Pernod Ricard India, one of the leading alcoholic beverages companies in India, has appointed Initiative, an Omnicom Media agency, as its media agency partner across nine key markets in the India and Asia-Pacific (APAC) region. The appointment follows a competitive review of the company’s media mandate. Initiative will take over the mandate from Wavemaker, which has been a valued partner of Pernod Ricard for more than two decades in India and Singapore. The association has included campaigns, brand activations and consumer engagement platforms such as Royal Stag Boombox and Xclamat!on’s India record campaign. Pernod Ricard has acknowledged Wavemaker’s contribution, expressing appreciation for the agency’s creativity, commitment and role in the company’s journey over the years. Focus on Consumer Intelligence and Cultural Connections The appointment reflects Pernod Ricard’s ambition to strengthen its brand-building approach amid an evolving consumer landscape. With premiumisation accelerating and consumer preferences becoming increasingly nuanced, the company aims…