Remy Cointreau, a French cognac and spirits company, has reduced its guidance for 2024 after reporting sluggish US sales. The company cited ongoing challenges in the US market as the primary reason for the adjustment. This news comes amidst global concerns about economic uncertainty and shifts in consumer spending habits.

Source: https://www.bloomberg.com/news/articles/2024-10-25/remy-cointreau-cuts-guidance-as-us-sales-fail-to-recover