Louis XIII a high profit contributor for Rémy Cointreau, former director tells In Practise By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2025
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Source: Investing.com
Louis XIII's Profit Contribution: The former director of Rémy Cointreau revealed that Louis XIII cognac significantly contributes to the company's profits, with gross margins between 80% and 90%, and targets high net worth individuals through a specialized network.
Long-term Brand Strategy: The family behind Louis XIII focuses on long-term brand stewardship rather than immediate financial gain, aiming to pass the business to future generations while ensuring the product appreciates in value over time.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
