AG Barr and Britvic insist on the ‘compelling commercial and industrial logic’ of an all-share merger to create one of the top soft drinks companies in Europe with a turnover of over £1.5bn.
“I know what people are thinking as they head out for a Big Mac, large fries and cola: why not make it a lighter meal and opt for diet- or zero-calorie Coke—or now, a Pepsi Special?” reasons Rashi Chowdhary, a Dubai-based nutritionist.
PepsiCo has officially opened a food and beverage innovation center in China to serve as a hub of product, packaging and equipment innovation for the business throughout Asia.
The Coca-Cola Company, PepsiCo and other firms riding the convergence wave marrying soft drinks to dairy face massive future commodity sourcing challenges.
PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in Europe and Puerto Rico.
Pepsi NEXT has been launched in Australia, but intriguingly the drink has been formulated with stevia for this market to achieve a 30% sugar reduction, rather than the 60% effected with other sweeteners in the US.
PepsiCo says it feels sadness after the sudden resignation of president John Compton, who has left the firm to pursue a ‘once in a lifetime’ opportunity as CEO of Pilot Flying J.
Japanese Pepsi bottler Suntory could enter the fray with a rival bid for Britvic, according to one City analyst, but he added that this was unlikely due to the firm’s debt levels and low free cash flow yield.
As reports circulate suggesting PepsiCo is trialing an alternative sweetening system for Diet Pepsi, the company insists that it has no intention of altering the drink’s formula or taste.
OK, I confess, I am becoming fun averse. Given a choice between 24/7 full-on ‘fun’ and a cup of cocoa and an early night, as my years advance I’m inching closer to the jar of Green & Black’s and the light switch.
PepsiCo has signed an agreement with Diamond Star to distribute its beverage brands in Burma, granting the latter exclusive rights to sell and distribute the Pepsi Cola, 7-Up and Miranda brands in the country.
PepsiCo has reportedly reached an out of court settlement in a lawsuit filed in 2009 by a US man who alleged he found a mouse in a can of Mountain Dew.
With an industry consensus forming that stevia can only offer a 50% calorie reduction in soft drinks, the US success of mid-calorie cola Pepsi NEXT could silence some of the sweetener’s critics, says one analyst.
PepsiCo continues to trail US rivals such as Coca-Cola in the vital energy drinks space, while new management and innovation could kick-start the former’s beverage business, according to one investment research firm.
Coca-Cola FEMSA insists that rival PepsiCo is ‘desperate’ to boost cola volume sales in parts of Mexico and has cut prices accordingly, but the former feels comfortable about pushing through price increases in most of its major markets.
PepsiCo claims it is ‘cautiously optimistic’ on the prospects for brand Pepsi, as its second quarter results released today revealed that total operating profits slumped 14%.
PepsiCo has told BeverageDaily.com that it believes its two new summer-time only flavours will continue to encourage consumer trial and awareness of the its new mid-calorie cola launch Pepsi NEXT.
PepsiCo claims that its new malt-based Mountain Dew is unlike any other soft drink on the US market, and predicts consumers will be keen to try the premium-priced limited edition 'craft soda’.
Coca-Cola has cancelled Brazilian soccer star Ronaldinho's $750,000 per year contract after he was sighted with two cans of Pepsi at a recent press conference, according to reports.
A new US study has found that bananas were as effective as PepsiCo sports drink Gatorade in providing nutritional support to trained cyclists during prolonged and intensive exercise.
PepsiCo Japan launched of 'Pepsi Extra' as an addition to its Nex range in Japan on June 26, with the drink packed in 200ml cans and reformulated to feature added caffeine and increased sweetness.
PepsiCo Americas Beverages says flavoured carbonates are predicted to outsell colas in the US by 2015, as it revealed plans to capitalise upon growth in this segment, where growth is being led by Hispanic consumers.
PepsiCo Americas Beverages CEO, Al Carey, says his business is seeking a ‘sustainable fix’ to regain value share, with pack size limitations vis-à-vis Coke one issue being addressed via new launches.
PepsiCo has appointed Mauro Porcini in a newly created role of chief design officer, with responsibility for 'infusing design thinking into PepsiCo's organisation and culture' by globally managing the firm's brand design.
Coca-Cola has lost a trademark fight against PepsiCo after a German court ruled that the latter’s ‘Carolina’ glass bottle does not illegally resemble Coke’s hallmark ‘Contour Bottle’.
Mexican police were hunting for culprits following the latest attack on PepsiCo's Mexican subsidiary Sabritas last Thursday, with a powerful drugs cartel believed to be behind a series of attacks on the firm's warehouse and trucks that began...
PepsiCo has scored a victory in the ‘all-natural’ civil litigation stakes after persuading a judge in California to dismiss a class action lawsuit alleging it misled consumers of its SoBe beverages.
PepsiCo has won an appeal to trademark a name for alcoholic drinks that it could start producing in Russia, in what would be a world first for the beverage giant, but says it has 'no immediate plans' to launch products.
Leading US analysts believe that major shareholders are pushing for a PepsiCo split that could happen sooner rather than later, and said the firm could spin-out or sell its Americas Beverages or American snacks businesses.
PepsiCo says it is ‘reviewing’ the Public Health Advocacy Institute’s letter to the US Federal Trade Commission, attacking the firm for claiming that Gatorade helped basketball star Michael Jordan win a key match whilst ill, and asking whether film had...
The Coca-Cola Company is poised to test its own mid-calorie sodas in the US using Sprite and Fanta using natural sweeteners including Cargill's stevia brand, hot on the heels of PepsiCo’s mid-calorie cola launch Pepsi NEXT.
Rexam has revealed to BeverageDaily.com that its FUSION aluminium bottle has established a foothold in Europe, with PepsiCo even trialing it in Italy this year, the first launch using a carbonated soft drink (CSD).
PepsiCo’s new mid-calorie cola brand ‘NEXT’ risks 're-hashing a failed concept behind a new flavour', despite data supporting low-calorie cola growth, according to Euromonitor International.
PepsiCo UK has initiated a recall of Tropicana Kids Orange Juice Drinks over fears the cartons contain potentially hazardous water rather than the typical orange juice blend.
Sales of new mid-calorie cola Pepsi NEXT are ahead of expectations, while early feedback suggests it is attracting new consumers - as well as lapsed cola drinkers - into the cola category, PepsiCo has revealed.
PepsiCo brand Tropicana has launched two new US Trop50 varieties, including an innovative juice with tea mix and a red orange juice with 50% less sugar and calories.
Desperate Housewives star Eva Longoria helped launch Pepsi's new medium-calorie cola, Pepsi NEXT, during an event in New York earlier this month and said she wanted to turn "cola lovers in New York into believers".
Coca-Cola Company CEO Muhtar Kent says the firm will not change its Chinese business strategy in response to PepsiCo’s new alliance with leading local drinks maker Tingyi-Asahi Beverages (TAB).
PepsiCo UK and Britvic claim to have 'won the race' to launch the first UK soft drink containing stevia extract by formulating the high intensity sweetener within a functional water range from the end of April.
SIG Combibloc says that milk-mix drinks are a rapid growth category in Brazil, and has revealed that it is discussing new “business opportunities” with PepsiCo having just supplied the beverage giant with a new filling line in the country.
Leading US nutrition expert Professor Marion Nestle says that PepsiCo’s decision to invest around $500m on marketing ‘megabrands’ she describes as unhealthy was a ‘crass commercial decision’, but the firm insisted that ‘health and wellness’ was crucial...
The American Beverage Association (ABA) has accused the Center for Science in the Public Interest (CSPI) of scaremongering after the watchdog warned yesterday that Coke, Pepsi and the FDA were ‘needlessly exposing’ millions of consumers to a known animal...
PepsiCo is aiming strike back at Coca-Cola with it mid-calorie ‘NEXT’ cola launch at the end of March, after the latter’s Diet Coke brand pulled ahead of Pepsi-Cola in 2010, but the move carries risks, according to a Datamonitor analyst.
Flavour ingredients house Senomyx has hinted at PepsiCo’s interest in its work on developing an enhancer to reduce high fructose corn syrup (HFCS) levels in beverages and foods by up to 33%.
Coca-Cola has welcomed a decision by the United Arab Emirates (UAE) Ministry of Economy to reverse its ban on the sale of 300ml cans, which also saw cans of other sizes stripped from shelves last week, after a row broke out last week about their illegal...
PepsiCo now has 22 brands with at least $1bn of sales each year, including 14 billion-dollar beverage brands, with Diet Mountain Dew, Brisk and Starbucks RTD the most recent additions, the company has said.
PepsiCo and Ocean Spray have annonced a strategic alliance in Latin America in a bid to strengthen the former's juice portfolio in the region and increase accessibility of the latter's products in this region.
PepsiCo is fighting claims by a consumer that he found a dead mouse in a Mountain Dew can, with a scientist testifying that there is no way the creature could have passed the bottling process intact.
