Pernod Ricard expects subdued spirits demand in the U.S. and China while India delivers stronger growth and supports the group’s global performance.
Pernod Ricard has withdrawn its legal challenge against India’s US$314 million tax demand and will instead pursue a statutory appeal in the ongoing Scotch whisky import dispute.
Pernod Ricard Nigeria and NAFDAC have reaffirmed their commitment to consumer protection, responsible business practices and stronger collaboration against counterfeit products.
India’s competition watchdog has ordered an investigation into Pernod Ricard over alleged retailer exclusivity arrangements and market distortion practices in New Delhi.
Pernod Ricard and Brown-Forman end merger talks after failing to agree on terms, shifting focus back to independent growth strategies amid ongoing consolidation speculation in the global spirits industry.