Rémy Cointreau picks Monika Alcobev to distribute in India

2 weeks ago 20

Rémy Cointreau has chosen Monika Alcobev to negociate the organisation and selling of its spirits brands successful India.

The French radical intends to "deepen its India strategy done a single-window level backed by scale, efficiency, and marketplace intelligence," a connection shared by Monika Alcobev said yesterday (10 August).

In April, the Rémy Martin marque proprietor said it would transportation retired a reappraisal of its organisation web arsenic portion of its three-year "transformation plan", dubbed RC Forward.

The is would beryllium successful bid "to grow scope and seizure untapped maturation opportunities", the concern said astatine the time.

"Consolidating our beingness crossed India with a azygous unified mandate and spouse volition undeniably fortify our presumption connected this market," said Ian McLernon, the radical main markets serviceman astatine Rémy Cointreau.

"We are assured Monika Alcobev Limited teams volition physique and thrust an ambitious and sustainable maturation program for our brands arsenic good arsenic creating memorable and culturally applicable experiences for the Indian consumer," helium added.

Monika Alcobev said the organisation modulation is successful advancement and volition beryllium completed crossed retail and hospitality sectors successful the "coming months".

Just Drinks has asked Rémy Cointreau to corroborate who antecedently distributed its products successful India.

Hemang Chandat, the main commercialized serviceman of Monika Alcobev, said: "This concern allows america to streamline operations, connection stronger marque visibility, and thrust deeper relationships with customers who already emotion Rémy Cointreau's iconic brands."

In June, Rémy Cointreau said it was aiming to execute a €100m ($115.4m) summation successful underlying operating nett implicit the adjacent 3 fiscal years.

At the time, the institution highlighted assorted initiatives to revive sales. It included plans for "scaling up" operations successful emerging markets, "accelerating" income successful question retail, and calls for steps to "optimise" A&P spending.

For the 12 months ended 31 March, the institution posted radical income of €935.3m, which was down 5% connected a reported ground portion rising 0.2% organically.

It besides reports "current operating profit", which fell 11.5% to €165.4m.

For the 2026-27 fiscal year, the Bruichladdich whisky proprietor said it "anticipates a instrumentality to sustainable integrated income growth, with momentum expected to fortify progressively implicit the year".

"Rémy Cointreau picks Monika Alcobev to administer successful India" was primitively created and published by Just Drinks, a GlobalData owned brand.

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