date:Jul 21, 2014
nt officials has particularly weighed on premium cognac. Remy has said it will continue to focus on the upmarket positioning of its brands.
Other producers such as Pernod are creating less expensive variants to adjust, according to Pernods Chief Financial Officer Gilles Bogaert. Sales growth in China should resume next year, he said in June.
This performance confirms the sequential improvement noted since the previous quarter, Remy said today. Cognac shipments suffered as liquor retailers cont