Remy Retains Momentum in U.S.

Remy Cointreau said the US “retained its momentum” in the 12 months to March 31. The company reported 11.5% organic growth for Cognac, followed by 4.3% growth for liqueurs and spirits and 15.4% growth for Champagne. The company said it continued to benefit from its position in cocktails in the US and Europe, while Cognac held steady in the U.S. despite 5-10% price increases. Piper-Heidsieck Champagne achieved the strongest growth in its traditional markets, including the US where “demand remained