More specific details can be expected when the brand owner reports full-year results next month.
The formal consultation period ends on 19 May.
Cognac has not been available in the country's duty-free outlets since around 1 December.
'We are aiming to become the number one leader and 'gold medallist' in the globally…
January-to-March last year must feel a long time ago for the multi-category group.
'Everyone's doom and gloom about the category in China, but it's growing again for the…
The proposed bulk divestment was announced in August.
The gap between beer and spirits in the country narrowed slightly in 2024.
'In the end, it's about the consumer. Seeing them choosing our brands ... makes me…