Exports were 4% lower in 2024 on year, according to the French Association of Wine and Spirits Exporters, which cited a ...

Pernod Ricard is also focusing on premiumization, which we think will be a long-term tailwind to both revenue and margins. This involved shedding noncore assets such as strategic wines, while ...

In its first-half figures for its fiscal 2025, released earlier than expected on Thursday, Pernod Ricard cut its annual net ...

Pernod acquired G.H.Mumm in 2005. It was founded in 1827 in the Champagne region of the country and launched Mumm Napa in ...

For ages, the industry has been talking about young people not drinking as much wine. The giant trade shows have upped their spirits games accordingly, with new halls dedicated the likes of vodka, gin ...

Leading drinks group Pernod Ricard today reported sales of €6,176 million for the first half of its financial year, with sales down -6% year-on-year on a reported basis.

Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.

It’s been another tough week for Europe’s beaten-down distillers.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateState Farm Seeks Emergency California Rate Hike ...

Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step ...

Pernod Ricard cut its sales forecasts for 2025 and beyond as tariffs weigh on the French spirits maker during an already ...

French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China, particularly for its Martell cognac brand. The company said it now ...

Sapphire Foods India , which operates Pizza Hut and KFC restaurants in the country, reported a better-than-expected quarterly ...