Cognac reaches an all-time high

12-May-2008

The reversal of cognac’s duty-free fortunes continues apace with demand driven by China. But can the resurgence last, and is there enough stock to meet demand? Joe Bates reports

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Only a decade ago the cognac industry was in crisis. Falling sales in its native France and a dramatic collapse in demand from Asian markets in economic meltdown led to

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