CNBC's James Wright talks to Shane Bellamy, Head of Digital Media at Pepsico about their presence at Millennial 20:20. He says they're open to new ideas.
April 19- Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was hit by consumer choosing healthier options and a slew of sugar taxes aimed at stemming obesity and diabetes. These measures come amid a wave of sugar tax approvals in the...
Coca Cola is banking on billionaire Warren Buffett's image as it rolls out Cherry Coke in China for the first time. Sophia Yan reports.
After decades-long streak of strong growth, bottled water surpassed carbonated soft drinks to become the largest beverage category by volume in the United States in 2016, according to research and consulting firm Beverage Marketing Corp.. Bottled-water consumption in the United States reached 39.3 gallons per capita last year, while carbonated soft...
Philadelphia's recent soda tax has led to a disastrous decline in beverage sales.
March 1- PepsiCo Inc said on Wednesday it would cut 80 to 100 jobs in Philadelphia as the city's new sugar-sweetened beverage tax hurts demand for its products. Philadelphia imposed a tax of 1.5 cent per ounce on sugary and diet drinks to combat rising obesity and diabetes in the city. PepsiCo's beverage sales fell 40 percent in the city because of the tax, company...
Alison Watkins, group MD of Coca-Cola Amatil, says the company will be adapting its portfolio to meet consumer preferences.
NEW YORK, Feb 13- A California state senator is taking another stab at introducing a law that would require sugary drink manufacturers to put a warning label on their products, the latest effort in the "War on Sugar." Officials and public health advocates have heightened their criticism of sugar as a key contributor to health epidemics like obesity and diabetes,...
Do-it-yourself drink kit services deliver the necessary ingredients for a delicious, professional-grade cocktail right to your door.
Feb 9- Coca-Cola Co reported better-than-expected quarterly revenue, helped by higher sales of its sodas in North America, its biggest market. Volume sales rose 1 percent in North America, including a 1 percent growth in sales of its carbonated soda drinks such as Sprite and Fanta. The fourth quarter included a $919 million charge related to the refranchising of...
Wells Fargo lowers its Coca-Cola 2017 earnings per share estimate to $1.94 from $2.04.
Goldman's Coca-Cola 2017 earnings-per-share estimate is 3 percent below Wall Street consensus.
LONDON, Dec 5- Britain moved forward with its planned sugar tax on Monday, publishing draft legislation confirming a two-band levy for sugar-added soft drinks aimed at fighting obesity. In opting for a sugar tax, Britain joins Belgium, France, Hungary and Mexico, all of which have imposed some form of tax on drinks with added sugar. Britain's tax, announced in March,...
Jonny Forsyth, global drinks analyst at Mintel, discusses different environments in Perno Ricard's regional markets.
Pernod Ricard's products fall in the "squeezed middle" of the drinks market - and this has affected sales - says Jonny Forsyth, global drinks analyst at Mintel.
Discussing Coke's first quarter earnings release and his outlook for demand in the beverage market with James Quincy, Coca-Cola COO.
The "Fast Money" traders reveal their final trades of the day.
Nik Modi, Managing Director at RBC Capital Markets, discusses why Coca-Cola will outperform other consumer staples even in the face of decline in the soft drink space.
Mirabaud Securities beverage analyst, Jonathan Fyfe, discusses the headwinds impacting AB InBev’s business in light of its recent earnings.
Alison Watkins, group managing director of Coca-Cola Amatil, explains why the company is comfortable with the profits in Australia, despite a 6.1 percent slide in the June-half.