Davide Campari-Milano N.V.
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Rémy Cointreau Cuts Tariff Impact Forecast Following US-EU Deal
The global spirits industry is breathing a little easier, and Remy Cointreau is at the center of the shift. After months of uncertainty around U.S. and Chinese tariffs, the French cognac maker has revised its outlook, cutting its expected hit from trade duties by a significant margin. A recent US–EU trade agreement reduced the pressure…
Pernod Ricard Predicts Q1 Sales Drop Amid China and U.S. Weakness
Global spirits giant Pernod Ricard has issued a cautious outlook for its first-quarter results, warning investors of a potential sales decline driven by weakness in two of its largest markets, China and the United States. The French beverage maker, which owns world-famous brands such as Absolut vodka, Jameson whiskey, Chivas Regal, and Martell cognac, is…