China: latest retail news, insights and analysis | ESM Magazine

Coronavirus Likely To Impact Alcoholic Drinks Firms' Profits: Moody's

Rémy Cointreau, Pernod Ricard and Diageo are among the companies that could see a profit hit in the coming months from the Coronavirus outbreak, whi...

AB Inbev Temporarily Suspends Production At Wuhan Brewery

Beer giant AB Inbev has said that it has temporarily suspended production at its Wuhan brewery, in China, according to Reuters. The Budweiser maker said...

Pernod Ricard Announces Strategic Partnership With Wuliangye

Spirits giant Pernod Ricard has signed a strategic cooperation memorandum of understanding with Wuliangye International (HK) Limited in Sichuan, one of Chi...

Pernod Ricard Q1 Sales Growth Slows As China And India Decelerate

French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, posted a 1.3% rise in first-quarter underlying sales, reflecting...

Pernod Ricard Breaks Ground On China’s First Malt Whiskey Distillery

Pernod Ricard has commenced the construction of China's first malt whiskey distillery, in Emeishan, Sichuan province. The state-of-the-art distillery is...

Pernod Ricard Profit Growth Accelerates, Launches Share Buyback

French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, launched a share buyback programme and announced new investments...

Portugal's Super Bock Group Sees Sales Decline Due To Market Slowdown

Portuguese brewing and soft drinks company Super Bock Group (SBG) has reported a 1.4% drop in sales in 2018, compared to the previous year, to €458 mi...

Pernod Confident On Asia, Jacob's Creek Selling Well In China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, sounded confident over its growth prospects in Asia including for wines s...