Rémy Cointreau's US Sales Plummet, Shares Hit Three-Year Low
French spirits company Rémy Cointreau has seen its shares drop to a three-year low as US consumers are turning away from cognac. The company's sales have been hit by a decline in demand for its Rémy Martin cognac brand, particularly in the US market. This drop in sales has led to a decrease in the company's stock price, reaching its lowest point in three years.