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RemyCointreau

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Pernod Ricard eyes more price hikes in second half, confident on China

UPDATE 3-Pernod Ricard eyes more price hikes in second half, confident on China First-half profit, sales beat forecasts Profit from current ops 2.42 bln euros, up 12% Sales up 12% to 7.12 bln euros Shares up 5% Recasts with CEO, CFO comments from call, updates shares By Dominique Vidalon PARIS, Feb 16 (Reuters) - Pernod Ricard PERP.PA on Thursday said i t planned more price increases in the second half of the year in China and the United States to protect its profit margins against the high cost
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Pernod Ricard confident over FY 2023 as H1 results beat expectations

Pernod Ricard confident over FY 2023 as H1 results beat expectations PARIS, Feb 16 (Reuters) - Pernod Ricard PERP.PA said on Thursday it was confident sales growth would remain dynamic and broad-based albeit in a normalising environment for the 2023 fiscal year after it delivered forecast-beating first-half profit and sales, helped by price increases in the key Chinese and U.S.
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H&M highlights fast-fashion gloom as luxury takes hit in China

WRAPUP 2-H&M highlights fast-fashion gloom as luxury takes hit in China Adds graphics, details H&M shares fall as costs almost wipe out earnings Results highlight struggle for fast fashion LVMH, Salvatore outline disruption from China Remy, Diageo see U.S. slowing Europe Inc's Q4 earnings expectations dim LONDON, Jan 27 (Reuters) - H&M HMb.ST said on Friday soaring costs had slashed its profits, the latest fast-fashion retailer to feel the pinch as consumers cut back, while LVMH and Salvatore Fe
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European shares end higher as focus shifts to cenbank meetings

UPDATE 2-European shares end higher as focus shifts to cenbank meetings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.2%, posts weekly gains Energy, consumer discretionary firms boost index LVMH results boost luxury firms H&M down on Q4 profit miss Updates prices, adds comment By Ankika Biswas and Amruta Khandekar Jan 27 (Reuters) - European shares ended higher on Friday as i nvestors assessed mixed earnings from the reg
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Spirits maker Remy Cointreau sees weak U.S. demand deep into 2023

UPDATE 2-Spirits maker Remy Cointreau sees weak U.S. demand deep into 2023 Adds 2023 outlook, comments from CFO and analyst, shares By Dagmarah Mackos Jan 27 (Reuters) - Remy Cointreau RCOP.PA said on Friday it expected U.S. demand for cognac to weaken well into 2023, after the French spirits maker posted lower third-quarter sales as positive effects from the coronavirus pandemic fizzled out.
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