Pernod Ricard is considering selling its G.H. Mumm champagne brand to focus on premium spirits. Working with Rothschild & Co, they target a sale price over three times the brand's annual sales. The ...
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 ...
A worsening context in China and the economic and geopolitical uncertainties that are hampering the spirits market mean Pernod Ricard no longer expects sales to return to growth in the year to June.
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.
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