Korea branch of global wine and spirits leader Pernod Ricard may have to deal with longer labor union strikes which were extended last month. The company headquarters has remained silent on the issue.
Posted : 2021-02-02 10:51
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South Korea s imports of whisky plunged to a 21-year low in 2020 due to the coronavirus pandemic and a change in alcohol consumption here, government data showed Tuesday.
The value of whisky imports amounted to US$132.5 million last year, down 13.9 percent from the previous year, according to the data from the Korea Customs Service.
It was the lowest level since the $115.9 million recorded in 1999 in the wake of the Asian financial crisis.
An industry official said whisky consumption fell further last year as local bars were hit hard by social distancing measures aimed at containing the spread of the coronavirus pandemic.