According to results released on Aug. 27, Pernod Ricard generated net sales of €9.404 billion in fiscal 2026. On an organic basis, excluding currency movements, acquisitions and disposals, sales declined 3.9%. Read More
Martell
Chinese authorities say smugglers used “parallel traders” to funnel premium spirits and cigars from Macau into the mainland, evading more than RMB 3.16 million in taxes amid widening cross-border price gaps. Read More
A total of 34 listed companies — including leading brands such as Rémy Martin, Hennessy, and Martell — will be exempt from anti-dumping tariffs as long as they sell their products in China at or above agreed minimum prices. Read More
China and French brandy producers have reached a preliminary agreement on pricing, a key development in Beijing’s anti-dumping investigation into European brandy imports that signals easing tensions between the two sides. Read More
Authorities in Zhuhai, Guangdong have uncovered a massive wine and spirits smuggling operation, with over 1 million bottles seized. Read More
This price hike marked its first price adjustment in China since the government imposed anti-dumping measures on European brandy imports earlier this year. Read More
China’s Ministry of Commerce announced on Monday it will impose anti-dumping deposits ranging from 30.6% to 39.0% on brandy imported from the European Union, starting from October 11. Read More
Leading French alcohol industry associations have voiced strong protest over the "unjustifiable" duties on EU brandies and urged European and French authorities to resolve the issue within two months. Read More
China’s Ministry of Commerce announced Tuesday that it will not impose immediate anti-dumping duties on European Union brandy imports, despite finding that the products are being dumped in the Chinese market with margins ranging from 30.6% to 39.0%. Read More
This week, China will hold a hearing on the EU brandy anti-dumping investigation, paving the way for final announcement on punitive tariffs. Read More