Coronavirus could a take toll on Remy Cointreau, Pernod Ricard profits- Moody's
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(Reuters) - Europe's biggest spirits companies could see a profit hit in the coming months from the Coronavirus outbreak, which is crimping tourism, retail and duty-free sales, and creating supply disruptions across China, according to a Moody's report.Remy Martin cognac maker Remy Cointreau and Chivas Regal whisky maker Pernod Ricard may suffer more than rivals because of their high exposure to the Chinese market and especially after celebrations were canceled for the Chinese New Year, one of..