Cognac

French Alcohol Exports Weakened In 2024 As China Weighed

French wine and spirits exports fell for a second consecutive year in 2024, hit by weaker demand for premium vintages.

Pernod Ricard Cuts Sales Outlook As China's Tariffs And Weak Economy Bite

Pernod Ricard cut its sales forecasts for 2025 and beyond as tariffs weigh on the French spirits maker during an already tough time for the industry.

French Cognac Exports Slump In 2024, Data Showed

The value of French cognac exports to China fell by nearly a quarter last year, according to data shared by an industry lobby group.

Trump’s Tariff Threats Hang Over Young Arnault’s Mission To Fix LVMH Drinks Unit

Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as US President Donald Trump risks unleashing a trade war.

Rémy Forecasts Full-Year Sales Decline At Low End Of Range

Rémy Cointreau said it expects full-year group organic sales to decline about 18%, the lower end of its guidance range.

Spirits Industry To Seek Exemption From Trump's Universal Tariffs

The spirits industry is planning to push for an exemption to any universal tariffs on US imports imposed by the incoming Trump administration, a trade body...

Remy Cointreau Cuts Sales Outlook As US, China Weigh On Q2

French spirits maker Remy Contreau on Friday dropped its forecast that its full-year sales would gradually recover after quarterly sales fell more than exp...