Tag Archive: Remy Martin
Pernod Ricard, LVMH, Rémy Shares Slip Amid China Anti-Dumping Probe Targeting Cognac
Chinese authorities have started an anti-dumping probe against European brandy imports, escalating the ongoing trade dispute between the EU and China. Continue reading →
Posted in News on January 5, 2024Rémy Cointreau To “Stay The Course” As Cognac Headwinds Persist
Rémy Cointreau saw organic sales fall 22% in its fiscal first half through September to €636.7 million ($693m) as the Cognac category continues to be under pressure in the U.S. Continue reading →
Posted in News on December 1, 2023News Briefs for September 7, 2023
•Brown-Forman has announced Jack Daniel’s Bonded Rye, the latest permanent addition to the company’s Bottled-in-Bond series. Continue reading →
Posted in News on September 7, 2023News Briefs for July 13, 2023
•Treasury Wine Estates’ Penfolds has teamed up with NIGO, naming the designer as the brand’s first creative partner. Continue reading →
Posted in News on July 13, 2023Rémy Cointreau Posts Strong Full-Year Numbers, Expects U.S. Turnaround Later This Year
Rémy Cointreau has posted sales up 10% organically to €1.5 billion ($1.66b) for its fiscal year ended in March, with current operating profit growing 16% to €430 million ($460m). Continue reading →
Posted in News on June 1, 2023Rémy Cointreau Up 10% Through Three Quarters, Despite Cognac Slowdown
Rémy Cointreau saw sales climb 10% to €1.3 billion ($1.4b) in the nine months through December, representing the first three quarters of its fiscal year, but the company posted a 6% decline in its most recent quarter as Cognac sales slowed in the U.S. market. Continue reading →
Posted in News on January 27, 2023
