Less alcohol equals more orders for Pernod Ricard
Orders refer to sales to merchants, so do not necessarily reflect the number of units sold to consumers.
The company said the three-digit growth was a notable achievement considering that the average growth rate for lower-alcohol drinks on the local market was merely 18 percent during the same period.
Pernod Ricard Korea’s two main lower-alcohol drinks are 35 by Imperial and The Smooth by Imperial, both products under the company’s whisky brand Imperial.
They have an alcohol content below 35 percent and were launched in the past two years to cater to a growing preference for lower-alcohol drinks. Whisky conventionally has an alcohol content of at least 40 percent.
The company attributed the achievement to its recent marketing campaigns. One campaign was an online webtoon series, 4 Buddies, that has been viewed more than 19 million times since 2016.
By Song Kyoung-son