Hong Kong protests weigh on Remy Cointreau third quarter sales
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PARIS (Reuters) - French spirits group Remy Cointreau posted a worse-than-expected 11.3% fall in third quarter like-for-like revenues, as demand for cognac in Hong Kong was impacted by protests in the region.Slow stock replenishment in the United States also impacted Remy's third quarter performance.These negative factors more than offset a stronger performance in mainland China, where the Lunar New Year, a crucial moment for the drinks industry in that country, starts on Jan. 25. This year's..