Pernod Ricard Mezcal, tennis & grog, posh wine

Pernod Ricard Mezcal, tennis & grog, posh wine

Prickly investment A report in The New York Times 7 June says Pernod Ricard (PR) has bought a majority stake in Del Maguey Single Village Mezcal. Mezcal is distilled from any type of agave plant native to Mexico, unlike tequila, which comes only from blue agave. Del Maguey makes a great deal of its single-village […]

Pernod Ricard slimming down, expenses, brands

Pernod Ricard slimming down, expenses, brands

Slimming program Pernod Ricard (PR) continues its slimming program of staff cuts, tightening expenses and offloading minor non-core brands. About 75 per cent of the company’s income comes from 37 premium brands, the top 14 being: Two global icons: Absolut vodka and Chivas Regal Scotch whisky. Seven strategic premium brands: Ricard pastis, Ballantine’s whisky, Jameson […]

Constellation in Canada & Pernod in China

Constellation in Canada & Pernod in China

Constellation floating in Canada News is circulating that Constellation Brands is getting closer to floating its Canadian wine business and has put a value of C$1 billion ($1.05 billion) on the business. It’s said the company will list on the Toronto Stock Exchange in the autumn. It will join Corby Spirit and Wine Ltd (CSW), […]

4 February 2016 – TKR Editorial

4 February 2016 – TKR Editorial

The Australian Open is over and Mr Djokovic and Ms Kerber have taken home $3.85 million each for winning the singles titles. Mr Murray and Ms Williams got a mere $1.9 million each for coming second. The total prize money amounted to $44 million. It’s a huge amount and those that contribute to the pot […]