Remy Cointreau raises guidance after 16.4% sales decline

Remy Cointreau has reported a 16.4% decrease in sales for the first half of its fiscal year after the pandemic ravaged its on-trade business.

Remy Cointreau expects 9% revenue decline

Remy Cointreau expects to report a 9% decrease in revenue for the 2019/20 fiscal year due to the impact of the coronavirus pandemic.

Remy launches Louis XIII jeroboam

Remy Martin has launched its Louis XIII cognac in a jeroboam decanter. The new format has a £16,000 price tag and there are 100 jeroboams available.