Shares in the French drinks group Rémy Cointreau are rising in Paris today, after the company published a punchy sales update (pdf). Revenue growth in the company’s full fiscal year (to March) rose by less than 1%, after controlling for currency moves, but investors were cheered by a much bigger jump in sales in the first three months of the year. 248 more words
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MIAMI (CBSMiami) – In a stylish edition of Women to Watch the the Trend Tracker® Tara Gilani tracked down one of fashion’s finest .
At just 37-years-old Laure Heriard Dubreuil, a new mom of a nine-month-old boy, is one of the most influential women in the fashion business. 600 more words
Cognac Makers Are Feeling the Hangover from China’s Corruption Crackdown - China Real Time Report - WSJ
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