Latest news with #RemyCointreauRCO
Wall Street Journal
25-07-2025
- Business
- Wall Street Journal
Remy Cointreau Lowers View on Tariff Hit Despite Industrywide Trade Disputes
French liquor company Remy Cointreau RCO 3.04%increase; green up pointing triangle said the impact of customs duties will be less than previously anticipated at a time when the beverage industry is currently embroiled in trade disputes in key markets. The maker of Louis XIII cognac said Friday that it now anticipates a maximum total net impact of 45 million euros ($52.9 million) in fiscal 2026 compared with a prior estimate of 65 million euros.
Wall Street Journal
09-04-2025
- Business
- Wall Street Journal
Remy Cointreau CEO to Leave Group
Remy Cointreau RCO -2.07%decrease; red down pointing triangle said Chief Executive Eric Vallat would resign after more than five years at the helm of the French luxury liquor group at a time when Europe's spirits sector reckons with President Trump's tariffs. The company said Wednesday that Vallat would leave in the summer to dedicate himself to a new professional project.
