Australia’s second-largest wine group, Accolade Wines, will merge with Pernod Ricard’s Australian, New Zealand, and Spanish wine businesses for an undisclosed amount. The deal aims to strengthen the combined entity's position amid industry challenges facing wine. Read More
Pernod Ricard
China is expected to announce provisionary punitive tariffs on European brandy as early as August, marking the first time state media has provided a timeline for the decision, after launching an anti-dumping probe into EU-produced brandy five months ago. Read More
China's Commerce Minister Wang Wentao said the country's anti-dumping investigation into European Union brandy isn't targeting any specific member state, though France is by the biggest brandy producer and exporter to China. Read More
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
The French drinks giant Pernod Ricard is reportedly mulling a sale of its Australian and New Zealand wine portoflio including its crown jewel Jacob’s Creek. Read More
French drinks giant Pernod Ricard is planning to raise prices for its drinks due to inflation pressure and stablized demand for spirits in its top markets in the US and China. Read More
Drinks giant Pernod Ricard reported record year of sales and profits in 2022, driven by strong, balanced and diversified growth but its wine category is lagging behind. Read More
Huawei founder gave his starkest warning on local and global economy, raising alarm for the country's business community, while leading Baijiu companies are eyeing whisky for the next growth opportunity. Read More
Champagne exports to China last year have hit record levels since 2018, and here's why. Read More
Pernod Ricard, one of the biggest spirits companies in the world, is temporarily relocating its executives outside of Hong Kong, as the city clings onto its self isolation in face of record-breaking Covid cases. Read More