Export Halt: Absolut Vodka Suspends Shipments to Russia Amid Outcry.

1 min read
Source: New York Post
Export Halt: Absolut Vodka Suspends Shipments to Russia Amid Outcry.
Photo: New York Post
TL;DR

Pernod Ricard has suspended exports of its Absolut vodka to Russia entirely, citing a "duty of care towards our employees and partners" after reports that it was supplying products to support local entities. The French spirits group had previously reduced sales following Moscow's invasion of Ukraine. Pernod had been able to shield its local team from accusations of criminal liability by limiting supply. However, the move will not prevent Absolut from falling into the hands of the "parallel market," which has strongly increased in recent months and over which Pernod has no control.

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