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Remy Cointreau hit by China slowdown

French spirits group, Remy Cointreau, has said that its full-year operating profits will see a “double-digit” decline after slower growth in China, the British Broadcasting Corporation reported on Tuesday. It blamed the fall on China’s “sharp slowdown”, together with an “uncertain economic environment” in Europe. Shares in the firm, whose brands include Remy Martin cognac... 
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Added November 26, 2013
from The Punch News