Competitor News

11 Jul 2018

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.

11 May 2018

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.

20 Apr 2018

Competitor Weekly News - Apr 10 to Apr 16 2018

North America

Finlays Opens R&D Centre in Rhode Island

Minute Maid Introduces "This is Good" Campaign for Families

LATAM

Coca-Cola Plans to Speed Up Launches in 2018 with Agile System

Zero-Sugar Drinks Represent 4% of Sales for Coca-Cola Bottlers

Europe

Schweppes Launches MayTea

Coca-Cola to Launch Plant-Based Snacking Drink Range AdeZ

New Law Impacts 16% Sales of Sugar Soft Drinks in Catalonia

Orangina to Reduce Sugar Content in its Beverages

AMEA

Coca-Cola Amatil Launches Start-Up Programme to Find New Sources of Growth

PepsiCo Sees Spate of Executive Exits

Coca-Cola Expands Zero Sugar Portfolio

Beverage Companies Rolling Out Low-Sugar Drinks to Suit Trend

Soft Drink Health Concerns Yet to Trickle Down to Social Media Users

North Asia

Coca-Cola Launches World’s First Frozen Coke Slushie Packs

18 Apr 2018

Foodex Japan Exhibition 2018 - The 43rd International Food & Beverage Exhibition

FOODEX JAPAN is Asia's largest exhibition dedicated to food & drink across Japan and globally. Over the 4 days of the exhibition, approximately 82,000 buyers from food service, distribution, and trading companies attended. Around 2,400 exhibitors participated at the event. Products related to Agricultural Products, Confectionery, Beverage, Coffee, Tea, Wine, Herbs & Spices, Frozen Food Products, Meat & Meat Products, Seasonings & Condiments, Snack and Bakery Products were shown at the expo.

03 Apr 2018

Competitor Weekly News - Mar 27 to Apr 02 2018

Coca-Cola to Experiment with Crowd-Sourced Creative Briefs

Coca-Cola is No Longer a Traditional Advertiser

PepsiCo Foodservice Partners with Penn State Testing Aquafina Water Station

Starbucks Pledges to Redesign Its Paper Cups to be More Recyclable

Honest Tea Redesign & New Flavours

Coca Cola Bursts into Digital Signage

Coca Cola to Invest €120mn

Coca-Cola European Partners Unveils Stevia-Based Capri-Sun

PepsiCo Opens New R&D Centre for Next Generation Beverages

PepsiCo to Launch its first Ecommerce-only Brand Drinkfinity

Tata Starbucks to Increase Number of Stores to 115 by March 2018