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Remy Cointreau, cognac goes to the back of France

Bad first quarter closing: revenues -15.7%. Double-digit declines for all divisions

The difficulties of cognac are still being tackled by Rémy Cointreau who, in addition to the problems of the sector in China, must also think about his home accounts, The first is the problem of sales in the USA. The French company of spirit, in fact, has been hit from a stronger decrease than previewed in the first trimester of fiscal year 2024-2025 (closed to 30 June 2024) the US cognac market has...

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EFA News - European Food Agency
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