STOCK TITAN

Rémy Cointreau Strengthens Its Investments on The Botanist

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Rémy Cointreau announces a significant advertising campaign for its gin brand, The Botanist, coinciding with the Super Bowl. This campaign aims to enhance brand visibility and support the hospitality industry, which has been a partner since 2014. The Botanist, distilled at the Bruichladdich distillery, seeks to capitalize on the growing gin market in the United States. CEO Eric Vallat emphasized the campaign's role in achieving the brand's strategic growth objective, focusing on premiumization and mixology trends.

Positive
  • Launch of a major advertising campaign for The Botanist during the Super Bowl to increase brand visibility.
  • Strategic alignment with growth potential in the U.S. gin market.
  • Strong commitment to support the hospitality sector.
Negative
  • None.

Launching of a major TV campaign during the Super Bowl

PARIS--(BUSINESS WIRE)-- Regulatory News:

On the occasion of the Super Bowl, a major television event in the United States, Rémy Cointreau (Paris:RCO) is pleased to announce that it will launch the first TV advertising for its gin brand, The Botanist.

Broadcast in the United States and on all social media platforms, this large campaign will also support the hospitality industry, which has been the long-standing partner since it was introduced to the market in 2014.

The scale of the campaign marks an important step in the development of The Botanist, which is recognized as one of the world's best gins. It is conceived, distilled and bottled by artisans at the Bruichladdich distillery, one of the few distilleries in the world that is a certified B Corp. The Botanist is the first and original Islay Dry gin.

Eric Vallat, Chief Executive Officer of Rémy Cointreau stated: "This first large-scale campaign is a major milestone in the growth of The Botanist and one that aligns perfectly with our strategic plan. Characterized by strong ties to its terroir, The Botanist is perfectly positioned today to take advantage of the rapid growth in the gin category in the United States and new consumption trends like mixology and premiumization. The Botanist, with its goal to become an undisputed leader in high-end gin, is an excellent growth vector for the group. We will mobilize all necessary resources to achieve that goal by significantly increasing our marketing and advertising spending to boost the brand's visibility and desirability."

Rémy Cointreau aims to become the global leader in exceptional spirits through a value strategy and through the growth of its Global priority brands: Louis XIII, Rémy Martin, Cointreau, Bruichladdich and The Botanist. The Liqueurs & Spirits division will play an essential role thanks to the rise (in volume) of its brands Cointreau and The Botanist and its robust operating leverage.

About Rémy Cointreau

All around the world, there are clients seeking exceptional experiences; clients for whom a wide range of terroirs means a variety of flavors. Their exacting standards are proportional to our expertise – the finely-honed skills that we pass down from generation to generation. The time these clients devote to drinking our products is a tribute to all those who have worked to develop them. It is for these men and women that Rémy Cointreau, a family-owned French Group, protects its terroirs, cultivates exceptional multi-centenary spirits and undertakes to preserve their eternal modernity. The Group’s portfolio includes 14 singular brands, such as the Rémy Martin and Louis XIII cognacs, and Cointreau liqueur. Rémy Cointreau has a single ambition: becoming the world leader in exceptional spirits. To this end, it relies on the commitment and creativity of its 1,850 employees and on its distribution subsidiaries established in the Group’s strategic markets. Rémy Cointreau is listed on Euronext Paris.

Célia d’Everlange — +33 (0) 6 03 65 46 78

Source: Rémy Cointreau

FAQ

What is the significance of Rémy Cointreau's new advertising campaign for The Botanist?

The campaign aims to boost The Botanist's visibility and capitalize on the growing gin market in the U.S. during the Super Bowl.

How does the new campaign align with Rémy Cointreau's strategic objectives?

The campaign is part of a broader strategy to position The Botanist as a leader in high-end gin and to leverage trends like premiumization and mixology.

Who is the CEO of Rémy Cointreau and what did he say about the campaign?

CEO Eric Vallat stated that the campaign marks a major milestone in The Botanist's growth, aligning perfectly with their strategic plan.

When will Rémy Cointreau's advertising campaign for The Botanist be launched?

The campaign will launch during the Super Bowl, a major television event in the United States.

What support will the advertising campaign provide to the hospitality industry?

The campaign aims to support the hospitality industry, a long-standing partner since The Botanist was introduced in 2014.

REMY COINTREAU UNSP/ADR

OTC:REMYY

REMYY Rankings

REMYY Latest News

REMYY Stock Data

5.03B
509.43M
0%
Beverages - Wineries & Distilleries
Consumer Defensive
Link
United States of America
Cognac