Pernod Ricard sales grow 11% in Q1

Pernod Ricard has released its sales and results for Q1 FY23, with sales totalling €3,308 million and an organic growth of +11%.

Pernod Ricard to acquire majority stake in Código 1530

Strengthening its agave portfolio, Pernod Ricard has announced the signing of an agreement for the acquisition of a majority shareholding of Código 1530 Tequila, a range of ultra-premium tequila.

Pernod Ricard sales increase 17% in FY22

Pernod Ricard has released its FY22 Results, showing that sales grew organically by 17% in 2022, equalling €10.7m, with sales growing by double digits across each of its regions and spirit categories.

Elixir Distillers to buy Pernod Ricard’s Tormore Distillery

Elixir Distillers has signed an agreement to buy the Tormore distillery and brand from Pernod Ricard.

Pernod Ricard reports strong H1 growth

Surging demand for premium spirits powered Pernod Ricard’s 17% year-on-year sales growth in the six months to December 31, 2021.

Pernod Ricard UK expands its portfolio with new super-premium Kentucky whiskies

Pernod Ricard UK has expanded its American whiskey portfolio with Rabbit Hole making the UK the first European market to launch the brand.

Brands Report 2022: Mezcal

Pernod Ricard’s Del Maguey is still the dominant force within the mezcal sector. Its flagship Vida expression can be found in the best bars around the world and its green bottle is fast becoming one of the most recognised in the agave industry.

Pernod Ricard sells armagnac brands to Alexander Stein's Cloudsweeper

Pernod Ricard has completed the sale of a majority stake in Société des Produits d’Armagnac (SPA) to Cloudsweeper, an entity owned by entrepreneur Alexander Stein.

Pernod Ricard unveils China malt distillery The Chuan

Pernod Ricard has unveiled its new $150m malt whisky distillery called The Chuan in Emeishan, China.

Pernod Ricard buys The Whisky Exchange

Spirits giant Pernod Ricard has signed an agreement to acquire The Whisky Exchange from founders Sukhinder and Rajbir Singh.

Pernod Ricard to acquire The Whisky Exchange

Pernod Ricard has announced the acquisition of online retailer The Whisky Exchange for an undisclosed fee.

Pernod Ricard invests in Luc Belaire producer Sovereign Brands

Pernod Ricard has taken a minority stake in the New York-based wine and spirits producer Sovereign Brands.

Pernod Ricard declares +9.7% organic sales growth FY21

Pernod Ricard has announced organic sales growth of +9.7% for FY21 totalling €8,824m with increased sales in all regions.

Pernod Ricard UK launches wine brand for dog lovers

Pernod Ricard UK has launched Leaps & Bounds, a new range of Australian wines inspired by dogs.

Pernod Ricard increases profit guidance to 16%

Pernod Ricard’s share price increased 2% this morning after the firm raised its profit growth estimate following “greater than expected business dynamism”.

Pernod says wine business will not meet Marlborough Sauvignon Blanc demand

Pernod Ricard says its New Zealand wine brands Brancott Estate and Stoneleigh will be unable to meet global Marlborough Sauvignon Blanc supply this year after one of the smallest New Zealand harvests in 10 years.

Pernod Ricard sees 1.7% organic growth for first nine months of FY21

Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.

Pernod Ricard launches Ballantine's Light and Beefeater Light

Pernod Ricard has ramped up its focus on the low-alcohol category by launching 20% abv variants of Ballantine’s Scotch whisky and Beefeater gin.

Pernod Ricard recovery gathers pace in Q1

Resilient off-trade sales in the USA and Europe helped Pernod Ricard rally during the first quarter of fiscal 2021.

Former Pernod Ricard execs create botanical rum

Former Pernod Ricard executives Laurent Lacassagne and Patrick Venning have launched a botanical rum after setting up a micro-distillery in London’s Brixton Market.

Pernod Ricard reopens Beefeater and Plymouth Gin distilleries

Pernod Ricard will reopen its Beefeater and Plymouth Gin distilleries to the public for tours this week.

Pernod Ricard improves outlook for full-year profits

Pernod Ricard now expects the decline in full-year profits to be less severe than initially anticipated as a result of cost control and resilient sales.

Pernod Ricard boycotts Facebook and builds app to combat social media abuse

Pernod Ricard has become the latest major company to halt advertising on Facebook and Twitter in a bid to stop the spread of hatred and misinformation.

Pernod Ricard launches free online bartender courses via UN partnership

Pernod Ricard has teamed up with the United Nations to offer a series of free online training modules to help budding bartenders become mixology maestros.

Pernod Ricard sales decrease 15% due to Covid-19 disruption

Pernod Ricard has revealed a 15% organic decline in sales for the three months to March 31.

Pernod Ricard India pledges Rs 15 cr to support COVID-19 fight

Pernod Ricard has pledged Rs 15 crore ($2 million) to boost healthcare facilities across India as it prepares to battle the coronavirus outbreak.

Pernod Ricard launches first global corporate campaign

"Be A Convivialist!”

Diageo wants more from China

Diageo wants China to contribute 5% of sales in the next 10 years, reports Bloomberg News.

Pernod flags up possibility of new whisky distillery

Chivas Brothers boss Christian Porta has told journalists and analysts today that the next significant development for its scotch whisky business will be to build a new distillery.

Pernod posts best growth since before recession

Pernod Ricard has achieved its highest-level of growth since before the global recession, thanks to strong sales in Asia and a rallying performance in mature markets.  

Ballantine’s 40 Year Old rolls out

Pernod Ricard's whisky and gin arm Chivas Brothers has rolled out Ballantine’s 40 Year Old across "significant" Asian markets.

Patrick Ricard dies aged 67

Patrick Ricard the titular head of the Pernod Ricard family, has died. He was 67. Cause of death has not been disclosed but it is believed to be a heart attack.

Cuban rum to gain geographical denomination

Havana Club owners Cuba Ron and Pernod Ricard are lobbying for the creation of a geographical denomination for Cuban rum.

Pernod turns up the volume

Credit to Pernod. The company has done a fine job this week in extolling the success of scotch whisky around the world and in telling important opinion formers that the company is best placed to capitalise on that thirst and in doing so earn lots of money for the company, its suppliers, customers, not forgetting its investors.

Pernod raises the stakes

Pernod Richard is raising the stakes in scotch whisky after a week in which it hosted a ‘Capital Markets Day’ of presentations up at its flagship Glenlivet distillery on Speyside.

Pernod expands US headquarters

Pernod Ricard USA is to move its US headquarters to Park Avenue in Manhattan.

UK: Pernod appoints new wine director

Pernod Ricard UK has promoted Chris Ellis to the role of commercial director of wines, with effect from July 1, 2012. 

Pernod refinances debt from Vin&Sprit purchase

Pernod Ricard, supported by 25 banks, has signed a new €2.5 billion, five-year multi-currency revolving credit facility.

US: Pernod adds Pineapple to Seagram's range

Pernod Ricard USA has extended the flavoured range of its Seagram's Gin brand with the addition of Pineapple Twisted.

Malibu Sunshine to rise in spring

Pernod Ricard has announced the launch of Malibu Sunshine, a citrus edition of the rum and coconut liqueur.

Pernod Ricard UK announces initiative to drive premium wine sales

Pernod Ricard UK has unveiled an initiative titled ‘Building Premium Wine Brands’, to bring growth back to the UK light wine sector.

Pernod CEO rues Havana Club stagnation

Pernod Ricard’s CEO Piere Pringuet has spoken out about Havana Club’s flat half-year sales growth, branding its performance “disappointing”.

Absolut London makes timely arrival

Pernod Ricard UK is hoping the release of Absolut London in time for the Olympics and the Queen’s diamond jubilee will lift sales of the brand by 10%.

Pernod posts 11% sales and 20% net profit increases

Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.

Pernod launches special edition Martell cognac

Pernod Ricard has launched a new expression of its Martell cognac to celebrate the 100th anniversary of Martell Cordon Bleu. Cordon Bleu Centenary limited edition has launched in Asia duty free.

Pernod Ricard and Southern strike Washington deal

Pernod Ricard USA has announced the appointment of Southern Wine & Spirits of America as its spirits and wine distributor in the state of Washington.

Pernod Ricard UK announces senior appointments

Pernod Ricard UK has announced the following senior appointments within its executive committee and senior management group with immediate effect.

Pernod pairs Jacob's Creek with Andre Agassi

Pernod Ricard has announced a marketing partnership between Jacob’s Creek and former tennis player Andre Agassi.

Pernod rolls out Redbreast 12 Cask Strength to US

Pernod Ricard will release Irish whiskey Redbreast 12 Cask Strength to the US in February, following the expression’s September launch to Ireland, Germany and France.

Pernod targets US for Absolut Gräpevine and Miami

Pernod Ricard has furthered its line of Absolut Vodka flavours with the launch of Miami and Gräpevine to the US market.