Torula News February 1998

26/02/98	From *WIRED* March 1998: Paradiso Añejo, a first class tequila ($95/bottle), which is five-year-old blend and it was assembled with the help of cognac maker Alain Royer (A. de Fussigny) won the Wired' best... see page 138. Way to go, Mr. Royer! Diversify and promote!
12/02/98	Courvoisier introduces Millennium - the year 2000 product presentation.
11/02/98	Modern 10000 m² bottling facilities were opened at Courvoisier in Jarnac at Le Belloire. How about that for optimistic expectations of the Cognac markets!
11/02/98	Sales are down, optimism is up, eaux-de-vie purchases cut; that's life at Rémy Martin today. "Bright spots" are the markets in the USA (up 9%), France (up 7%) and suprisingly in Japan (up 11%). According to Rémy Martin management, "Bright Spots" reflect Rémy Martin leadership among high end of Cognacs. New marketing campaign has been initiated under the theme of "élégance et de panache".
06/02/98	Seagram (parent of Martell) announces a major drop in revenue and profits for 2nd quarter due to decreased spirits sales in Asia. Layoffs and asset write down follows.
01/02/98	Great new Cognac web site @ http://www.courvoisier.com