Efter kritiken: Absolut vodka-ägaren stoppar rysk export – igen

Efter kritiken: Absolut vodka-ägaren stoppar rysk export – igen

Spritjätten Pernod Ricard stoppar exporten till Ryssland, bara en månad efter att den återupptogs. ”Vi ska också upphöra med distributionen i Ryssland, en process som vi tror kommer ta månader att slutföra”, skriver koncernen i ett pressmeddelande.

Aperol spritz bojkottas i Ukraina: "Sponsrar kriget"

Aperol spritz bojkottas i Ukraina: "Sponsrar kriget"

Runt om i Europa dricks det Aperol spritz på takbarer och uteserveringar. Den orangea aperitifen är praktiskt taget synonymt med sommar på kontinenten, skriver The Washington Post. Men i Ukraina är märket inte lika populärt. Italienska Campari Group har fortsatt med sin verksamhet i Ryssland under kriget. – Vi hade glas som det stod namnet Aperol på och vi förstörde dem och slängde dem i soporna, säger 29-årige Pavlo Lavrukhin som arbetar som bartender på Squat 17B i centrala Kyiv. (Svensk översättning av Omni). Ukraine is still seeking ways big and small to choke off foreign funding to Russia — in part by shaming companies that continue to work in the country. By Siobhán O'Grady and Kostiantyn Khudov 26 August 2023 KYIV - The Aperol Spritz is so popular that the cocktail is practically synonymous with summer in Europe, where connoisseurs cram onto patios and around bar tops to guzzle down the bubbly, orange aperitif. But in Ukraine, many bars that once served the quintessential drink are now boycotting it, citing the decision of the brand's owner, Italy-based Campari Group, to continue operating in Russia. "We had glasses with the Aperol name on them and we destroyed them or threw them in the trash," said Pavlo Lavrukhin, 29, a bartender at Squat 17B, a hipster hangout tucked behind a residential building in central Kyiv. Made up of two parts Aperol - a bitter whose core ingredients are gentian, rhubarb and cinchona - three parts prosecco and a dash of sparkling water, poured over a glass of ice and topped with an orange slice, the drink is viewed by devotees as the ideal antidote to sweltering weather. Giving up the Spritz altogether is out of the question - Ukrainian fans love the cocktail. So, Squat 17B and other bars got rid of Aperol and are serving an alternative made with comparable orange spirits from other Italian companies instead. Lavrukhin's bar also dropped the word "Aperol" from the menu, renaming the cocktail a Venice Spritz. Last month, Squat 17B served 110 of the renamed drinks, 370 Negronis and 120 Boulevardiers - all without a single drop of liquor made by Campari. After 18 months of war, Ukraine is still seeking ways big and small to choke off foreign funding to Russia - in part by shaming companies that continue to work in the country. This month, the Ukrainian government labeled Bermuda-based Bacardi as an international war sponsor, saying the company - whose brands include Grey Goose vodka, Bombay Sapphire gin and Martini - has expanded its work in Russia since last year and is even actively seeking new employees in the country. The Campari Group announced last year that it had stopped all advertising and promotions in Russia, where it employs 122 people, and "reduced the business to the bare minimum necessary to pay the salaries of our colleagues." It also said it assisted its employees in Ukraine with emergency funds and helped find shelters. "Our position is the one we publicly communicated since the beginning of the war," a Campari spokesman, Enrico Bocedi, said. But such statements are seen by many in Ukraine as platitudes. Russia - along with Italy, Germany, France and the United States - is one of the group's "core markets" for sales of Aperol. In 2022, the group's overall sales in Russia and Ukraine amounted to about 3 percent of its total. In the first quarter of this year, the group's international sales grew by nearly 20 percent. It has served as an official partner for the Cannes Film Festival two years in a row. In June, it co-sponsored an event on Capitol Hill featuring appearances by Rep. Bill Pascrell Jr. (D-N.J.) and Rep. Jimmy Panetta (D-Calif.), both of whom have been outspoken advocates for Ukraine. Neither of their offices responded to a request for comment. Completely withdrawing from the Russian market was "the only possible position in our view," said Dmytro Krimsky, 52, co-founder of Goodwine, a large upscale grocery and liquor store in Kyiv that sold more than $338,000 worth of Campari products in 2021. The store has since terminated its partnership with Campari as part of the "principled decisions" it took after conducting an assessment of its vendors' responses to Russia's invasion, Krimsky said. Goodwine did not previously work with Bacardi, he said, but has written off any possibility of working with the company in the future and is "actively working to exclude" other brands with ties to Russia. Some alcohol brands that didn't quickly withdraw from Russia are now facing difficulties. Last month, after the Danish beer maker Carlsberg Group announced plans to sell its assets in Russia to an unnamed buyer, Moscow seized control of eight of its breweries and 8,400 of its employees. In the spring, French company Pernod Ricard, which distributes Sweden's Absolut vodka, faced outrage in Sweden after reports that it was selling products to the Russian market. In April, it backtracked previous plans to just scale back, announcing it would suspend all sales of Absolut to Russia. Western companies under pressure to end operations in Russia have cited concerns that completely stopping production could lead to accusations from Russian authorities that they are intentionally going bankrupt - and could leave local employees liable. Ukrainians are not sympathetic to this narrative. Any companies that continue to work and pay taxes in Russia "are sponsoring the war," said Dasha Andriushchenko, 32, marketing manager at Pure & Naive, a popular bar and restaurant in central Kyiv. For two months after Russia's Feb. 24, 2022, invasion, "we didn't even think about alcohol and didn't make any orders," she said. The restaurant transformed into a volunteer hub where civilians gathered to make meals for Ukrainian troops fighting around Kyiv. When the bar reopened for business in spring 2022, it consulted with other bars in Kyiv about the links of liquor companies to Russia, she said. It was then that managers opted to stop buying from Campari and Bacardi. In August, as at Squat 17B, customers sipping bubbly orange drinks on their patio were drinking spirits from Italian company Luxardo - not Aperol. Pure & Naive later switched to a different alternative, called Gamondi. It was "pretty hard to check if [Luxardo] are working with Russia or not," Andriushchenko said. Luxardo did not respond to several requests from The Post for comment on any existing ties to Russia, but Instagram posts from a Moscow-based liquor distributor suggest some Luxardo products are still available there. Yevgeny Babiy, 20, a bartender at Champagnella, a pizza restaurant and bar in Kyiv, still has a bottle of Martini extra dry vermouth on display behind his bar. "It's kind of a joke because it's empty and no one can order it," he said. In general, Babiy said, his bar has tried to replace brands that still do business in Russia. "But it's kind of complicated," he said. "Frankly speaking, we are not going to stop these companies from making money in Russia if they want to. … All companies who on a moral basis wanted to leave Russia have already left." At a bar next door, Aperol, Martini and Campari were all on display. When a Post reporter asked in Ukrainian to speak to the bartenders about how they felt selling the products, their manager refused. "They're not going to talk to you, because they're just the workforce," she replied in Russian. "When everything is gone, we will deal with that." Not everyone in Ukraine is paying attention to the politics of intoxicants. On a recent evening in the city of Kryvyi Rih, Yana Ovdii, 31, and her friend Natasha Polyakova, 46, sat down in an upscale hotel restaurant and each ordered an Aperol Spritz - not knowing about the backlash against Campari. The pair had gotten together to try to cheer up, they said, because Polyakova's husband had just been mobilized. Her 24-year-old son was already in the military, and she was scared she might lose them both. "This time is difficult," Ovdii said. For some bartenders, ensuring that the products are not for sale feels personal. Ilya Petrovskiy, 26, a bartender at Malevich, a drinking spot in a bustling part of Kyiv, said brands that still operate in Russia were being phased out. The only Bacardi product Malevich still has on its shelves is Oakheart spiced rum. Once the bottle runs out, "we have no intention to place any more orders," Petrovskiy said. The bar has also renamed its "White Russian" cocktail a "Dead Russian" and donates all proceeds from purchases of it to the Ukrainian military. "Being Ukrainian, being in a country where we're at war … I don't want me or the bar where I work to support these brands with any money," he said. Lavrukhin, the bartender at Squat 17B, moved into the bar last year when Russian forces advanced on Kyiv. He and other employees slept side by side on the floor and spent their days making petrol bombs, anticipating Russian tanks potentially rolling through the streets of Kyiv. They took turns guarding the door with a machete and a shovel. After the Kyiv region was liberated and the bar reopened, they decided to do whatever they could to support the war - donating to the military and boycotting brands still present in Russia. They know their effort is small but hope other bars in Europe will follow suit. Any boycott of products still sold in Russia "is in our favor," Lavrukhin said. "It's more emphasis on Ukraine." © 2023 The Washington Post. Sign up for the Today's Worldview newsletter here.

Pernod backar igen – stoppar all försäljning i Ryssland

Pernod backar igen – stoppar all försäljning i Ryssland

Pernod Ricard gör en ny U-sväng om Ryssland. Förra månadens besked att återuppta spritexporten till Ryssland mötte massiv kritik och nu stoppas leveranserna igen, skriver Bloomberg. Det franska bolaget signalerar också att man kan lägga ner verksamheten där de närmaste månaderna. Att stoppa försäljningen i Ryssland kommer enligt Pernod Ricard att ta flera månader. Flera svenska krogar inledde i april en bojkott mot Absolut Vodka – vilket fick Pernod Ricard att backa angående exporten av det svenska varumärket till Ryssland. Inflation, högre räntor och stora börsrörelser. Hur stor avkastning vågar vi räkna med ett år som detta? Vilka fällor ska man undvika på börsen? Och inom vilka sektorer finns vinnare? Med Omnis systerapp Omni Ekonomi får du Sveriges mest heltäckande bevakning av börs- och bolagsnyheter. Lägg därtill att Sveriges främsta aktieexperter svarar på de svåra frågorna och hjälper dig att navigera marknaderna. Nu får alla Omniläsare chansen till en klok investering – testa Omni Ekonomi i två månader för endast 49 kronor (spara 269 kronor).

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Pernod Ricard: Luxury Liquor - [Business Breakdowns, EP.141]

This is Zack Fuss. Today, we are breaking down Pernod Ricard, a business whose history dates back to 1797. Today, the business is the second-largest global producer of wine and spirits with a portfolio of 17 of the top 100 spirits brands, including Absolut Vodka, Beefeater Gin, Jameson Irish Whiskey, and Malibu rum. The portfolio produces north of EUR 12 billion in sales and generates an impressive 60% gross margin and high 20% operating margin. To break down Pernod Ricard, I am joined by Swetha Ramachandran, a fund manager at Artemis Investment Management. During this conversation, we explore the interplay between luxury goods and spirits, the post-COVID normalization, and consumption trends. We hope you enjoy this breakdown of Pernod Ricard. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Tegus, the modern research platform for leading investors. Stretch your research budget with flexible expert calls you can trust. At a fraction of the cost of traditional expert networks, Tegus customers pay only what an expert charges – with zero markups and no confusing call credits – netting an average 70% savings. Don’t want to conduct a full hour call? Tegus offers the ability to schedule 30-minutes, an offer you won’t find anywhere else. And they don’t stop there. With white-glove custom sourcing for every project and robust compliance measures, including a dedicated 50+ analyst team that vets every call transcript, Tegus ensures your privacy and protection. As the industry innovator for qualitative insights, Tegus helps you find the right experts you need at a quality and speed that can’t be matched. For a limited time, as a listener, you can trial Tegus for free by visiting tegus.co/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @jspujji | @zbfuss | @ReustleMatt | @domcooke Show Notes [00:03:00] - Introduction to Pernod Ricard and the Spirits Industry [00:04:11] - Pernod Ricard's Brand Portfolio and Acquisition History [00:09:36] - The Strengths of the Spirits Business [00:14:37] - The Shift in Consumption Patterns [00:20:21] - The Appeal of the Spirits Conglomerate Business Model [00:24:04] - Understanding the Current Challenges in the Spirits Industry [00:26:41] - The Role of Emerging Markets in the Spirits Industry [00:31:45] - The Influence of the Ricard Family on Pernod Ricard [00:35:46] - Innovation and Distribution in the Spirits Industry [00:34:17] - The Impact of Market Trends and Consumer Preferences [00:40:15] - The Future of Spirits in the Chinese Market [00:42:26] - What Makes Pernod Ricard Special [00:44:01] - Lessons from Pernod Ricard's Business Model Learn more about your ad choices. Visit megaphone.fm/adchoices

Bacardi vs Pernod Ricard | Rum and Revolution | 1

When family-run rum maker Bacardi was kicked out of Cuba in 1960, it vowed to go to extremes to get revenge on Fidel Castro. So when French spirits conglomerate Pernod Ricard cuts a deal with Castro’s government to share in the fortunes of Cuban-made Havana Club rum, Bacardi declares war on Pernod Ricard, too.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | Hunter or Prey | 2

Before they were billion-dollar behemoths owning many of today’s biggest booze brands, Bacardi and Pernod Ricard were three tiny, family-run companies. Pernod makes absinthe so well it became synonymous with the substance that causes a frenzy in Europe before being banned. Ricard steps in with an absinthe substitute and causes its own craze before merging with Pernod. Meanwhile, Bacardi gets enormously rich and fantastically famous at an odd time for a distiller — Prohibition. All that success, though, puts both companies on a collision course over a Cuban-made rum called Havana Club. Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | The Bat Out of Hell | 3

Bacardi is now America’s favorite rum, but two former French spirits rivals -- Ricard and Pernod -- have joined forces to challenge Bacardi. And to gain the upper hand in security rights to Havana Club, the French company turns to Bacardi’s arch enemy for help: Fidel Castro.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | The Liquor Lobby | 4

Bacardi has one-upped Pernod Ricard by deploying a U.S. trade embargo to block imports of Pernod Ricard and Cuba’s rum. So Castro announces that Cuba will make copycat products of American companies, ignoring their U.S. trademarks.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | Rum Punch Politics | 5

Bacardi manages to best Pernod Ricard by using both the courts and Capitol Hill to keep the embargo in place against Pernod Ricard’s rum of the same name, Havana Club. But as relations between the U.S. and Cuba warm, negotiations between Havana and Washington begin. On Castro’s wish list: the right to sell its Havana Club in the U.S.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | Last Call | 6

Pernod Ricard believes it’s just a matter of time before Cuba’s embargo is dropped. It dramatically expands its distilleries in Cuba for the moment when it can delug the US market with its Havanista rum. But politics will make this anything but a straight shot.Listen to new episodes 1 week early and to all episodes ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App https://wondery.app.link/businesswars.Support us by supporting our sponsors!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bacardi vs Pernod Ricard | Does Cuba Still Love Havana Club? | 7

For Cubans, rum is more than just a drink. It's become a symbol of identity, culture and politics, and each bottle has a lot to say — especially when it's labeled "Havana Club." As Bacardi and Pernod Ricard battle it out in court to determine the true owner of this traditional Cuban liquor brand, there is a larger cultural and geopolitical conversation unfolding. To dive into this discussion, we spoke to Professor Lillian Guerra, a Cuban-American historian and Director of the Cuba Program at the University of Florida. She talks about Cuban economics, culture and policy as they relate to Bacardi, Pernod Ricard and Havana Club — and she's revealing her take on who has the real stuff.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.