MILLENNIAL SHOPPERS EXPECTED TO SPEND MORE IN CHRISTMAS HOLIDAYS 2017

 

Cognac News and Economy

While most consumers (54%) say they’re keeping their holiday spending about even with last year, young adults (18-24 years old) are likely to increase theirs, according to survey released last week by the National Retail Federation and Prosper Insights & Analytics.

• Barely a quarter (24%) of consumers overall say they’ll spend more this year, but nearly half (46%) of those aged 18-24 — which includes the oldest members of Generation Z — and 39% of those aged 25-34 years old, will spend more than they did a year ago.
• Many of America’s youngest consumers will also be heading to stores this season, according to a survey from Junior Achievement USA. Most (54%) plan to do much of their shopping at brick-and-mortar discount stores like Walmart and Target this holiday season. Less than half of teens (46%) said that they would be doing much of their shopping online, while about a third (34%) planned to head out to the shopping malls.

Source: RetailDive

HENNESSY IS ALSO MAKING CRAFT COGNAC NOW!

 

Cognac Hennessy Master Blender's No2

Hennessy's getting into Craft Cognac

Hennessy has launched the second release in its limited edition Master Blender’s Selection series. Master Blender’s Selection N°2 is made from eaux-de-vie selected by former master blender Yann Fillioux and bottled at 43% abv. 

Fillioux’s nephew, Renaud Fillioux de Gironde, took over as master blender this past July, succeeding his uncle after a 50-year tenure.

The new bottling is composed of eaux-de-vie that are at least 10 years old, aged for 18 months in young coarse-grained French oak barrels before additional aging in old barrels. 

Hennessy Master Blender’s Selection N°2 is available now at a suggested price of $92 a 750-ml., exclusively in the U.S.

 

Cognac Hennessy Master Blender's No1

The Edition Limitee No1 had been released in October 2016.

Source: ShankenDailyNews