Rémy-Cointreau plan price hikes

At a time when news is on the increase of winery and wine distributor closures, it seems odd that Rémy-Cointreau are still planning price increases http://www.ft.com/cms/s/0/9502d346-bb22 ... fd18c.html . It seems that times are not so hard for the drink industry's big boys!

[David M. Bueker]

I've forgotten, does Remy-Cointreau represent ridiculously overpriced Champagne A or ridiculously overpriced Champagne B?

Any help out there?

Piper-Heidsieck and Charles Heidsieck.

[David M. Bueker]

Ah - B.

The weakness of the Euro relative to the Dollar lately will help them in the US. They could raise their prices 10% in Euros and still look lower over here.