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Pernod Ricard says Chinese sales improving

2015-03-26 09:58:05| Beverages - Topix.net

Pernod has been hit by a government crackdown on luxury gift-giving and personal spending by civil servants in China Like rivals Diageo and Remy Cointreau, Pernod has been hit by a government crackdown on luxury gift-giving and personal spending by civil servants in China, as well as by slowing economic growth in the world's second-biggest economy. Sales of Pernod Ricard products from wholesalers to retailers in China rose 7% year-on-year by volume in the three months from December to February, the company said.

Tags: sales chinese improving ricard

 

Pernod Ricard extends India borrowing facility

2015-03-23 16:03:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has confirmed that its India unit has increased its banking overdraft facility, but has declined to give a specific reason for the move.

Tags: india facility extends borrowing

 
 

Pernod Ricard queries nutritional label use

2015-03-20 16:23:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has said nutritional labels on alcohol are not the best way to give consumers information.

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Illva Saronno boosts Global Travel Retail team with Pernod Ricard hire

2015-03-20 14:01:00| Daily beverage news and comment - from just-drinks.com

Illva Saronno has poached a senior Pernod Ricard executive to head up its global Travel Retail team.

Tags: travel team global retail

 

Beam Suntory drops Pernod Ricard for Bacardi in Brazil

2015-03-10 14:36:08| Beverages - Topix.net

Bacardi has provided further details on last week's announcement that its Brazilian division will handle the sales and distribution of Beam Suntory 's brands in the country. On Friday, Bacardi confirmed it will handle the Suntory Holdings-owned unit's brands in the country going forward .

Tags: brazil beam drops ricard

 

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