There have been signs of a slowdown in the Cognac market in recent months, with companies like LVMH and Remy Cointreau revealing lackluster sales and a decline in revenue throughout the first quarter of 2024. But that hasn’t stopped the major Cognac houses from continuing to release some ultra high-end expressions, the latest of which is a large-format $22,000 bottle from the leader in the category, Hennessy . The vast majority of Hennessy ‘s sales are built around the core V.
S., V.S.
O.P., and X.
O. expressions. But the brand also has several higher-end releases in its portfolio, including the Master Blender’s Selection (which just launched its fifth edition), James Hennessy, Paradis, and the Cognac in question, Richard Hennessy.
This pinnacle release is named after the founder of the Cognac house, and is said to be a blend of the rarest eaux-de-vie to be found in the Hennessy cellars that come from just 12 tiercons, the large French oak barrels that are used to age the spirit. RELATED: The 11 Best Cognacs to Buy Right Now The same careful selection of eaux-de-vie and artful blending goes into the new Richard Hennessy Magnum, but this is a larger version of the original—a first for this particular expression, Magnum is released at 1.75 liters instead of the original 750 ml to celebrate the 300th anniversary of the founder.
As is usually the case, a special release gets some special packaging. In this case, the liquid comes in a Baccarat crystal decanter designed by Dan.
