Bernstein: Cognac on Sustainable Growth Track in US

In 2015, the growth rate for Cognac shot up in the US, and has consistently outpaced the larger spirits category ever since. In 2016, value growth for Cognac was up 20%. And according to the Distilled Spirits Council, Brandy & Cognac accounted for 16% of spirits industry value growth in 2017, the same as vodka."We expect the US is going to continue to grow, albeit at a more restrained rate than in the past few years," writes Bernstein analyst Trevor