Bruichladdich doubled sales in the nine months

Bruichladdich doubled sales in the nine months

Rémy Cointreau today reported a drop in first-half sales but trends looked to improve as there was stabilisation in Asia-Pacific. Here, just-drinks takes a closer look at the company's performance by brand in the nine months to the end of December.

Rémy Martin

Sales for the Cognac brand in the first nine months dropped by 8.6% on a reported basis and 9.3% in organic terms. However, Rémy said the third quarter saw an increase in shipments to Greater China on the back of a “very favourable” comparison base. The company said the US also saw shipment increases as “the success of the brand's superior qualities” is now offsetting a withdrawal from the VS category. Within the Europe, Middle East and Africa region, Africa and Central Europe “confirmed their role as future growth drivers” for the brand, Rémy said.

Liqueurs & Spirits

The division posted sales growth of 6% reported and 5.8% organic.

Rémy said its Cointreau brand saw “sustained momentum” in the US, France, Australia and Japan. Metaxa grew sales in Greece and Germany and posted double-digit growth in Central Europe, driven by Metaxa 12 Stars.

Mount Gay posted “solid growth” over the nine months, thanks to the performance of Black Barrel in the US, Barbados and Travel Retail. Bruichladdich's sales doubled, due to the brand's increased momentum within the Rémy Cointreau network, Rémy said.

Passoa maintained a “healthy performance” in France as well as in the UK, Scandinavia and Switzerland, the company said without giving details.

Partner Brands

The unit, which mainly includes Piper-Heidsieck and Charles Heidsieck Champagnes, some of William Grant & Sons spirits and the Russian Standard vodkas, grew by 0.8% in organic terms over the nine-month period. Reported sales were down 40% because of the termination of a US distribution deal with Edrington, which came into effect on 31 March last year.

Rémy said the momentum for spirits in Belgium, Central Europe and Travel Retail offset declines in Champagne.