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Pernod Ricard on UK price increases, a rebounding Brazil and trouble in Turkey - Focus

30 Mar 2017

Yesterday, the head of Pernod Ricard's Europe, Middle East & Africa operations, Christian Porta, updated analysts on the group's performances in the regions, as well as reviewing Latin America. Here, just-drinks picks out the key themes, with commentary from analysts.

Martell reliance not a worry for Pernod Ricard in China - CEO - just-drinks Exclusive

14 Mar 2017

The CEO of Pernod Ricard has countered suggestions that the group has been over-reliant on its Cognac portfolio in China.

"If we stopped investing in places where we have headwinds, we'd stop investing everywhere" - Interview, Pernod Ricard CEO Alex Ricard - Part I

14 Mar 2017

Last month, the CEO of Pernod Ricard, Alex Ricard, was in London to discuss the group's half-year results. just-drinks sat down with Ricard following the press conference to look at both the numbers for the first six months of fiscal-2017 and Ricard's tenure so far, since assuming the leadership in early-2015. In the first part of our exclusive two-part interview, Alex considers Pernod's positions in India and China and shares his thoughts on pricing and the role it plays in a company's approach to premiumisation.

Will China's Millennials open the door for new brands in Travel Retail? - Analysis

14 Mar 2017

At the TFWA China's Century Conference in Guangzhou last week, speaker after speaker lined up to talk about the changing face of Chinese luxury consumerism. Gone are the days when premiumisation in China meant sticking some red and gold glint on the packaging and raising the price by 30%. When it comes to brand awareness, China's Millennials are much more savvy in their brand awareness than their parents.

Pernod Ricard rolls out Absolut Lime to UK

7 Mar 2017

Pernod Ricard has extended the recently-released lime variant of its Absolut vodka brand to the UK, as it looks to capitalise on what it claims is the growing popularity of citrus drinks in the country.

Pernod Ricard, Remy Cointreau pip Diageo, Gruppo Campari to Millennial dollar - analysts

13 Feb 2017

Pernod Ricard and Remy Cointreau are the best-placed spirits companies to appeal to Millennial consumers, according to a recent report.

Absolut price must hold firm in the US - Pernod Ricard CEO

10 Feb 2017

The CEO of Pernod Ricard has said the company must stand its ground on Absolut's pricing in the US, in the wake of increasing pressure from the vodka category.

Pernod Ricard H1 Fiscal-2017 - results data

9 Feb 2017

Earlier today, Pernod Ricard reported results for the first half of its fiscal-2017. Group sales rose by 4% in the six months to the end of December, while net and operating profits were up similarly. Here, just-drinks considers Pernod's results on a by-region and -brand basis.

The Vodka Category - Everything you need to know - just-drinks Spirits Essentials

7 Feb 2017

As part of our Spirits Essentials series, just-drinks and The IWSR present a comprehensive guide to the vodka category. Sourced from the joint Global Vodka Insights report, published in December, we look at both market and category trends for vodka globally, the performance of the key brands, as well as the challenges facing the category going forward.

What's coming up in spirits in 2017? - Predictions for the Year Ahead - Comment

19 Jan 2017

Following on from Chris Losh's look at the year ahead for wine and Stephen Beaumont's consideration of the future for beer, Richard Woodard looks at how the white spirits segment is shaping up for 2017.

"The worst thing you can do in luxury is send inconsistent brand messages" - Interview Tareef Shawa, Pernod Ricard luxury & customer relationship management director

12 Jan 2017

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.

The spirits category in 2016 - just-drinks' Review of the Year, Part II

23 Dec 2016

With 2016 drawing to a close, just-drinks looks back at the stories that have made the headlines across the global drinks industry. Here, deputy editor Lucy Britner picks out the highs and lows for the spirits category.

Pernod Ricard defends Absolut Korea's Facebook ad

13 Dec 2016

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.

Absolut, Smirnoff and their conflicting views on US Millennials - Analysis

7 Dec 2016

Chasing the Millennial consumer has been the mantra of many a drinks company is recent years - but it appears the end of the Millennial rainbow might not yield the only pot of gold.  

The President-Elect Trump effect on alcohol, the draw of local spirits and the vital role of the IR director - The just-drinks Analyst

2 Dec 2016

just-drinks is thrilled to welcome a new industry commentator to the fold. Until earlier this year, Ian Shackleton spent over 25 years as a beverages analyst with several major banks, including Credit Suisse, Lehman Brothers and Nomura. Now a principal at financial communications company Bell Pottinger, Ian will cast an analyst's eye each month over developments and issues affecting the drinks industry. This month, he looks at what the Trump effect could be, the prospects for the local spirits sector and the importance of the IR point-of-contact.

Diageo, Pernod Ricard set for vodka boost in emerging markets - analyst

13 Oct 2016

Mainstream vodka brands including Diageo's Smirnoff and Pernod Ricard's Absolut have strong growth potential in emerging markets, a new report has said.

Functional alcoholic drinks "a very hard sell" - analyst

10 Oct 2016

Alcoholic drinks that use healthy cues will struggle to break into the mass market, according to analysts at Mintel.

Johnnie Walker leads Global Travel Retail pack in 2015, but Absolut slumps - figures

21 Sep 2016

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.

Will "slow but steady" win the race for Pernod Ricard in the US? - Analysis

2 Sep 2016

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.

Pernod Ricard targets profits growth as FY sales hold firm - results

1 Sep 2016

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 Q4/FY 2016 results - Preview

30 Aug 2016

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.

Pernod Ricard launches Absolut, The Glenlivet, Royal Salute in Cuba

17 Jun 2016

Pernod Ricard will roll out several brands in Cuba, as it looks to capitalise on the country's growing tourism trends.

Pernod Ricard rolls out Absolut Mix limited edition bottle

17 May 2016

Pernod Ricard has released the latest limited edition bottle design for its Absolut vodka brand. 

Pernod Ricard updates on US changes

12 May 2016

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.

Absolut riding return of 'fun' in US - Absolut marketing VP

31 Mar 2016

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.

Is Pernod Ricard's Absolut dying in the US? - Comment

22 Mar 2016

This month, white spirits commentator Richard Woodard considers the present health - or lack thereof - of Pernod Ricard's flagship vodka brand, Absolut.

Pernod Ricard's The Absolut Company targets home cocktails

15 Mar 2016

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 puts focus on Oak by Absolut as Amber discontinued

14 Jan 2016

Pernod Ricard has confirmed the discontinuation of its Absolut Amber brand extension, as its replacement, Oak by Absolut, expands into Travel Retail.

Pernod Ricard doesn't need China to find Q1 growth stories - Analysis

23 Oct 2015

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.

This week in spirits & wine, featuring Diageo, Pernod Ricard and sparkling wine research

23 Oct 2015

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.

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