Globally, the company reported organic growth of 3.7% for its Cognac division, to roughly $920 million (€763m), which the company attributed to its momentum in the U.S. and strong growth during Chinese New Year. While the overall picture for Rémy Martin was positive, the company noted the struggles in Travel Retail and the on-premise, especially in Southeast Asia, Africa, and Latin America. In the U.S., Rémy Martin was up 55% to 1.5 million cases, according to Impact Databank, earning a Hot Brand award for its performance in calendar 2020.

Rémy Cointreau’s portfolio of liqueurs and other spirits struggled in FY20, dropping 3.2% to $305.6 million (€253.4m) on an organic basis. The company noted that the portfolio rebounded in its fiscal second half, rising by 7.2%, though the bounce was not enough to offset an overall decline. Even though the broader picture was negative, the company pointed to the success of the House of Cointreau in the U.S., the United Kingdom, Benelux, and Australia, where consumers shifted toward home mixology. For its growth last calendar year, Cointreau—up 15% to 345,000 cases in the U.S.—also earned an Impact Hot Brand award. Specifically, Rémy Cointreau noted that its focus on Cointreau as an essential ingredient in the Margarita benefited the brand.

Rémy Cointreau saw its Americas sector leap ahead by 18.6%, with the U.S. as the driver. Rémy’s Asia-Pacific region fell by 4.5%, though the company noted that the overall decline in the region masked a double-digit rebound in China and Australia by year’s end. Public health restrictions caused substantial drops in Europe, the Middle East, and Africa as well, where Rémy Cointreau reported a 21.7% decline.—Shane English