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Rémy Cointreau avoids steeper-than-expected sales decline

The loss of hospitality, bar and retail business over COVID-19 lockdowns in key markets has hit Rémy Cointreau Group hard, as it has others in the category. Image credit: Rémy Cointreau Group The loss of hospitality, bar and retail business over COVID-19 lockdowns in key markets has hit Rémy Cointreau Group hard, as it has others in the category. Image credit: Rémy Cointreau Group

 

France’s Rémy Cointreau Group, maker of the Louis XIII and Rémy Martin Cognac brands, is reporting better than expected first-quarter sales amid the global coronavirus pandemic.