The house of Cognac Rémy Martin, a subsidiary of Rémy Cointreau, made the decision to place several hundred partial unemployment employees one week a month until June, due to the American customs duties but also of the Chinese anti -dumping measures. © Igor Golovniov/Sopa Images/Lightrocket/Getty Images – Faced with American customs duties and Chinese anti -dumping measures, Rémy Martin has taken on a radical measure. Save save Receive Remy Cointreau alerts faced with American customs duties and Chinese anti -dumping measures, French cognac is currently going through an unprecedented crisis. Heavily penalized on their main markets in the world, actors in the sector are now forced to take difficult measures. Thus, the house of Cognac Rémy Martin, a subsidiary of Rémy Cointreau, has decided to place several hundred employees in partial unemployment one week a month until June, we learned this Wednesday April 16 from union source, as BFMTV relays. Two thirds of the 390 employees of the Merpins site, in Charente, are concerned with this stop of the traffic jam, specified to AFP David Charrier, union delegate force Ouvrière, confirming information from the daily Charente Libre. These employees will therefore see their monthly salary amputated by 7%. In addition, this measure is scheduled for three months, renewable “if the situation were to last”, specifies the trade unionist, who is also worried about the many temporary workers usually working for Rémy Martin to read also: Pernod Ricard resists despite a “very moving” environment on customs duties 50 million euros in losses per monthls Chinese and American markets represent about 80% of the turnover of Rémy Martin. The director general of Rémy Cointreau, Éric Vallat, in office for 5 years, resigned last week from his functions at the head of the group of spirits. “I’ve been at Rémy for 30 years. I have known the complicated years when there have been crises, but we never had crises that took the two biggest markets, “notes David Charrier.Remy Martin is the first of the three major cognac houses (with Hennessy and Martell) to apply such a measure in the crisis in the sector. Since mid-November, Beijing has imposed on importers of European Brandys (winewater, mainly cognac) to deposit with Chinese customs a deposit, in retaliation for a European procedure targeting the state subsidies enjoyed by electric vehicles manufactured in China. Read also: Customs costs: calculation, amount and declaration These measures have hardly impacted the French cognac sector, which claims to lose 50 million euros per month since their establishment. With 72,500 jobs in the country, it is particularly dependent on exports, which represent 98% of its sales, for an amount of 3.35 billion euros, with the United States as the first customer (38% of shipments), ahead of China (25%). Receive our latest news every day, selecting the main news of the day. (tagstotranslate) Remy Cointreau
