Pernod Forecasts Asian Profit Decline Due to China
Like rivals Diageo and Remy Cointreau, Pernod has been hit by a government crackdown on luxury gift-giving and personal spending by civil servants in China
Pernod Forecasts Asian Profit Decline Due to China
Like rivals Diageo and Remy Cointreau, Pernod has been hit by a government crackdown on luxury gift-giving and personal spending by civil servants in China, as well as by slowing economic growth there. (Reuters)
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