Target market: gangsta rappers and the Chinese nouveaux riches. How times have changed for cognac, the spirit which used to be the preserve of aging white men. Rémy Cointreau, which released results on Tuesday, has managed both trends nicely. U.S. sales growth was 15 per cent in the first half of the year, but the real star of the show is China, where Rémy’s top-end brands appeal to those who want to show off their wealth. Its Louis XIII brand, which retails at $2,500 (U.S.) per bottle, is selling particularly well. The company has a 60-per-cent share of the premium “extra” segment of the Chinese cognac market.