Pernod Ricard cuts sales forecast
The Jameson and Martell owner said “intense geopolitical uncertainties” were hitting the spirits sector.
06 February 2025
06 February 2025
The Jameson and Martell owner said “intense geopolitical uncertainties” were hitting the spirits sector.
CEO Takeshi Niinami has reportedly said the group is preparing to export fewer US goods to Europe, Mexico and Canada.
The Black Dog whisky maker said this closure is part of a “multi-year supply chain agility programme” announced in January 2023.
“Arkansas is the rice capital of the US. Our home state accounts for more than 50% of the nation’s total rice production.”
Donald Trump's tariffs, both threatened and real, could lead to trade rerouting as exporters seek resilient supply chains.
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While critics argue Trump has damaged the credibility of the US, Canada will likely review its food security – and the EU awaits its own fate.
The group’s first-half results arrived hot on the heels of President Trump’s announcement of a one-month pause to tariffs on imports from Mexico and Canada.
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