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India sells cheapest, most accessible coke: Coca Cola COO James Quincey

Coca Cola will accelerate re-franchising, selling of its bottling businesses globally, by 2017-end, the beverage giant's global president James Quincey said in a Deutsche Bank Global Consumer conference call on Thursday night. "We are going to go from being...

Mango Wars: Frooti takes back No 2 slot from Slice

The three most popular brands of mango drinks are engaged in a tussle to grab the number 1 slot in India. Slice, Frooti and Maaza are all struggling to dominate the mango drink market and improve their market share. According...

NGT orders re-inspection of Coca Cola's plant in UP

The National Green Tribunal has ordered re-inspection into the premises of beverages major Coca Cola's Hapur plant in Uttar Pradesh to investigate whether it was discharging effluents into a nearby pond. According to a report in PTI: The green panel...

Demand for Coke's namesake sodas decline

During the first quarter, Coca-Cola has experienced decline in the popularity of its namesake sodas in the key markets. The current trend reflects a mix of changing tastes, challenging economic conditions and a shifting business strategy. According to a report...

Cola consumption slumps to 30-year low in the US

Overall sales of the carbonated soft drinks have dropped for the 11th consecutive year in the US. In 2015, the total volume of soda consumed in the US has dropped 1.2 per cent as compared to a drop of...

Coca Cola downsizes, asks 65 workers to opt for VRS

  Popular beverage manufacturer Coca-Cola has let go of 65 employees at its bottling unit Hindustan Coca-Cola Beverages (HCCB) through a voluntary retirement scheme (VRS). The company has suspended operations at five plants citing flagging demand and is also exploring options...

IFF 2016: Millennials reforming food retail

The most awaited congregation of food & grocery retail fraternity – the 9th annual India Food Forum – was held recently at Bandra Kurla Complex, Mumbai from 19-21 January 2016. Not only were the bigwigs of the food industry...

Coca Cola meets CEA over 'sin tax'

Senior officials from Coca Cola have reportedly met with India's chief economic advisor (CEA) Arvind Subramanian, to convey their concerns over a recommended 40 per cent 'sin tax' on 'addictive' products such as pan masala, tobacco and aerated drinks...

FMCG, e-comm majors contribute toward relief measures in Chennai

While last week, some e-commerce majors came together to help rain-hit Chennai with use of technology and social media platform, FMCG giants have now begun contributing heavily towards the relief operations. Nestle India, which relaunched Maggi noodles on retail shelves...

Leveraging Social Media to Optimize Sourcing-to-Shelf Processes

More than half the world’s population is connected to the internet on smartphones and nearly 20 per cent of the world’s population is on Facebook. As Facebook, Twitter and other social tools go mainstream, retailers find a huge opportunity...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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