Author Archives: Jaspal Lall

Comptetive Weekly News - July 3 to July 9 2018 

Global

ABF Issues Q3 Trading Update: Group Revenue from Continuing Businesses +3% at Constant Currency.

Starbucks Announces Strategic Priorities to Accelerate Growth.

North America

ITO En to Launch Organic Oi Ocha RTD Green Tea.

Coca-Cola Celebrates 50th Anniversary of Special Olympics.

Keurig Dr Pepper Forms Board, to Begin Trading in New York.

LATAM

PepsiCo and AV SA Enter Partnership.

PepsiCo Chile Adheres to Food Labelling Laws.

Coca-Cola Femsa Acquires Montevideo Refrescos for $250mn.

Europe

PepsiCo Launches New AXL Bottle for Hospitality Channel.

Schweppes Promotes "Good Drinking" with Maytea.

AMEA

Starbucks to Open More Than 25 Outlets in FY19: Veetika Deoras.

Tata Global Beverages Appoints an Independent Director.

Tata Global Beverages to Exit Loss­Making Subsidiaries.

North Asia

Coca-Cola CEO: Digital and Data Driving New Approach to Business.

Coca-Cola launches first alcoholic drink in Japan

Coca-Cola is to produce the first alcoholic drink in its 132-year-history, with plans to launch an alcopop in Japan. The soft drinks company said it would start making a version of “Chu-Hi” – canned sparkling flavoured drinks that include a local spirit called Shochu. The company hopes to capitalise on the increase in popularity in Japan of Chu-Hi alcopops.

March 2018 Global Quality Report

Please find below the link to the Global Quality Report for March 2018. With in the report you will find the global scorecard, 2018 Q1 Global Bottler Ranking (NA not included), as well as scorecards for all regions and North America.

Starbucks and Nestlé announce global alliance

Starbucks is expanding the global distribution of its packaged coffee and single-serve pods under a $7 billion cash deal with Swiss food giant Nestlé, which owns Nespresso and Dolce Gusto coffee systems. Nestlé is paying Seattle-based Starbucks $7.15 billion for the rights to market, sell, and distribute at-home packaged coffee and tea for the following brands: Starbucks, Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia. The deal, expected to close by Oct. 1, includes adding Starbucks-branded flavors to Nestle’s premium single-serve capsule systems: Nespresso and Dolce Gusto. CEO Kevin Johnson said Nestle’s reach and scale will instantly amplify the brand across global foodservice channels. “This is a big unlock for growth,” Johnson told investors during a special conference call held Monday morning to discuss the deal. Nestlé said the Starbucks packaged coffee agreement provides a significant boost to the company’s coffee business, which is the company’s largest growth category. “With Starbucks, Nescafé and Nespresso we bring together three iconic brands in the world of coffee,” Nestle CEO Mark Schneider said in a statement. “This is a great day for coffee lovers around the world.” Analysts noted that Starbucks’ core business would likely benefit from the additional brand exposure. “Starbucks will gain meaningful help in market segments in which it has little-to-no presence at present, which over time should help its Starbucks-brand retail stores in those markets,” said analyst Mark Kalinowski of Kalinowski Equity Research. The deal does not include the chain’s popular ready-to-drink line of beverages. PepsiCo still distributes those drinks, which have grown into a more than $2 billion retail business. Nestlé said about 500 Starbucks employees will join the Nestlé family as part of the deal. Operations will continue to be based in Seattle, Nestle said.