Asian demand boosts French cognac maker Rémy Cointreau, but China remains weak

Published:

Asian demand boosts French cognac maker Rémy Cointreau, but China remains weak
Photo: Gorm Kallestad/NTB/TT

The company's organic sales rose by 1.3 percent in the most recent quarter. However, development in Asia has one exception, namely the Chinese market, which is still considered weak.

The background is last year's trade conflict between Europe and China, in which China imposed tariffs on European cognac in particular.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...