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Tag Archive: Remy Cointreau

Rémy Cointreau Eyes Second-Half Recovery In U.S., China

Rémy Cointreau’s sales declined 4% in the three months through September, a marked improvement from the 33% dropoff in the previous quarter, with its total fiscal first-half sales down 16% to €431 million ($509m). Continue reading →

Posted in News on October 20, 2020

News Briefs for October 16, 2020

•For its fiscal third quarter, Moët Hennessy Louis Vuitton reported that organic revenue for its wine and spirits portfolio was down 3% to €1.36 billion ($1.6b), with the portfolio beginning to recover after a challenging first half. Continue reading →

Posted in News on October 16, 2020

News Briefs for July 21, 2020

•Remy Cointreau posted sales down 33% to €150.1 million ($172m) in its first quarter ended in June, as its core Remy Martin Cognac brand declined 39% to €99 million ($113m) owing to distributor destocking and weakness in the hard-hit travel retail sector. Continue reading →

Posted in News on July 21, 2020

News Briefs for June 16, 2020

•Monterey County, California-based Scheid Family Wines is taking aim a the “better for you” wine segment with the launch of Sunny With a Chance of Flowers, a low-calorie, low-alcohol wine brand with zero residual sugar. Continue reading →

Posted in News on June 16, 2020

News Briefs for May 1, 2020

•Austin, Texas-based Twin Liquors has expanded online ordering to over 90 stores. Continue reading →

Posted in News on May 1, 2020

Rémy Cointreau Reopens Cognac Production, Anticipating Gradual Recovery

Rémy Cointreau saw sales fall 11% on an organic basis to €1 billion ($1.1b) in its fiscal year ended in March, as the Covid-19 crisis led to a 24% revenue decline in the fourth quarter. Continue reading →

Posted in News on April 29, 2020

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