Cognac: latest news, insights and analysis | ESM Magazine

Rémy Cointreau Confident About Profit Outlook As Sales Beat Estimates

Rémy Cointreau has beaten third-quarter sales forecasts and said it was confident that demand for its premium cognac in China, the United States and...

Cognac Sales Jump 31% As Drinkers Go Upmarket

Cognac sales surged by a nearly a third last year as American and Chinese drinkers guzzled old vintages, in the latest sign premium drinks makers are putti...

Rémy Cointreau Raises Full-Year Profit Outlook After Profit Jump

Rémy Cointreau has raised its full-year profit outlook after reporting a stronger-than-expected 104.5% organic jump in first-half operating profit,...

Pernod Ricard Raises Profit Forecast For Coming Year

Pernod Ricard said it now expects organic profit growth of about 16% for its 2020/2021 fiscal year, up from a previous April forecast of 10%, as...

Rémy Cointreau Sees Operating Profit Up 12.8% In Full-Year

French spirits group Rémy Cointreau has reported a 12.8% increase in organic operating profit in full-year 2020/21, beating analyst estimates, with...

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...