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Global cognac sales depend on the health of China's "erotic sector"

Global cognac-makers’ sales in China are suffering, and not just because of the country’s ongoing government austerity campaign. More worrying for the likes of Hennessy, Rémy Martin, and Martell is that Chinese authorities are taking aim at the country’s “yellow” entertainment sector—karaoke clubs, bath houses, and hostess bars where wealthy businessmen often entertain, and where prostitution runs rampant. 443 more words

When China drinks less cognac, France gets a headache

The numbers: Like a bad hangover. Sales in Rémy Cointreau’s latest fiscal year, ending in March, fell by 13.5%, missing already-lowered analyst expectations. When the French drinks group publishes its full financial results in June, it expects operating profits to fall by 35-40% versus the previous year, the latest in a series of profit warnings. 252 more words

RUMORS OF COGNAC REMY MARTIN BEING ACQUIRED BY BROWN-FORMAN

Rémy Cointreau’s shares have fallen by around 40% over the past year because of a slowdown in China’s economy. China is an important market for Rémy Cointreau because of the amount of business they do with Rémy Martin in Asia. 302 more words

Cognac

Remy Cointreau ra mắt dòng gin thủ công siêu cao cấp trong kênh bán lẻ du lịch

Remy Cointreau kênh bán lẻ du lịch toàn cầu sẽ giới thiệu The Botanist Islay Dry Gin từ nhà máy chưng cất Bruichladdich thông qua các gian hàng của Dufry tại sân bay Ý, Thụy Sĩ và Nga trong tháng tới, với kế hoạch ra mắt tiếp tục. 685 more words

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