Tag Archive: Remy Cointreau
Edrington is taking control of its portfolio—including The Macallan single malt Scotch whisky, Cutty Sark Scotch whisky and Brugal rum, among other brands—in the U.S. market. Continue reading →Posted in News on June 17, 2013
Rémy Martin’s solid performance propelled Rémy Cointreau to double-digit sales and profit growth for its recently completed fiscal year.
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EDITOR’S NOTE: When Jean-Marie Laborde took the helm at Rémy Cointreau in 2004, the company looked much different than it does today. Its holdings were far more diverse back then, but it had less control over its core business as its global distribution was in the hands of Maxxium, a four-way joint venture overseeing a vast array of products. Laborde has since streamlined Rémy’s operations and pulled out of Maxxium to achieve greater control over its brand portfolio. The financial community has applauded Laborde’s strategy, as Rémy’s market cap has increased from less than $1 billion when he arrived to well more than $4 billion today. And the company is still moving full speed ahead. Last July, it acquired single malt Scotch Bruichladdich—a brand Laborde believes will be integral to the company’s long-term growth. Rémy aims to double sales and profits over the next five years. Laborde sat down recently with SHANKEN NEWS DAILY to discuss the company’s current strategic goals. Continue reading →Posted in News on May 8, 2013