Global consumption has been in decline since it peaked in 2007
Jacob’s Creek and other names sold to owner of Accolade Wines
Despite current wobbles, selling drinks remains a good business
Pernod Ricard starts with Scotch blend but aims to create Chinese single malt to grow share in world’s biggest spirits market
Further retreat for French group after halting export of Swedish vodka brand Absolut to Russian network
French group faced storm of criticism from Swedish politicians and calls for its drinks to be boycotted
French spirits group says demand remains strong despite soaring inflation
Move by maker of Jameson whiskey and Martell cognac comes as multinationals review risks of staying in city
Pandemic, tariffs and political uncertainty weigh on French distiller
Brewers and distillers cut costs and boost cash as coronavirus lockdowns force new sales strategies
Pernod Ricard to supply ingredients while gin makers join LVMH in switching production
First-half results beat expectations helped by earlier lunar new year and cost cuts
Spirits industry leaders and new brands chase new premium market
Welcome to Due Diligence, the FT’s daily deals briefing
Paris establishment grapples with how to respond as bigger companies become targets
Maker of Jameson whiskey under pressure from activist investor Elliott Management
Beer sales flag as consumers opt for healthier options while spirits and cocktails boom
Campari chief predicts dealmaking will rise as the benefits of scale start to outweigh dynastic pride
The Mega Files: Elliott Management and the activist challenge at Pernod Ricard
Chief executive unveils strategic plan to counter Elliott’s operating margin critique
Creates lead independent director post on board
US hedge fund Elliott Management disclosed €1bn stake in December
Chief executive Alexandre Ricard aims to defend French family spirits company from US activist
From Pernod Ricard to AC Milan, the hedge fund has breached traditional defences
