Pernod Ricard Cuts Sales Guidance Over China Cognac Slump
Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher.
Pernod Ricard Lowers Guidance on China Deterioration, Trade Uncertainty
The liquor group lowered its expectations for its fiscal year, citing trade tensions and other uncertainties that continue to hit the spirits industry.
Tariffs Threaten Pernod Ricard's Global Spirits Sales
Pernod Ricard faces an annual 200 million euros loss due to tariffs imposed by China and potential tariffs by the United States. The company has revised its future outlook and implemented mitigation measures,
Global tariff threats could deal $207 million blow to Pernod Ricard
China has already imposed temporary tariffs on European brandy imports, hurting Pernod's sales of its Martell cognac brand
Pernod Ricard cuts sales outlook on tariff uncertainty
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. The French spirits group,
Drinks maker Pernod cuts sales forecast on poor outlook for China
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 expected a low single-digit decline in sales for 2025,
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The Craftsmanship Behind L’Or de Jean Martell Zodiac Edition – Assemblage du Serpent
Martell’s Brand Ambassador Jérémy Marcelino and Master Blender Aldrick Dehec discuss what goes into making this incomparable ...
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Martell Partners with Christie's to Auction a "1 of 1" 72 Years Old Cognac
Martell, the oldest of France's great cognac houses, founded in 1715, is partnering with the famed auction house Christie's to release one of the most coveted cognacs in its 258-year history ...
Exclusive-Pernod Ricard Considers Sale of Mumm Champagne, Sources Say
Pernod acquired G.H.Mumm in 2005. It was founded in 1827 in the Champagne region of the country and launched Mumm Napa in ...
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Announcement of the 2025 L’Or de Jean Martell ‘Zodiac Edition’ Cognac
Arriving just in time for Chinese New Year, it represents the ultimate indulgence for cognac connoisseurs. L’Or de Jean Martell Zodiac Edition – Assemblage du Serpent; unveiled on January 9 at an ...