Pernod Ricard is furthering its US presence with the purchase of Avión Tequila

Pernod Ricard acquires majority stake in Avión Spirits as it targets US for growth

14 Jul 2014 | By Erin Smith

Pernod Ricard has made its second major acquisition this year with its almost $100 million investment to acquire an 84% stake in Avión Spirits.

Diageo

Tough fiscal year end closes for drinks industry's biggest players

26 Jun 2014 | By Erin Smith

There won’t be many corks popping across the drinks industry this week as the summer marks what has been tough fiscal year for the sector dominated by a slowdown in growth in China.

Pierre Pringuet, chief executive officer, Pernod Ricard

Pernod Ricard posts €127m net sales loss in Q3

24 Apr 2014 | By Erin Smith

Pernod Ricard, which released its Q3 financials today, posted a net sales loss of €127 million for the nine months of the 2013/2014 financial year, which is down 7% compared to last year for the same period, primarily due to heavy declines in Asia and other emerging markets.

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