Pernod Ricard Saw a Decline in Sales and Profits

French drinks company Pernod Ricard reported a slump in profits and sales today across all five of its “priority markets” in the first half of the fiscal year, according to a Reuters report. And the main driver of this bad news was said to be weakening sales across all of its spirits categories, particularly in the U.S. and China.

Pernod Ricard is the owner of some major distilleries and spirits brands, including Absolut Vodka, Jameson Irish Whiskey, Martell Cognac, and the…