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Pernod Ricard, champagne and G. H. Mumm

Exclusive: Pernod Ricard considers sale of Mumm champagne, sources say

Pernod Ricard is exploring a sale of its champagne brand G.H. Mumm, according to five sources familiar with the matter, as it looks to focus on premium labels in its portfolio.

GlobalData on MSN · 4d

Pernod Ricard cuts sales forecast

Pernod Ricard is now expecting its annual net sales to fall on an organic basis. The Jameson and Martell owner, which had forecast its full-year organic net sales would return to growth, changed its outlook today (6 February) alongside the earlier-than-expected publication of its half-year results.

The Grocer · 3d

Pernod Ricard mulls sale of Mumm champagne

Pernod Ricard was not in a financial position that meant it needed to sell GH Mumm, the source said. Therefore, any sale would be conditional on the arrival of an offer that met its valuation of the brand, they added.

devdiscourse · 3d

Pernod Ricard Considers Sale of G.H. Mumm Champagne Brand

Pernod Ricard is considering selling its G.H. Mumm champagne brand to focus on premium spirits. Working with Rothschild & Co, they target a sale price over three times the brand's annual sales. The decision aligns with their strategy to streamline and enhance value amidst challenging market conditions.

11h

Jefferies Sticks to Their Buy Rating for Pernod Ricard (0HAT)

Jefferies analyst Andrei Andon Ionita maintained a Buy rating on Pernod Ricard (0HAT – Research Report) today and set a price target of ...

Global tariff threats could deal $207 million blow to Pernod Ricard

Tariffs affecting cognac sales in China and threatened U.S. levies on Canada, Mexico and the European Union would deal an ...

4don MSN

Pernod Ricard Lowers Guidance on China Deterioration, Trade Uncertainty

The French liquor group lowered its expectations for its fiscal year, citing trade tensions and other uncertainties that ...

19h

Pernod Ricard (0HAT) Receives a Buy from Goldman Sachs

Goldman Sachs analyst Olivier Nicolai maintained a Buy rating on Pernod Ricard (0HAT – Research Report) today and set a price target of ...

4don MSN

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 ...

GlobalData on MSN3d

Pernod Ricard anticipates “gradual but prudent” recovery in China, US

Speaking to analysts, CEO Alexandre Ricard said the company was seeing "a record low consumer confidence level".

DFNI online19h

Pernod Ricard Singapore releases new Royal Salute expression in travel retail

Part of the Royal Salute 62 Gun Salute Collection, the Peated Reserve is available exclusively in duty free airports ...

devdiscourse3d

Pernod Ricard Considers Divesting G.H. Mumm Champagne

Pernod Ricard is considering selling its G.H. Mumm champagne brand as it aims to concentrate more on its premium offerings. The French spirits company is working with Rothschild & Co for potential ...

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