Chivas, a Scotch whisky, is the biggest brand by retail value in Pernod's portfolio and had estimated 2007 retail sales of about $1.5 billion, according to the spirits trade magazine Impact. It is the eighth-largest spirits brand in the world by that measure.
TBWA handled the brand for 14 years, most recently producing a luxury-lifestyle-oriented push called "The Chivas Life," which also featured a Bud.TV-style online TV effort. Measured ad spending for the brand in the U.S., however, is quite small, at about $5 million, according to TNS Media Intelligence.
TBWA will remain on Pernod's agency roster, handling brands such as Jameson and Seagram's. An agency spokesman referred a call to Pernod.
Euro does not currently handle any Pernod brands. A spokesman referred calls to the client.