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RemyCointreau

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Reuters - 1 giorno fa

BNIC: OUR SECTOR IS BEING SACRIFICED, AND WE HAVE BEEN "ABANDONED" BY FRENCH AUTHORITIES

French cognac body: sector being 'sacrificed' in EU-China trade dispute LONDON, Oct 4 (Reuters) - France's cognac sector is being sacrificed in an EU-China trade dispute, an industry body said on Friday in response to the European Commission's plan to impose tariffs on Chinese-made electric vehicles. "The French authorities have abandoned us. We do not understand why our sector is being sacrificed in this way," the Bureau National Interprofessionnel du Cognac said in a statement, adding dialogue
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Reuters - 3 settimane fa

Campari plunges after CEO comments on weak quarter for sector

UPDATE 1-Campari plunges after CEO comments on weak quarter for sector Adds details MILAN, Sept 13 (Reuters) - Shares in Campari CPRI.MI fell nearly 6% on Friday with several traders and analysts citing comments by the Italian spirits group's chief executive, describing the current quarter as "s till quite soft" for the industry. Campari said that what Campari CEO Matteo Fantacchiotti told a virtual event organized by Bank of America concerned "the sector's general trends" in the United States,
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Reuters - 4 settimane fa

Exane prefers European brewers over distillers in depressed sector

BUZZ-Exane prefers European brewers over distillers in depressed sector ** BNP Paribas Exane says a more favourable macro context for staples could help European alcohol makers' "depressed" valuations despite the challenged global demand outlook ** Exane prefers brewers over distillers, which it says face prolonged headwinds in the U.S. spirits market ** The broker chooses AB InBev ABI.BR as its top pick, as it expects the Dutch brewer's share consolidation and operational momentum to drive shar
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Reuters - 4 settimane fa

Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7

BUZZ-Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7 A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays downgrades Burberry BRBY.L and Gucci owner Kering PRTP.PA to "underweight" from "equal weight" as it expects the weakness in the China market to affect the luxury groups in a long term ** Barclays cuts Nestle NESN.S to "equal weight" from "overweight" saying a near-term recovery is unlikely for the Swiss chocolate maker ** C
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Reuters - 4 settimane fa

Spirits: time to buy or time to sell?

LIVE MARKETS-Spirits: time to buy or time to sell? STOXX 600 up 0.7% Tech, travel & leisure lead bounce Downgrade hits Burberry Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SPIRITS: TIME TO BUY OR TIME TO SELL?
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Reuters - 4 settimane fa

European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks

BUZZ-European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks ** Deutsche Bank says soft drinks are the clear winner in the European beverages sector, while spirits and beer have suffered from a combination of negative estimate revisions and multiple contraction post a dismal summer ** "Brewers have not performed as well as we expected due to a combination of adverse weather in June and a lack of COGS (cost of goods sold) tailwinds," says DB ** It still sees the beer sect
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Reuters - 1 mese fa

China will not impose anti-dumping measures on EU brandy for now

QUOTES-China will not impose anti-dumping measures on EU brandy for now Adds Remy Cointreau quote LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks. The statement left open the possibility of future action after its commerce ministry said it had found European distillers had been selling brandy i
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Reuters - 1 mese fa

Remy Cointreau-Too Early to Assess Potential Impact of China's Anti-Dumping Measures on EU Brandy

BRIEF-Remy Cointreau-Too Early to Assess Potential Impact of China's Anti-Dumping Measures on EU Brandy Aug 29 (Reuters) - Remy Cointreau SA RCOP.PA : CLARIFICATION RELATED TO ANNOUNCEMENTS BY CHINESE MINISTRY OF COMMERCE CONCERNING ITS ANTI-DUMPING INVESTIGATION INTO IMPORTS OF EUROPEAN BRANDY INTO CHINA THIS COULD IMPLY AN ADDITIONAL TARIFF IN SA
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Reuters - 1 mese fa

Spirits makers exposed to China's EU brandy probe

FACTBOX-Spirits makers exposed to China's EU brandy probe Recasts with China decision, adds potential tariffs per brands Aug 29 (Reuters) - China s aid on Thursday it would not impose provisional tariffs on brandy imported from the European Union for now, leaving open the possibility that it may act at some time in the future. It had launched an anti-dumping investigation i n January , a step that appeared to be mainly targeted at France.
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Reuters - 1 mese fa

China will not impose anti-dumping measures on EU brandy for now

UPDATE 7-China will not impose anti-dumping measures on EU brandy for now China found EU brandy sold below market prices EU Commission says probe will not affect EV duties decision French spirit makers' shares rise Concerns over future tariffs remain Proposed provisional duties better than feared, Citi says Adds Remy Cointreau comment in paragraph 21 By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on b
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Reuters - 1 mese fa

China will not impose anti-dumping measures on EU brandy, for now

QUOTES-China will not impose anti-dumping measures on EU brandy, for now Adds Pernod and spiritsEUROPE comment LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks.
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Reuters - 1 mese fa

China will not impose anti-dumping measures on EU brandy, for now

QUOTES-China will not impose anti-dumping measures on EU brandy, for now LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks. Here are some reactions to the news: FRENCH COGNAC ASSOCIATION BUREAU NATIONAL INTERPROFESSIONNEL DU COGNAC "We understand that the duties that could be applied to our produ
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Reuters - 1 mese fa

China's probes on EU products following EV tariffs

FACTBOX-China's probes on EU products following EV tariffs Updates China's brandy probe By Nigel Hunt and Mei Mei Chu BEIJING/LONDON, Aug 29 (Reuters) - China has opened an anti-subsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a day after Brussels released its revised draft decision related to tariffs on China-made electric vehicles.
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Reuters - 1 mese fa

Shares of European spirits makers jump as China drops provisional brandy measures

UPDATE 2-Shares of European spirits makers jump as China drops provisional brandy measures Adds analyst comments, updates share moves By Alessandro Parodi and Ozan Ergenay Aug 29 (Reuters) - Shares in French spirits makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA rallied on Thursday after China's commerce ministry said it will not immediately impose provisional anti-dumping measures on brandy imported from the European Union.
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Reuters - 1 mese fa

Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges

UPDATE 2-Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges German consumer prices fall more than expected DAX closes at record high Delivery Hero jumps after stronger than expected GMV growth French spirits makers rise after China drops provisional measures on brandy STOXX 600 up 0.8% Updated at 1615 GMT By Pranav Kashyap and Lisa Pauline Mattackal Aug 29 (Reuters) - Europe's STOXX 600 rose on Thursday and Germany's DAX closed at a record high, led by tech stock
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Reuters - 1 mese fa

China will not impose anti-dumping measures on EU brandy, for now

CORRECTED-UPDATE 4-China will not impose anti-dumping measures on EU brandy, for now Correcting EU dairy export data in paragraph 14 By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks.
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Reuters - 1 mese fa

STOXX 600 rises to 6-1/2 week high

LIVE MARKETS-STOXX 600 rises to 6-1/2 week high STOXX 600 up 0.3% Tech stocks eke out gains Spirits makers surge Wall St futures mixed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX 600 RISES TO 6-1/2 WEEK HIGH Europe's STOXX 600 .STOXX is up 0.3% on Thursday to its highest level since July 15, while other major bourses are also eking out gains.
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Reuters - 1 mese fa

European spirits makers jump after China drops provisional brandy measures

European spirits makers jump after China drops provisional brandy measures Aug 29 (Reuters) - Shares in French spirit makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA rose about 8% early on Thursday after China's commerce ministry said it will not impose provisional anti-dumping measures on brandy imported from the European Union. Trade in Italy's Campari CPRI.MI was automatically halted in Milan after rising 4.5%.
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Reuters - 2 mesi fa

London's FTSE 100 inches up ahead of Fed meeting minutes

UPDATE 1-London's FTSE 100 inches up ahead of Fed meeting minutes For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.1%, FTSE 250 adds 1% US job growth in year through March was far less than estimated Mobico posts jump in first-half profit, shares gain Elementis gains after Barclays raises rating, price target U.S.
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Reuters - 2 mesi fa

Tourist splurge in Japan creates new headache for luxury brands

Tourist splurge in Japan creates new headache for luxury brands By David Dolan TOKYO, Aug 1 (Reuters) - Tourists are flocking to Japan to scoop up high-end clothes and handbags at a discount thanks to the weak yen currency. Luxury goods companies like Louis Vuitton parent LVMH LVMH.PA would rather they stayed home and shopped. The yen's JPY= sell-off - it hit a 38-year low against the dollar last month before recovering ground - has sparked an unprecedented tourist boom, drawing savvy shoppers f
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