A drink with… Brendan Buckley, Irish Distillers

The international marketing director talks about building the world’s leading Irish whiskey brand, personal passion projects and preparing for the future. *This feature was originally published in the December 2019 issue of The Spirits Business How did you start working in the Irish whiskey industry? I started working in a sales and marketing capacity with a start‐up in the early ’90s that was building Irish bars around the world. I then lived and worked in…

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Pernod takes full ownership of Monkey 47

French drinks group Pernod Ricard has continued its acquisition spree by purchasing the remaining stake in Monkey 47 gin for an undisclosed sum. Pernod Ricard initially bought a majority stake in Monkey 47 in 2016 and is now the sole owner of the ultra-premium brand. Alexandre Ricard, chairman and CEO of Pernod Ricard, said: “This partnership is a clear example of Pernod Ricard’s ability to incubate small independent distilleries while respecting entrepreneurial freedom and the…

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Pernod CEO on coronavirus: ‘We don’t know how this will pan out’

Alexandre Ricard, CEO of Pernod Ricard, said it is too early to tell how coronavirus would impact the group, but warned it would hit its “biggest heavyweight brands in China”. Speaking during a briefing last week for Pernod Ricard’s H1 results, Ricard said: “There’s no doubt that the Covid-19 situation will have a negative impact on Chivas. Chivas and Martell are our two biggest heavyweight brands in China and travel retail, specifically.” “I don’t think…

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How coronavirus will affect the spirits industry

The window to contain a dangerous new strain of coronavirus seems to be almost entirely shut. With traveller numbers to China down, The Spirits Business investigates the impact the illness could have on the long-term health of the spirits sector. The Chinese Grand Prix, the Mobile World Congress and the Asia leg of rapper Stormzy’s tour are just a few events that have been cancelled or postponed because of the potentially fatal coronavirus (Covid‐19) outbreak,…

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Pernod Ricard predicts 2% dip in FY sales after coronavirus

French firm Pernod Ricard has reported an organic sales growth of 2.7% in the first half of its fiscal year, and expects a 2% sales decline for FY2020 after the coronavirus outbreak. In the six months to 31 December 2019, Absolut vodka owner Pernod Ricard saw reported sales grow by 5.6% to €5.47 billion (US$5.95bn). Organic profit grew 4.3% to €1.78bn (US$1.93bn), while free cash flow sits at €570 million (US$620.4m). “H1 FY20 demonstrated solid…

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