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Dec. 22, 2025
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Food and beverage

Pernod Ricard’s Tareef Shawa shares liquor giant’s plans for prestige brands

February 28, 2018

Pernod Ricard's Midleton Very Rare Irish Whiskey Vintage 2017. Price can range from $75,000 to $300,000 per cask depending on the vintage. Image credit: Pernod Ricard Pernod Ricard's Midleton Very Rare Irish Whiskey Vintage 2017. Prices can range from $75,000 to $300,000 per cask, depending on the vintage. Image credit: Pernod Ricard

 

By Mickey Alam Khan

According to Bain & Company’s “Luxury Goods Worldwide Market Study” (C. d’Arpizio and F. Levato, October 2017), the global luxury market grew at an estimated 5 percent in 2017. Pernod Ricard’s Prestige portfolio outperformed that, with net sales growing more than 8 percent in financial year 2017 to reach the symbolic milestone of $1.2 billion.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Lamborghini heads to French Alps for women-led driving series
  8. Laura Burdese to succeed Bulgari CEO
  9. Dolce & Gabbana debuts Devotion fragrance film
  10. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
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