Divers

🍷 China imported up to 99% of its brandy from France in 2023. Following an announcement, Rémy Cointreau's shares plummeted by 8.11% on Tuesday morning, while LVMH (Moët Hennessy) shares fell by 4.07%. Previously, "La Lettre" reported Moët Hennessy's management issues and poor performance, leading to a change in leadership within LVMH's subsidiary.

✈ Ryanair will discontinue physical boarding passes from May 2024, requiring passengers to use mobile boarding exclusively. CEO Michael O'Leary announced the elimination of check-in desks, saving costs including the €65.50 airport check-in fee. The shift to an all-digital boarding process aligns with previous baggage counter removals, aiming for a paperless system by May 1st, with assurances for passengers facing dead batteries or phone issues, provided online check-in is completed beforehand.

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🏨 Novaxia Développement, in partnership with NATIF Asset Management, initiated the transformation of 10,000 m² of outdated office space into a premium "Build-to-rent" hotel residence in Rueil-Malmaison. The project, launched in 2019 and financed by the Novaxia R fund, aims to develop over 450 accommodation units. The transformation addresses the issue of office vacancies in Île-de-France and the growing demand for accommodation, featuring a 19,000 m² complex with 9 floors.

🥕 Chef Christian Segui, Meilleur Ouvrier de France and Executive Chef at EHL Hospitality Business School in Lausanne, presents a terrine of confit vegetables recipe. Preparation: 30 minutes for vegetables, 30 minutes for assembly and finishing. Ingredients include 1 kg each of red and yellow peppers, aubergines, 1.5 kg of sweet onions, 15 cl of olive oil, and seasonings like basil, garlic, thyme, salt, and Espelette pepper. Cook at 145 °C for 45 minutes, press and cool overnight at 3 °C.

🍴 From 8-10 November, the Grande Halle de la Villette in Paris will host the 1st "Salon du Bon – By Thierry Marx". The 8 November is reserved for professionals. The event will feature conferences, cooking shows by starred chefs, tastings, and innovative culinary workshops. The "Salon du Bon" aims to be an annual meeting point for culinary professionals and enthusiasts, expecting 15,000 visitors.

👕 The Ritz-Carlton partners with Madrid's trending menswear brand Late Checkout to launch an exclusive nine-piece capsule collection "Late Checkout: A Ritz-Carlton Story," melding casual luxury with playful sophistication. The collection, a blend of bold graphics, luxurious materials, and tailored cuts, is complemented by a campaign film directed by Rogelio, produced by Little Spain, and featuring award-winning actor Josh Hutcherson as the executive producer. Late Checkout, established in 2019, has quickly become a prominent fashion label.

🎡 Le Bristol Paris introduces its first ready-to-wear collection, "Le Bristol Society," embodying the essence of the renowned hotel and French lifestyle. This new fashion line, inspired by Paris's dynamic energy, offers elegant and relaxed clothing and accessories, reflecting the spirit and exclusivity of the prestigious establishment.

🏠 Groupe Duval's Maisons Demeurance, established in 1987 with approximately 100 employees, merges with Maisons Clair Logis to expand geographical reach in Auvergne Rhône-Alpes, PACA, and Midi-Pyrénées. The merger, enhancing services with renovation offers and sales to social landlords, aligns with Duval's growth strategy, as stated by Louis-Victor Duval, Deputy CEO. Maisons Clair Logis has been building homes since 1952 and will diversify beyond its single-trade logic.