Pernod confident over Asia while Jacob’s Creek sells well in China
No acquisition plans yet for baiju brands
04 June 2019 - 19:03
Paris — Drinks group Pernod Ricard, being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob’s Creek brand.
Pernod, the world’s second-largest spirits group after Diageo, said it was “uniquely positioned” to quench a thirst for premium drinks, from a fast-growing, affluent middle class in Asia...
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