Pernod Ricard Faces Sales Decline Amid Weak Demand in Key Markets

Pernod Ricard reported a decline in sales for the first half of the year, impacted by a sustained decrease in demand for spirits in both the United States and China. Bloomberg posted on X, highlighting that the company also faced challenges due to an unfavorable currency environment. The prolonged slump in these major markets has significantly affected the company's financial performance, raising concerns about future growth prospects.