Pernod Ricard

China Woes Drag Down Pernod Ricard First Quarter Sales

Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter s...

Pernod Ricard Acquires Stake In F1 Star Lewis Hamilton's Almave Brand

Pernod Ricard has acquired a minority stake in Almave, a non-alcoholic, blue agave-based spirits brand.

Cognac Industry Breathes A Sigh Of Relief, But Industry Not Out Of Woods Yet

Europe's cognac industry will be "breathing a sign of relief" after China opted out from imposing a provisional anti-dumping subsidy on brandy im...

Pernod Ricard's Annual Sales Fall 1% In Line With Estimates

France's Pernod Ricard reported a 1% fall in full-year organic sales, largely in line with forecasts and its own guidance.

India Plans Tougher Ad Curbs On Liquor Makers Such As Carlsberg, Diageo, Pernod

India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of events.

Pernod Ricard Offloads Bulk Of Wine Unit To Focus On Spirits

Pernod Ricard has agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus...