Rémy Cointreau to cut China dependence as cognac slump drags on
New CEO Franck Marilly looks to faster growing markets as downturn leaves drinks group sitting on huge stockpile of spirits
New CEO Franck Marilly looks to faster growing markets as downturn leaves drinks group sitting on huge stockpile of spirits

Guinness maker’s struggles come as company continues search for new chief executive

Prices of Moutai’s baijiu hit decade low and revenues notch slowest growth since 2016 as consumers pull back

Luxury market leader reports improving trends in third quarter after a tough couple of years for the industry

Groups are halting production and cutting prices to shift stock as sales declines accelerate in key markets

Discussions under way with Brown-Forman to create premium alcohol group as sector battles subdued demand

French group’s retreat could bolster a rival bid from fellow Kentucky drinks maker Sazerac