According to sources, the move is believed to be "part of a consolidation process" for Pernod Ricard in China.

据消息称，这项举动被认为是芝华士在中国‘巩固过程的一部分’。

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ABSTRACT: Drinks giant Pernod Ricard revealed a double-digit decline in net profit in its full-year results fuelled by a 23% drop in sales in China.

摘要： 世界饮品巨头保乐力加日前公布年度财报称，受中国市场销售额大幅下降23%的影响，集团全年净利润下降两位数。

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All this is partly because French rival Pernod-Ricard has been quicker off the mark in China this past decade, building up a dominant slice of the international-branded market with drinks such as Martell and Ballantine's.

FORBES: Magazine Article