On Friday Coca-Cola announced its $5.1bn acquisition of Costa, one of the world’s largest coffee chains. CEO James Quincey reveals the rationale behind the acquisition – and Coca-Cola’s plans for the company in the future.
Coca-Cola: ‘The acquisition of Costa will give us a strong coffee platform’
Coca-Cola will acquire UK coffee brand Costa Coffee, giving the soft drinks giant a ‘strong coffee platform’ as it seeks to grow its presence in the market.
Coca-Cola Amatil has started a strategic review into growth options for SPC, an Australian processor of packaged fruit and vegetables, with a change in ownership, alliances or mergers on the cards.
Coca-Cola Singapore has launched a new line of low- or no-sugar ready-to-drink (RTD) teas called Authentic Tea House, as the firm continues its focus on reformulating products with lower sugar content.
Coca-Cola FEMSA is to sell back its 51% stake in Coca-Cola Philippines, after a tough period marked by labour unrest and the introduction of a sugar tax.
‘Even in the best companies, zombies exist side-by-side with rock stars’
Coca-Cola is on a mission to ‘kill the zombies’: products that - for whatever reason - simply haven’t taken off. So far this year it has identified 125 ‘underperforming SKUs for elimination’ in one region alone.
New product launches, good weather and the FIFA World Cup has helped Coca-Cola Hellenic Bottling Company grow revenue 6.4% in the first half of the year.
As it seeks to respond to today’s sugar-wary consumers, Coca-Cola has been boosting the sugar-free varieties in its trademark Coke portfolio. And while critics might point to the potential confusion between brands (how many people know the difference...
Crown Holdings has scooped five awards at the 2018 International Metal Decorators Association (IMDA) Excellence in Quality Competition, including the event’s top prize, the Grand Award.
Coca-Cola Femsa - , the largest Coke franchise bottler in the world by sales volume – has acquired Uruguay’s Montevideo Refrescos from The Coca-Cola Company for US$250 million.
Production of Coca-Cola in the UK has been affected by a shortage of carbon dioxide with ‘temporary pauses on some production lines’. However, the company says has been no disruption to supply to date.
Coca-Cola and bottling partner Swire Group have opened a new production plant in Yunnan, China, adding another piece to the puzzle in the beverage giant’s China growth strategy.
Kantar Worldpanel highlights Sprite as a ‘top performer’ in its global rankings of the most chosen consumer brands, on the basis of its worldwide penetration and number of interactions with consumers. So what has Sprite done right in a shaky market for...
In 2017, 19% of new coffee launches around the world were iced, ready-to-drink products: illustrating demand for refreshing, indulgent products, according to Mintel.
Beverage giant Coca-Cola will invest US$1.2 billion in Argentina over the three year period 2019-2021 to upgrade existing facilities, and construct new production lines.
Coca-Cola India has launched two new drink categories — Enhanced Hydration and Nutritious Dilutables — as it seeks to enhance its range of more healthy and functional products.
Coca-Cola is driving innovation and experimentation across its business to bring new products to market and expand existing products into new markets. But that doesn’t mean experimentation for the sake of experimentation – products must connect with consumers,...
Britvic, Danone, Coca-Cola, Nestlé and PepsiCo are among more than 40 businesses that have pledged to reduce plastic packaging waste in the UK by 2025.
Coca-Cola CEO James Quincey acknowledges the UK sugar tax is likely to have ‘some impact’ on the company in the UK – particularly for classic Coca-Cola – but is optimistic that the industry is well prepared to minimize the impact of the levy.
Coca-Cola Japan has launched its first ready-to-drink (RTD) frozen beverage in a re-sealable pouch, which the company says is the first such innovation around the world.
Coca-Cola India has launched the first no-sugar variant of a home-grown brand – Thums Up Charged No Sugar – with a leading executive claiming it is a “significant milestone in its sugar reduction strategy”.
Coca-Cola and the US Department of State have jointly launched a blockchain pilot program in an effort to combat forced labor worldwide. The BitFury Group and Emercoin will build the blockchain platform for the pilot, which will include a secure, transparent...
Income earned from the impending soft drinks levy will be less than half that announced by the UK government after drinks makers moved to cut sugar content in their products sooner than expected.
Coca-Cola’s Sprite brand has further reduced sugar and calories in the UK as part of a brand refresh: but has ditched stevia, turning away from its 2013 decision to use the natural sweetener.
Coca-Cola will cut 250 to 350 mainly management-level positions over the coming months at its Atlanta, Georgia, headquarters: coinciding with a separate 1,200 jobs reduction taking place worldwide.
Coca-Cola has launched two fruit-flavored specialty sodas in the US market, Coca-Cola Georgia Peach and Coca-Cola California Raspberry, hoping to capitalize on the growing popularity of craft soda.
Despite flat growth of its carbonated beverage portfolio for Q417, Coca-Cola said it remains committed to improving the performance of its core soda brands, particularly Diet Coke and Coke Zero Sugar.
PureCircle is set to plant nearly 16,000 tons of stevia in 2018 - a 200% increase from the year before - to meet increasing global industry demand for a zero-calorie sweetener that tastes ‘the most sugar-like.’
Coca-Cola FEMSA Philippines is laying off 600 employees, blaming the move on the "regulatory environment" just weeks after the country introduced its sugar tax.
Coca-Cola says it is ‘fundamentally reshaping its approach to packaging’ by pledging to collect and recycle the equivalent of 100% of its packaging globally by 2030. But what does environmental campaigner Greenpeace make of the commitments?
‘I’m a fan. The low-calorie cola segment in the US is in desperate need of some kind of refresh…’
Coca-Cola is rolling out a bold new look for Diet Coke in slimmer 12oz cans, and introducing four spicy new flavors: Ginger Lime, Feisty Cherry, Zesty Blood Orange and Twisted Mango.* But what do designers and market researchers think of the new look,...
Coca-Cola has launched its first company-wide proprietary typeface, TCCC Unity, drawing inspiration from ‘the modernist American typography movement and Coca-Cola’s unique personality’.
Coca-Cola is rolling out one of its fastest growing brands - the low calorie premium iced tea, Fuze Tea - in Europe this month. In the UK the drink will escape the upcoming sugar tax thanks to its use of the sweetener stevia.
