Pernod Ricard set to simplify structure in cost-cutting exercise

Pernod Ricard

It is a response by the French group to strengthening headwinds in the global spirits market as the owner of Jameson, Absolut and Havana Club struggled to perform amid weakening consumer confidence around the world

Pernod Ricard has confirmed plans to streamline the business and reduce costs by splitting its brands into two main divisions.

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