The Ricard Foundation becomes the Pernod Ricard Foundation

Press Release 01/07/2020

Logo Fondation Pernod Ricard

 

The Ricard Foundation becomes the Pernod Ricard Foundation
A new site, a new international vision, new artistic encounters: the Pernod Ricard Foundation will continue to look outwards and work in the same spirit 
to bring the young French contemporary art scene to Paris and the world
.

From 1 July 2020, the Ricard Foundation currently on rue Boissy d'Anglas will become the Pernod Ricard Foundation, a dynamic that will see it move in the autumn to a multidisciplinary art space at the Group's new headquarters in the Saint-Lazare district at the heart of Paris. Open to its city and its neighbourhood, the Pernod Ricard Foundation will remain true to its principles of making art freely accessible to all on a human scale. Building on a heritage that dates back more than 20 years, the Pernod Ricard Foundation will continue its commitment to hosting challenging, multidisciplinary, uncompromising exhibitions, supporting up-and- coming artists to bring the next generation of French art to the capital and beyond. In this new space conceived as a life-size toolkit, thematic conferences, artistic encounters and art performances will enrich France's young art scene. A fresh approach that extends equally to the annual 'Prix de la Fondation' prize, whose new modalities will be unveiled by Alexandre Ricard, the Group's Chairman & Chief Executive Officer, on 15 September at the presentation ceremony of the 2019 Prix Ricard at the Centre Pompidou.  

This transition takes place in the context of the strategy of acceleration that has been driving all the Group's activities over the last several years. It seeks to give greater resonance to the work already achieved by the Ricard Foundation in anchoring it even more strongly in the local community, while allowing it to benefit from the support of the Group's 73 international subsidiaries. The Foundation's new space, designed by the NeM architecture studio and facing onto a large tree-lined pedestrian esplanade ' the Cours Paul Ricard ' will be located at the front of the Group's new headquarters, a showcase of its values of openness and generosity. Including an auditorium seating 130, a 300-square-metre main exhibition hall, and a distinctive space that can be used for performances or one-off shows, the Foundation will also feature a café and bookshop in keeping with the Group's core ethos of cultivating a mix of conviviality and creativity. With this renewed commitment to its charitable art foundation, Pernod Ricard reaffirms its belief that economic performance cannot be decoupled from social engagement, as the Group has shown during the Covid-19 crisis. This new chapter continues the longstanding artistic mission initiated by the company's founder Paul Ricard. 

Alexandre Ricard: 'I am delighted that our unwavering commitment to young artists will now be led by a Foundation at the scale of our Group. This step is the continuation of a vision that began with my grandfather, a great friend to the arts and to artists, a vision that was long supported by the Ricard company. Like the Group itself, our mission of philanthropy is continually evolving to carry our ambition higher and further, without ever losing its original essence.' 

Colette Barbier, current director of the Ricard Foundation and future director of the Pernod Ricard Foundation, explains: 'Twenty is the age when everything is possible, any ambition can be realised. But now more than ever, artists remain at the core of our project. This new space will be an outstanding forum for cultural exchange, artistic performance and creative innovation: a place for artistic conviviality, encounters and sharing.'

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About pernod ricard

Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive portfolios in the industry with over 240 premium brands distributed across more than 160 markets. Pernod Ricard’s portfolio includes Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur or Mumm and Perrier-Jouët champagnes. The Group’s mission is to unlock the magic of human connections by bringing “Good Times from a Good Place”, in line with its Sustainability and Responsibility roadmap. Pernod Ricard’s decentralised organisation empowers its 19,480 employees to be on-the-ground ambassadors of its purposeful and inclusive culture of conviviality, bringing people together in meaningful, sustainable and responsible ways to create value over the long term. Executing its strategic plan, Transform & Accelerate, Pernod Ricard now relies on its “Conviviality Platform”, a new growth model based on data and artificial intelligence to meet the ever-changing demand of consumers. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.

Contacts Pernod Ricard

Florence Tresarrieu
Global SVP Investors Relations and Treasury
Tel: +33 (0) 1 70 93 17 03
Charly Montet
Investor Relations Manager
Tel: +33 (0) 1 70 93 17 13
Emmanuel Vouin
Head of External Engagement
Tel: +33 (0) 1 70 93 16 34