News briefs: UK soft drink demand and Aquafina re-launch
This week, UK group Britvic finds the country's consumers demand
for beverages changing and PepsiCo targets functional demand
with the launch of a new range of waters.
Pepsi announces responsible water funding
PepsiCo is teaming up with the Earth Institute and the H2O Africa
Foundation in a bid to encourage sustainable use of non-industrial
water supplies in developing countries.
Briefs: Coca-Cola, Absolut and Pepsi
In this week's briefs, Coca-Cola Enterprises lifts sale
expectations for the year ahead, the Absolut vodka brand will go
the highest bidder at an upcoming auction, and Pepsi consolidates
its bottling presence in the US.
Pepsi profits despite commodities crunch
PepsiCo's third quarter revenues increased by 11 per cent to
$10.1bn (€7bn) over the same period last year, the company reported
Pepsi reduces bottling business units
The Pepsi Bottling Group (PBG) this week announced it is realigning
its organisation, reducing its units in the US and Canada from
eight to six.
Strong sales across board for Pepsi
PepsiCo yesterday reported revenue growth of 10 per cent for the
quarter ending 16 June, thanks to strong performances across most
Pepsi pricing plan maintains confidence
The Pepsi Bottling Group (PBG) increased sales by seven
per cent to $3.4bn for the three month period ending 16 June,
the company said yesterday.
Ukraine acquisition steps up PepsiCo regional focus
PepsiCo is to step up its presence in the burgeoning Eastern
European soft drinks market by acquiring an 80 per cent stake in
one of Ukraine's leading juice producers.
PepsiCo spurred on by healthier drinks
PepsiCo's new wave of healthier soft drinks, including Gatorade and
Aquafina, helped the group to shrug off declines in its trademark
Pepsi cola to increase sales by 13 per cent in the third quarter.
Permira holds fire on Britvic bid
Private equity group Permira denied it was about to unveil a bid to
buy Britain's biggest soft drinks group, Britvic, following two
days of heavy speculation.
PepsiCo unveils first female chief executive
PepsiCo has appointed Indian-born Indra Nooyi to be its new chief
executive, displaying the group's international credentials as it
looks to build on recent success.
PepsiCo signs Ocean Spray drinks deal
PepsiCo has signed a deal with Ocean Spray to bottle and distribute
single-serve cranberry juice drinks, as the soft drinks firm looks
to expand its offering to health-conscious consumers.
Cadbury Schweppes eyes US bottler buyout
Cadbury Schweppes may be about to buy up its Dr Pepper/Seven Up
bottling partner in the US, says a report, indicating a growing
consolidation trend in the US soft drinks supply chain.
PepsiCo ups functional drinks push
PepsiCo has launched a range of flavoured waters enriched with
vitamins across the US, in a further sign that functional drinks
are pushing their way into the mainstream soft drinks sector.
Coca-Cola attacks bottlers in Powerade dispute
Coca-Cola said it would fight to put down a lawsuit filed against
it by more than 50 of its own bottlers over the distribution of
sports drink Powerade to Wal-Mart stores.