Tag Archives: Coca Cola

Coca-Cola, Heineken, Lord’s Dry Gin shine at ADVAN Award

Beverage brands won big at the just concluded 2016 edition of the Advertisers Association of Nigeria Award (ADVAN) for Marketing Excellence.

While the top prize (Brand of the Year Award) went to Indomie Noodles, Coca-Cola was right behind in the second place in what was considered a closely contested race. Coke won six trophies at the annual event including first place in Digital/Social Media Marketing, Innovation and Experiential Marketing.

Interbrand’s Top global beverage brands for 2016

Interbrand, the world’s biggest and most influential brand consultancy has released its 2016 Top Best 100 brands report. The list is a mixed bag of brands from a diverse set of industries with Apple and Google topping the list.

There were 11 global beverage brands in the top 100, starting with Coca-Cola, 3; Pepsi Cola, 23; Budweiser, 30; Nescafe, 36; Jack Daniel’s, 85; Sprite, 86; Heineken, 87; Corona Extra, 93; Johnnie Walker, 95; Smirnoff, 96; Moet & Chandon Champagne, 97.

Beverage brands make list of Top 10 Nigerian brands

Ipsos, a global brands and marketing research firm for the first time in its five years of study has published the list of Top ten most influential out of 100 brands in Nigeria.

According to Ipsos, the brands were selected based on marketing survey conducted on 1000 Nigerians to assess 100 brands on various marketing parameters such as influence, trustworthiness, leading edge and corporate citizenship.

Sugar tax threatens thousands of jobs, says South African beverage industry

South African beverage industry has come out to oppose the proposed sugar-tax on sweetened beverages in the country, which the government announced earlier in the year and that is expected to come into effect on April 1, 2017. The group said the tax will lead to thousands of industry-wide job loss if implemented.

Coke Q2 profit rise 11% on lower revenue, amid currency headwinds

Coca-Cola said on Wednesday that second quarter net income rose 11% to$3.45bn, from $3.11bn earned in the same period in 2015.

The Atlanta-based soft drinks maker said that net income included non-cash gains from the deconsolidation of its German bottling operations, partially offset by charges from restructuring and re-franchising of its North American territories.

South Africa mulls sugar tax on sweetened drinks; Makes details of proposal available for public comments

The South African Treasury made public on Friday details of a proposal to apply a 20% tax on sugary drinks to stem the tide of obesity and its effects on the population such as diabetes, high blood pressure, stroke and others.

According to Treasury data, 55% of South Africans (42% women and 13% men) are overweight.

NBC Appoints Sade Morgan as Director, Legal, Public Affairs

Nigerian Bottling Company (NBC) Limited has announced the appointment of Mrs. Sade Morgan as Director, Legal, Public Affairs and Communications. Mrs. Sade Morgan took over the mantle of leadership of the newly merged Legal, Public Affairs and Communications department of the leading non-alcoholic bottling giant, with effect from February 2016.

South African Competition Commission approves AB InBev, SABMiller merger on conditions

The South African Competition Commission said on Tuesday it had approved the merger of AB InBev and SABMiller on the condition that AB InBev sell SABMiller’s 26% stake in Distell Group, a major producer of wines, cider and spirits in the country. According to Bloomberg, Distell is worth $559m.

Sugar shortages force Coca-Cola FEMSA to shut plant in Venezuela

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Coca-Cola FEMSA, the coke bottler in Venezuela said it was stopping production of sugar-sweetened beverages in the country due to shortage of sugar.

“Sugar suppliers in Venezuela have informed us that they will temporarily cease operations” Kerry Tressler, a spokeswoman for Coca-Cola, said in a released statement. “The company is talking with suppliers, government authorities and others to work on a solution.”

Coca-Cola revenue, profits fall on weak currencies

Coca-Cola’s revenue fell for the fourth straight quarter as weak demand in Europe and a strong dollar against other currencies cut into sales from other markets outside the United States, including Latin America.

Coke and its smaller rival, PepsiCo have been hurt as consumers increasingly turn away from carbonates and instead opt for healthier beverages such as teas, water, fruit juices and smoothies.