On Thursday, Remy Cointreau will release its third-quarter and year-to-date sales figures. Here, just-drinks takes a closer look at the spirits group’s highlights during the three months to the end of December.
- In mid-October, Remy Cointreau lined up the divestment of its Passoã liqueur to Lucas Bols, with the two companies initially setting up a joint-venture to handle the brand’s global activities
- Later in the month, the company’s CFO Luca Marotta said stricter border controls helped drive down Travel Retail sales in 2016 as the channel failed to match strong growth elsewhere for the group
- At the end of October, Remy entered into exclusive talks to buy French distillery Domaine des Hautes Glaces
- And at the end of November, company CEO Valerie Chapoulaud-Floquet said Donald Trump’s plans to lower corporation tax in the US could benefit the luxury brands category in the country
- At the beginning of December, the firm moved further into the brown spirits category with the acquisition of North American single malt whiskey producer Westland Distillery.