
Rémy Cointreau has admitted explosive US demand for Tequila has been to the detriment of Cognac, but insisted the “challenging environment” facing the category is not symptomatic of a wider, structural decline.
Eric Vallat said the macroeconomic situation and US spirits trends were working against the the Rémy Martin cognac owner.
Rémy Cointreau has admitted explosive US demand for Tequila has been to the detriment of Cognac, but insisted the “challenging environment” facing the category is not symptomatic of a wider, structural decline.