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Rémy Cointreau, The RealReal and PVH exceed expectations for the first quarter

Rémy Cointreau, The RealReal and PVH exceed expectations for the first quarter

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Despite a still complicated context of the pandemic, the brands are nevertheless managing to adapt and bounce back from a rather evolving period. Rémi Cointreau, The RealReal and PVH, owner of Calvin Klein and Tommy Hilfiger, are examples of this, thanks to results that exceeded objectives and expectations.

 

French spirits group Rémy Cointreau has published higher annual results despite the pandemic. The group believes it has emerged stronger from the health crisis with profitability close to its historical highs. For its 2020-2021 financial year ending at the end of March, Rémy Cointreau achieved a net profit, group share, of €144.5 million, up 27.5% as published. In addition, the group announced that it wanted to conquer new market shares, particularly on the Asian and American markets. This is due to the acceleration of Asian and American consumption of high-end alcohol.

 

 

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