Tag Archives: The Coca-Cola Company

Coca-Cola rolls-out Costa Coffee RTD

Coca-Cola has announced the launch of its much awaited Costa Coffee RTD as the soda giant forges ahead with further broadening of its portfolio.

The company best known for its trademark Cola said that the new offerings will come in variants of Classic Latte, Caramel Latte, and Black Americano.

Monster Beverage weighs venturing into alcohol, soft drinks business

Energy drinks maker Monster Beverage Corp is considering expanding its business line beyond energy drink.

The US-based company said at a shareholder’s meeting on Thursday that it was looking to grow its portfolio into different categories beyond energy drinks.

Coca-Cola ranked as the fourth most admired brand in Africa

Coca-Cola has been ranked as the fourth most admired brand in Africa’s Best 100 Brands Awards.

Camilla Osborne, Head of Communications, Southern and East Africa made the disclosure on Monday.

Osborne said that Coca-Cola was the only food and beverage brand ranked in the top five most admired brands in Africa, based on the opinions spontaneously recalled by consumers.

Coca-Cola to hold onto majority stake in CCBA as talks hit an impasse

The Coca-Cola Company announced on Monday it would retain its majority stake in South African-based Coca-Cola Beverages Africa (CCBA) as talks to find a bottling partner(s) could not be reached.

The soft drinks giant had wanted to refranchise the bottling unit as part of its global plan to unload its capital intensive manufacturing and distribution operations to focus on its main beverage business and improve margins.

Coca-Cola stretches its boundaries as it preps to launch alcohol mixers

Coca-Cola is set to launch a new set of premium mixers under its signature Coke brand as it expands into the premium mixer market.

The new mixers will have four flavours produced to be mixed with dark spirits, which will be unveiled in the UK in June, supported with a fully integrated marketing campaign.

Coca-Cola prepares to launch Coca-Cola coffee blend

Coca-Cola has announced plans to make a push into coffee with the launch of Coca-Cola coffee later this year.

The company will unveil the new drink in more than 25 markets around the world later in 2019.

Commenting on its plans, Coca-Cola CEO, James Quincey, said: “Coke Coffee was designed to reach consumers during specific occasions and channels like the mid-afternoon energy slump at work.”

Coca-Cola post strong Q1 results, driven by innovation and revenue management initiatives

The Coca-Cola Company said on Tuesday that first quarter revenue grew by 5% to $8.02bn (€6.17bn) from $7.6bn in 2018.

The company noted that concentrate sales growth of 1% and price mix growth of 5% in the first quarter were driven by consumer-centric innovation and solid revenue management initiatives in the marketplace.

Commenting on the results, the CEO of The Coca-Cola, James Quincey, said: “We’re encouraged by our first quarter results as our disciplined growth strategies continue to deliver strong underlying performance.

Coca-Cola introduces first Energy drink under its brand name

Coca-Cola Energy drink is set to make its debut in the UK in April as the soft drinks giant tries to appeal to younger demographics and diversify away from its namesake soda.

The Energy drink being rolled out will have two variants – with and without sugar.

Jon Woods, general manager of Coca-Cola Great Britain and Ireland, says: “Our strategy is to offer people a wide range of drinks to meet different lifestyles and occasions and Coca-Cola Energy is the latest example of that.

Multinational firms band together to tackle plastic waste in Sub-Saharan Africa

A group of multinational firms with operations in Africa have come together to launch the Africa Plastics Recycling Alliance in a bid to reduce the problem of plastic waste across the continent.

The companies – Diageo, Unilever, The Coca Cola Company, Nestlé and Promasidor unveiled the alliance at the CEO Africa Forum in Kigali, Rwanda.

Coca-Cola and bottling partners to boost recycling of PET in East, Southern Africa with $38m investment

Coca-Cola has announced new collection and recycling plans for PET plastic in Southern, East and Central Africa for the next three years.

The company, in partnership with its bottling and industry partners in the region, will invest around US$38m to boost recycling industries and educate consumers about recycling.