Cognac

Rémy Cointreau Looks To Full-Year Profit Gain After Strong Fourth Quarter

Spirits maker Rémy Cointreau said it is anticipating organic growth of around 10% in operating profit in the 2020/21 fiscal year, after strong deman...

Hennessy Announces Global Partnership With The NBA

LVMH has announced that its premium cognac maker Hennessy has become the first global spirits partner of the NBA (National Basketball Association). The...

Rémy Cointreau Eyes China And US-Led H2 Rebound As H1 Beats Forecasts

Spirits group Remy Cointreau has achieved better-than-expected first-half profits despite the global COVID-19 pandemic, it said on Thursday, predicting a s...

Rémy Cointreau Showing Signs Of Improvement, Sales Down 4.0% In Q2

Spirits giant Rémy Cointreau said that it is arresting some of the declines seen across its portfolio, as the group posted a 4.0% decline in sales i...

Rémy Cointreau Raises H1 Profit Outlook As Q2 Sales Beat Estimates

Rémy Cointreau said that its first-half core profit will fall less than expected after the company posted a broader recovery in second-quarter sales...

Surging Louis Vuitton Sales Boost LVMH Despite Pandemic Woes

Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury...

Rémy Cointreau Issues More Optimistic Outlook, Boosted By Lockdown Sales

Premium spirits maker Rémy Cointreau has said that it expects mid-year core profit to fall between 35% and 40%, an improvement on previous guidance,...

Rémy Cointreau Warns Of Halving Of Q1 Sales Due To Coronavirus

French spirits company Rémy Cointreau warned first quarter sales would fall by around 50-55% due to wholesaler destocking in Greater China and a sha...