Tag Archive: Pernod Ricard
News Briefs for March 4, 2025
•Diageo’s Orphan Barrel has introduced Fanged Pursuit Kentucky Straight Bourbon Aged 17 Years. Continue reading →
Posted in News on March 4, 2025Pernod Reportedly Mulls Sale Of Mumm Champagne
After selling its international wine business to Accolade Wines and partners last year, Pernod Ricard is reportedly considering selling its Mumm Champagne brand. Reuters reported that Pernod has enlisted Rothschild & Co. to explore a potential sale, which could fetch €600 million ($619m), or three times’ Mumm’s annual revenues. Continue reading →
Posted in News on February 10, 2025Pernod Posts U.S. Decline But Sees Second-Half Improvement
Pernod Ricard released results for its fiscal first half ended in December unexpectedly this morning, with the company posting sales down 4% organically to €6.2 billion ($6.4b), and profit from recurring operations showing a decline of 2% to €2 billion ($2.1b). Continue reading →
Posted in News on February 6, 2025News Briefs for January 28, 2025
•On Friday a federal district court judge in Virginia agreed with the U.S. Patent and Trademark Office (USPTO) and Pernod Ricard partner Cubaexport in dismissing Bacardi’s lawsuit against the USPTO for renewing Cubaexport’s trademark for Havana Club. Continue reading →
Posted in News on January 28, 2025Cognac’s Leading Players Plot Category Rebound
Cognac has seen its share of challenges lately, impacted not only by slower drinks consumption overall but also a marked migration of consumers toward Tequila, which continues to attract more multicultural fans. Continue reading →
Posted in News on December 18, 2024Blended Scotch Brands Innovate, Premiumize To Find New Audiences
While blended Scotch whisky has seen a slowdown in the U.S. lately, marketers point to premiumization as a saving grace, with some super-premium and luxury brands or expressions bucking the downward trend. Continue reading →
Posted in News on November 19, 2024
