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Remy Cointreau shares popped as much as 4% Thursday after the French drinks maker reported better-than-expected full year sales and profit and said momentum in China promised further growth.
The maker of Fendi fashions and Hennessy cognac posted posted a 15% increase in first-quarter sales easily beating analyst expectations.
China's renewed demand for luxury and growing love of sports brands should drive growth over 2017, but not all brands will profit equally.
A 22% increase in cognac sales swamped analyst expectations, pushing the French company's shares to a 12-month high.
The French spirit maker buys boutique whiskey brand Westland Distillery.
U.K. inflation and unemployment data, the ECB's interest rate decision and a raft of earnings await from industry titans awaits investors
Diageo CEO Ivan Menezes says full-year expectations are on track after a strong fiscal year 2017 start.
First-half profit is in line with expectations, while sales grow more than expected in the same period.
The world's No. 3 cognac maker says a first-quarter sales drop in the region is "not representative" of full-year expectations.
The German car maker reports forecast-busting first-half profit, while in the U.K. strong labor market figures bolster the pound.
The spirits maker says the growth in the value of sales to retailers in the region accelerated.
The ratings agency notes that less than 3.5% of exports from every Asian country go to the U.K. and that 'direct financial linkages' are limited.
Tough competition in the U.S. vodka market has crimped North American sales in recent months.
Japanese banks and U.K. mining stocks lose ground.
European markets look poised to end a nine-session winning streak on Tuesday, slipping into the red as investors turn their attention to the second-quarter reporting season.
European stock indices rose on Wednesday, shrugging off slower Chinese growth, as investors waited to hear what European Central Bank boss Mario Draghi has to say about today's policy meeting.
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