Champagne, G. H. Mumm and Pernod Ricard

Pernod Ricard examining Mumm Champagne sale
Pernod Ricard is weighing up the idea of offloading Champagne brand Mumm. The French group and its advisers are running the rule over a possible disposal, Just Drinks understands. A source familiar with the matter said the deliberations centre only on the Mumm brand and do not include Perrier-Jouët,
Pernod Ricard Considers Sale of G.H. Mumm Champagne Brand
Pernod Ricard is considering selling its G.H. Mumm champagne brand to focus on premium spirits. Working with Rothschild & Co, they target a sale price over three times the brand's annual sales. The decision aligns with their strategy to streamline and enhance value amidst challenging market conditions.
Pernod Ricard mulls sale of Mumm champagne
Pernod Ricard was not in a financial position that meant it needed to sell GH Mumm, the source said. Therefore, any sale would be conditional on the arrival of an offer that met its valuation of the brand, they added.
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell. The French spirits group,
Pernod cuts sales outlook as China's tariffs and weak economy bite
Pernod Ricard cut its sales forecasts for 2025 and beyond on Thursday as tariffs, especially affecting its Martell cognac brand in China, weigh on the French spirits maker during an already tough time for the industry.
Pernod Ricard Cuts Sales Guidance Over China Cognac Slump
Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher.
Exclusive-Pernod Ricard considers sale of Mumm champagne, sources say
Jo Crowley NEW YORK/LONDON (Reuters) -Pernod Ricard is exploring a sale of its champagne brand G.H. Mumm, according to five ...
GlobalData on MSN9h
Pernod Ricard anticipates “gradual but prudent” recovery in China, US
Speaking to analysts, CEO Alexandre Ricard said the company was seeing "a record low consumer confidence level".
Pernod Ricard Lowers Guidance on China Deterioration, Trade Uncertainty
The French liquor group lowered its expectations for its fiscal year, citing trade tensions and other uncertainties that ...
Global tariff threats could deal $207 million blow to Pernod Ricard, CFO says
Tariffs affecting cognac sales in China and threatened U.S. levies on Canada, Mexico and the European Union would deal an ...
Pernod Ricard (0HAT) Receives a Buy from Bernstein
In a report released today, Trevor Stirling from Bernstein maintained a Buy rating on Pernod Ricard (0HAT – Research Report), with a price ...
devdiscourse9h
Pernod Ricard Considers Divesting G.H. Mumm Champagne
Pernod Ricard is considering selling its G.H. Mumm champagne brand as it aims to concentrate more on its premium offerings. The French spirits company is working with Rothschild & Co for potential ...
Big companies see no China recovery soon, adding to trade tensions gloom
Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world's ...
Pernod Ricard (0HAT) Receives a Hold from Deutsche Bank
Deutsche Bank analyst Mitch Collett maintained a Hold rating on Pernod Ricard (0HAT – Research Report) today and set a price target of ...
Pernod Ricard: Determined to Navigate Current Cyclical Headwinds With Resilience and Agility
Regulatory News: Pernod Ricard (Paris:RI): ...