date:Oct 26, 2012
said he was still confident about long-term growth in China and other Asian markets.
He also said Pernod-Ricard doesn't intend to cut back on marketing spending this year, despite the tougher economic backdrop. In the 2011-12 financial year, the maker of Havana Club rum, Absolut vodka and Chivas Regal whisky spent around 1.6 billion euros ($2.07 billion), or 19.1% of sales.