. Oct. 15, 2020 - MarketWatch
Remy Cointreau buys Champagne House J. De TelmontRemy Cointreau SA said Friday that it acquired a majority stake in Champagne house J. de Telmont. The French drinks maker said it acquired the Champagne house's brands, inventory, production facilities and property assets, including its vineyards in France's Champagne region. J. de Telmont will be managed by Ludovic du Plessis, who will also serve as its chairman.
9:08 p.m. Oct. 15, 2020 - MarketWatch
Louis Vuitton, Dior cushion LVMH salesLVMH Moet Hennessy Louis Vuitton SE said strong growth at its biggest fashion brands buoyed revenue in the third quarter, partly offsetting steep declines in other segments of the conglomerate's luxury empire that have been slammed by the coronavirus pandemic.
2:34 p.m. Oct. 9, 2020 - By Tracy Kaler
Some Seriously Luxurious BrewsThe allure of high-end craft beer
5:30 a.m. Sept. 2, 2020 - Barrons.com
Pernod Ricard Profit Tumbles as Covid-19 Hits Sales. The Stock Is Rising. Pernod Ricard stock climbed on Wednesday, despite the French spirits maker reporting a profit and sales slump due to the coronavirus pandemic.
6:10 a.m. May 3, 2020 - By Tomi Kilgore
Tequila is the spirit of choice during coronavirus lockdown as consumers stock up ahead of Cinco de Mayo Distilled spirits sales rise 32% during coronavirus pandemic lockdown, led by Tequila and Irish whiskey, Nielsen saysDisinfectants and hand sanitizers may be dandy for consumers sheltering at home from the coronavirus pandemic, but for some it appears liquor is quicker.
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