Posts Tagged ‘cognac’

Remy Martin cashing in on China’s growing luxury market

Friday, October 23rd, 2009

(Newswire : Channel NewsAsia)

Guilin, GUANXI PROVINCE: French cognac maker, Remy Martin, is cashing in on China’s growing luxury market. It recently unveiled a rare cask of its “Louis the 13th” cognac in the Chinese city of Guilin.

Remy Martin chose Guilin to debut its limited edition vintage Louis the 13 Rare Cask.

Patrick Piana, CEO, Remy Martin, said: “The launch of Louis XIII rare cask is very important to the brand Louis XIII and the fact that it’s in China is a very important symbol of the future of Louis XIII overall.”


One consumer said: “Chinese people love wine and cognac hasn’t been promoted in a large scale here in the past however gradually Chinese people will learn to drink good cognac.”

Chinese drinkers are more accustomed to baijou or rice wine and whiskey and Remy Martin said it is not in the business of converting them.

Mr Piana added: “We’re not in a volume game so as to converting whisky drinkers, tequila drinkers, or vodka drinkers in other markets. It’s about making sure we cherish and nourish our brand to convert existing consumers to our brands.”

And it seems the group is going in the right direction.

[Source] – Channel NewsAsia’s China Correspondent Glenda Chong


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