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Rémy Cointreau Sales Leap 52% In Fiscal First Half

October 22, 2021

Rémy Cointreau has posted sales up 52% to €645.3 million ($751m) for its fiscal first half ended in September. The company said results were boosted by restocking in the U.S., where the Cointreau brand has continued to make rapid gains lately, along with promising results for St-Rémy brandy and The Botanist gin, which has done well in the on-trade.

Overall, Rémy’s Liqueurs & Spirits unit saw sales climb 47% to €164 million ($191m) in the first half, while the company’s Cognac business jumped 55% to €465 million ($541m). In addition to restocking, flagship brand Rémy Martin benefited from “a structural acceleration in consumption trends observed in 2020—up-trading trends, at-home consumption and the development of e-commerce,” Rémy noted.—Daniel Marsteller

Remy Cointreau USA—Top Seven Spirits Brands
Rank Brand Type Total 2020
Case Volume1
2021 YTD
Percent Change
In Control States2
1 Rémy Martin Cognac 1,483 -5.1%
2 Cointreau Liqueur 345 19.3%
3 Mount Gay Rum 144 -4.0%
4 St-Rémy Brandy 90 12.7%
5 The Botanist Gin 48 23.2%
6 Metaxa Ouzo/Brandy 26 7.6%
7 Bruichladdich Single Malt Scotch 13 20.0%
Total Remy Cointreau USA 2,148 0.1%
1 Thousands of 9-liter case depletions.
2 Year-to-date through August.
Source: NABCA and IMPACT DATABANK © 2021

 

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