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Cognac revenues contract 30 per cent driven by falling American sales and heightened price competition from LVMH
The French premium drinks maker can rely on wealthy consumers who are still splashing the cash
Company boosted by lifting of lockdown measures and strong Chinese sales
Lockdowns are proving less painful for the cognac business than first feared
Brewers and distillers cut costs and boost cash as coronavirus lockdowns force new sales strategies
Spirits group spooks investors by not saying whether it will hit annual profit target
Profits slowdown should be temporary thanks to demand from Chinese millennials and US rappers
Campari chief predicts dealmaking will rise as the benefits of scale start to outweigh dynastic pride
Investors in cognac maker would prefer rewards at a faster pace
Rarity factor justifies high share price but cognac group is vulnerable to fashion
Shares in spirits maker surge to record high as profits beat analysts’ expectations
Premium strategy has worked well but has its limits
Cognac prices are set to rise in the US and China, two key markets of the spirits group
Premium strategy is working well, but comes with a similarly upmarket valuation
For one, spirits are high, for the other good cheer is in short supply
Shares rise as French group reports stronger than expected sales
Once-booming sales of premium cognac continue to slide
Expensive cognac is popular in surprising places, making Rémy more than a China play
Spirits maker to boost dividends as margins expected to improve
International Edition