Word: ricard
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...Pernod Ricard's recent $17.1 billion acquisition of most of Britain's Allied Domecq makes the Paris-based company a competitive No. 2 operator in wine and spirits worldwide, behind London's Diageo, with sales of 77 million cases. But it's not about figures, says...
Michel Bord, the CEO of Pernod Ricard USA. It's about the transformational growth of a French spirits company born of wormwood and anise to a "gentlemanly" global gorilla with a premium portfolio of wines and spirits centered on 14 major brands...
...Last week, the lower house of Spain's parliament approved the first reading of a measure to legalize same-sex marriages. The bill, sponsored by the ruling Socialist party and almost certain to become law in time for Gay Pride day in June, has infuriated Spain's Catholic leaders. Ricard María Cardinal Carles, Emeritus Archbishop of Barcelona, who supports the church's prohibition of homosexuality, says that "to obey the law over conscience takes us back to Auschwitz." Conservative mayors say they will refuse to marry gays, despite their legal obligation to do so if the law passes...
...world's best-selling spirits, with annual sales in the U.S. of about $4.6 billion. And Europeans have shown a thirst for quality rum, especially Havana Club, the Cuba-produced tipple that's been the fastest-growing brand in recent years for another French firm, Pernod Ricard. (That company also said last week that it was making a $10 billion pitch, along with Fortune Brands, for the England-based Allied Domecq.) The only loser might be Coca-Cola: If you spend that much on rum, do you really want to dilute it? - By Jim Ledbetter...
...single farm in Poland, where the rye is grown, harvested and distilled on the premises. Whether all this effort adds anything to the flavor is debatable, but it does provide a conversation topic at a chic cocktail party generously underwritten by the vodka's parent, the spirits giant Pernod Ricard...