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In its full-year results, released yesterday, Pernod Ricard posted a slight increase in sales, up 1% to EUR8.68bn (US$7.46bn), while net profits appeared to soar - up 43% on fiscal-15 to a historical high of EUR1.25bn.
On Thursday (1 September), Pernod Ricard will report its full-year results. Here, just-drinks takes a look at how the group has fared in its fourth quarter, the three months to the end of Jun.
This month, white spirits commentator Richard Woodard considers the present health - or lack thereof - of Pernod Ricard's flagship vodka brand, Absolut.
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.
Tareef Shawa joined Pernod Ricard in 2014, bringing with him luxury credentials from American Express's invitation-only Centurion division, as well as seven years at LVMH's Louis Vuitton as director of global client development. Speaking to just-drinks in London this week, the group's luxury & customer relationship management director discusses the concept of luxury, its role within Pernod and how to quantify the success of luxury events.
Pernod Ricard's Cognac unit, Maison Martell, is about to celebrate its 300th anniversary. just-drinks caught up with Philippe Guettat, Martell's CEO & chairman, to discuss how the party preparations are going, why China demand is at a crossroads and what lies ahead for the unit in Africa.
Pernod Ricard has said a Facebook advert for its Absolut vodka brand in South Korea has attracted largely positive reactions, despite reports from several news outlets of a backlash from consumers.
Mainstream vodka brands including Diageo's Smirnoff and Pernod Ricard's Absolut have strong growth potential in emerging markets, a new report has said.
Alcoholic drinks that use healthy cues will struggle to break into the mass market, according to analysts at Mintel.
Diageo's Johnnie Walker brand has consolidated its dominance of Global Travel Retail's spirits shelves, although Pernod Ricard's Absolut has been overtaken by Chivas Regal and Brown-Forman's Jack Daniel's, according to figures from The IWSR.
Pernod Ricard has forecast a low single-digit lift in profits for the next fiscal year, as the company reported steady sales in fiscal-2016.
Pernod Ricard will roll out several brands in Cuba, as it looks to capitalise on the country's growing tourism trends.
Pernod Ricard has released the latest limited edition bottle design for its Absolut vodka brand.
Pernod Ricard has announced further details of the new structure of its operations in the US, a market that the group considers key to its medium-term goals.
Pernod Ricard has admitted that Absolut has struggled in the US in the last few years, but improved sales in recent months have come from a stronger focus on Absolut's original flavour expression, the brand's marketing chief has told just-drinks.
Pernod Ricard's vodka arm, The Absolut Co, has partnered with a kitchen products and apps designer to help drinkers to create cocktails at home.
Pernod Ricard has confirmed the discontinuation of its Absolut Amber brand extension, as its replacement, Oak by Absolut, expands into Travel Retail.
Here's a round-up of this week's top stories in the spirits & wine categories. We also have similar round-ups for beer and soft drinks & water.
Pernod Ricard has said its Absolut brand is on course to stablise in the US despite continued double-digit sales falls for flavours.
Pernod Ricard has made several changes to its global marketing team as part of its "internal promotion and mobility policy".
Pernod Ricard has partnered its Absolut Elyx iteration in the US with non-profit organisation Water for People.
Pernod Ricard has launched a limited-edition range of Absolut vodka bottles called Absolut Electrik.
Here's a round-up of this week's highlights in the global spirits & wine categories. We are also running similar round-ups for beer and soft drinks & bottled water.
The international spirits category in China has embarked on a “new normal”, according to Pernod Ricard, with lower-priced offerings set to drive future growth.
Pernod Ricard has admitted that it needs to improve its marketing of Absolut in the US to connect with Millenial consumers as craft vodka continues to take share.
Pernod Ricard has reported operating profits within its guidance for fiscal-2015, although the Absolut brand was hit by an impairment charge in the period.
Canadian distributor Corby Spirit and Wine has partnered with mobile app Shazam to enable consumers to "interact with brands".
Here's a look at what was happening on this day in...
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