Tag Archives: The Coca-Cola Company

Coca-Cola to venture into alcoholic drinks

Coca-Cola has announced it would start making alcopops in Japan.

Alcopops are a special type of alcoholic beverages that mixes flavoured or real fruits such as apples, citrus, lemon and others with spirits like vodka, rum, etc.

Coca-Cola to cut jobs in Atlanta

Beverage giant Coca-Cola announced on Monday that it will be reducing its head count by about 350 personnel over the next few months, most of which will come from its Atlanta, Georgia United States headquarters.

The company is making the cuts from its North American business unit, which has about 8,000 employees overall, as part of ongoing changes in the shape of the business, according to Kent Landers, company spokesman.

Coca-Cola announces six winners of “Sweet Story Challenge”

The Coca-Cola Co has announced the six winners of the “Sweet Story Challenge” that it launched last August, which invites people from around the world to “submit written anecdotes and videos about their favourite, tried-and-true-methods of naturally sweetening foods or beverages in their cultures, communities or families.”

According to the company, each winner will get $20,000 grand prize for their submission of personal stories that shaped new sweetener ideas. The winning submissions were selected by a panel of judges based on the novelty of the ideas and the quality of the contestant stories.

Coca-Cola full year results hurt by refranchising costs, tax charge

Leading beverage maker Coca-Cola said that full year net revenues for 2017 declined 15% to $35.4bn and by 20% in the fourth quarter alone to $7.5bn from $9.4bn in the previous year.

The soda giant blamed the revenue decline on “structural headwinds” related to costs associated with the ongoing refranchising of its North American bottling operations which is now complete.

FIFA, Coca-Cola kick-off World Cup Trophy Tour

FIFA World Cup Trophy Tour by Coca-Cola flagged-off on Monday with an official launch ceremony in London, with former FIFA World Cup winners Sir Geoff Hurst of England and Andrea Pirlo of Italy on hand to send the FIFA World Cup Trophy on its worldwide journey.

Coca-Cola commits to 100% recycled packaging by 2030

Soft drinks giant Coca-Cola announced on Friday an ambitious goal to recycle every bottle or can it produces by 2030.

The firm which operates in over 200 countries and markets more than 500 brands of soft drinks, juices, water and tea admitted its part in littering the environment and a responsibility to tackle the problem.

In a statement released by the company’s chief executive officer, James Quincey, he said “The world has a packaging problem and, like all companies, we have a responsibility to help solve it,” he said.

Coca-Cola to roll out new “Spiral” Fanta PET bottle design

The Coca-Cola Company (TCCC) is set to roll out a new “spiral” Fanta PET bottle.

The new PET bottle which was designed by packaging firm Sidel is already available in some European markets but will be rolled out to other markets in the coming months, according to the packaging firm.

Coca-Cola unveils three new variants of Five Alive juice

Coca-Cola launched three new variants of its popular Five Alive Fruit Juice in Lagos on Tuesday. The soft drinks and juice maker advised Nigerians to reduce their sugar consumption and adhere to a healthy lifestyle.

While introducing the new variants to the media, Coca-Cola Marketing Manager, Stills and Flavours, Gbolahan Sanni, said that consuming more fruits daily either by eating or drinking makes one healthy. Consequently, Coca-Cola Ltd has introduced drinks with more natural content to the market.

Coca-Cola to launch Stevia sweetened soft drinks in 2018

Coca-Cola has announced it will pilot a new Coca-Cola drink sweetened with Stevia instead of sugar next year.

The beverage giant made the announcement recently during its Investor Day Conference in Atlanta, Georgia, USA.

According to the company, Coca-Cola Stevia No Sugar will be 100% sweetened with Stevia, a plant-based sweetener that has zero calories and does not have an aftertaste, a problem the company has faced with previous formulations such as Diet Coke and Coca-Cola Zero.

Coca-Cola Q3 profit rises 38% on cost efficiencies, sales dip on refranchising costs

The Coca-Cola Company (TCCC) reported net revenue of $9.1bn for the third quarter of 2017, down 15% from last year’s $10.6bn, blaming the decline on ongoing refranchising of its bottler territories.

The soda giant said that total unit case volume was unchanged from last year, although certain emerging markets in Latin America and developing markets showed improving trends with slightly positive case volume growth, which offset declines in developed markets that were impacted by weather and the cycling of strong results from the prior year.