France

Remy Cointreau Braces For Sharp Drop In Sales As No Sign Of US Recovery

Remy Cointreau braced investors on Thursday for a bigger than expected fall in annual sales, citing weakness in its key US market.

French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid tariffs, staff briefed by management have said.

Corrib Oil has announced that it is to become global quick-service restaurant brand Wendy’s first franchise partner in Ireland.

AB Foods reported a 32% rise in full-year profit, driven by robust performances from its Primark clothing business and grocery division.

AB InBev reported third-quarter profits, revenues and volumes behind forecasts on Thursday, sending its shares down almost 4%.

Carlsberg is shifting some of its marketing focus as consumers opted for cheaper beer, but maintained its full-year earnings forecast.

The Drinks Industry Group of Ireland has called for a 15% reduction in the country’s excise tax rate over two years, RTÉ has reported.

Carrefour has announced a franchise partnership with Dubai-based Apparel Group to establish its presence in India.

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