INSANE: Pernod - The Real Truth

Pernod Ricard blames weak US, Chinese markets for 26% profit fall

Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover linked to currency fluctuations.

The Economic Times · Aug 27

FSSAI inspects Pernod Ricard plant, collects whisky samples in wider industry probe

Pernod Ricard's Bengaluru plant was inspected by India's food safety regulator, with officials collecting liquor samples and seeking documents as part of heightened scrutiny of the country's alcohol sector. Sources said the company was asked to improve hygiene and correct recycled-plastic markings, though no adverse findings have been issued against…

The Economic Times · Aug 19

Global liquor companies chase Indian state dues of $400 million

Alcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies supply to state-run depots, relying on government payments. New dues are paid early, but old debts pile up. This creates a risk of bad debts for the industry. The state government…

The Economic Times · Jun 12

As tariffs bite, Deutsche Bank rises to rejoin Europe’s top index

The top lender’s return to the Euro Stoxx 50 after seven years marks a symbolic revival for Europe’s banks, as tariff-hit giants Stellantis, Nokia and Pernod Ricard are forced out.

Euronews · Sep 2, 2025

Marseille fans cry foul as iconic pastis maker Ricard teams up with bitter rivals PSG

Dispirited fans of Olympique Marseille have vowed to stop drinking the beloved anise-flavoured aperitif after beverage giant Pernod Ricard announced a commercial partnership with football rivals Paris Saint-Germain, sparking a heated row that has drawn in the mayor of France's second-largest city.

France 24 · Sep 4, 2024

Well-known Aussie wine brands offloaded by French owner

Pernod Ricard has sold most of its portfolio of international wine brands, including Australia's Jacob's Creek, Orlando and St Hugo, to a consortium.

AAP · Jul 17, 2024

Pernod Ricard sells Jacob’s Creek and other big wine brands

Paris-based company will focus on spirits such as Absolut and Beefeater as well as champagne

The Guardian - UK · Jul 17, 2024

France’s Pernod Ricard contests huge tax bill for Indian liquor imports

French liquor giant Pernod Ricard has asked an Indian court to strike down a government order to pay €251 million for allegedly undervaluing some of its imports for a decade in a bid to avoid India's stiff duties on imported spirits.

Radio France Internationale · Oct 15, 2022

French liquor giant asks India to cut taxes on imported spirits

France’s Pernod Richard has urged India to reduce taxes on foreign liquor, saying the levy is keeping brands beyond the reach of consumers. The appeal came after several states offered rebates to rake in revenue from spirits.

Radio France Internationale · May 7, 2022