Tag Archive: Remy Martin
Interview, Part 1: Nicolas Beckers On The Road Ahead For Rémy Martin
It’s no secret that conditions have been difficult lately in the Cognac category, with the top five brands losing a combined 1.1 million cases in the U.S. market last year, according to Impact Databank.
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Moët Hennessy, Rémy Cointreau Aim For Gradual Recovery In Cognac
After a dramatic downturn in Cognac over the past two years, top players Moët Hennessy and Rémy Cointreau are seeing some green shoots in the category, while noting that trade inventory levels continue to be high and buyers remain cautious. Continue reading →
Posted in News on July 24, 2024Rémy Cointreau: U.S. Cognac Recovery Could Take Time
Rémy Cointreau has continued to battle tough conditions in the U.S. Cognac market recently, as the French drinks player posted organic sales down 19% to €1.2 billion ($1.3b) for its full fiscal year through March. Continue reading →
Posted in News on April 26, 2024News Briefs for April 9, 2024
•Casamigos is extending its range with a Casamigas Jalapeño Tequila. Continue reading →
Posted in News on April 9, 2024Moët Hennessy, Rémy Cointreau Post Better Than Expected Results Amid Cognac’s Slump
While sales have continued to decline for top Cognac brands Hennessy and Rémy Martin, brand owners Moët Hennessy and Rémy Cointreau each beat expectations in results overnight. Continue reading →
Posted in News on January 26, 2024Cognac Weathers Tough Conditions, Aims For A Rebound
After soaring to an all-time high of 8.5 million case depletions amid the pandemic in 2021, the Cognac category saw volume decline sharply in 2022 and 2023, with depletions estimated at just over 6 million cases last year, according to Impact Databank. Continue reading →
Posted in News on January 11, 2024