The French liquor group lowered its expectations for its fiscal year, citing trade tensions and other uncertainties that ...
A worsening context in China and the economic and geopolitical uncertainties that are hampering the spirits market mean Pernod Ricard no longer expects sales to return to growth in the year to June.
China has already imposed temporary tariffs on European brandy imports, hurting Pernod's sales of its Martell cognac brand ...
Suntory Holdings CEO Takeshi Niinami said the company would need “to be more focused on the US to sell American whiskey.” ...
Industry experts believe that if the election results align with the exit polls, the sector could see a much-needed respite.
Pernod and European Union rivals such as Remy Cointreau are among the first corporate casualties of a growing global trade ...
Tariffs imposed by China and the United States could deal an estimated €200 million (RM919 million) blow to Pernod Ricard’s ...
Pernod Ricard faces an annual 200 million euros loss due to tariffs imposed by China and potential tariffs by the United ...
Pernod Ricard, the French-listed drinks group that owns Jameson whiskey, has revised its outlook for the year downwards amid ...
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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.