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Pernod Ricard doesn't need China to find Q1 growth stories - Analysis
2015-10-23 17:03:44| Daily beverage news and comment - from just-drinks.com
It has been more than a year since Cognac makers such as Pernod Ricard stopped estimating how long it will be before their China markets turn around. The downturn has lasted far longer than these companies expected, and yesterday Pernod's CFO Gilles Bogaert risked little when he predicted that this fiscal year in the country is likely to be similar to the previous one.
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