The Luding Group alcohol company continues, as usual, to supply Ararat cognac to Russia from the Yerevan Brandy Factory. It is reported based on the company. “Kommersant”.
As clarified at Luding Group, the distribution contract with brand and factory owner Pernod Ricard is currently valid. The company noted that Ararat’s distribution geography covers all of Russia, excluding federal networks. Since the start of the contract in October 2021, more than 1.3 million liters of cognac have been sold, excluding the volume directly supplied by Pernod Ricard to the main chains.
Vahan Kerobyan, former head of the Ministry of Economy of Armenia declarationThat the Yerevan Brandy Factory of French Pernod Ricard (which produces Ararat cognac) may stop exporting its products to Russia. He explained that this information is not an official statement.
Following the start of the Russian special operation in Ukraine, a number of alcohol producers left the Russian market: Diageo (brands such as Johnnie Walker, Baileys, etc.), LVMH (Hennessy, Moët & Chandon, Bacardi Limited), Pernod Ricard (Chivas Regal), Jameson, Absolut, Ararat) and Brown Forman. Experts registeredIt was stated that imports of alcoholic products, which fell in the second quarter of 2022, started to recover.