Tag Archives: Soft Drinks

With $4b investment, Coca-Cola aims for growth in China

27 Aug

Fanta Strawberry. Available to buy online in Australia from Moo-Lolly-Bar. To go there just click on this link!Coca-Cola Co. and its Chinese bottling partners will invest $4 billion in the world’s fastest growing economy over three years from 2012 amid plans to build more factories and win market share from rival PepsiCo Inc.

The money will help build bottling plants, fund distribution and develop new cold drinks for the maker of Fanta, Nestea, and Glaceau Vitaminwater, Coca-Cola spokeswoman Zhao Yanghong said yesterday.

The world’s largest soft-drink maker is investing to focus more on “one of our most important growth markets in the world,’’ Chief Executive Muhtar Kent said in a statement yesterday.

China sales for Atlanta-based Coca-Cola topped 1 billion unit cases in the six months through June, double the rate of 2005, when it sold that amount for the whole year, the statement said.

“China is a real important market for them,’’ Ben Cavender, an analyst at China Market Research, said. “In order to stay ahead of Pepsi, they need to keep investing as the competitor is investing a lot of money in the market as well.’’

Coca-Cola said in June it was in talks with China’s government to sell shares in Shanghai.

The company posted worldwide volume growth of 6 percent in the second quarter, and aims to double system revenue by 2020.

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The company, whose Sprite brand is China’s top-selling soft drink, will open plants in the northern cities of Yingkou and Shijiazhuang, the statement said.

Coca-Cola has 40 plants in China employing more than 48,000 people and about 7 percent of sales volume is made in the country, it said.

The maker of Minute Maid juice will have invested $7 billion in China between 2009 and 2014 with its two Chinese bottling partners, according to the statement.

PepsiCo in May last year said it planned to invest $2.5 billion in China over a three-year period. It had in 2008 announced the company would spend $1 billion through 2010 in the world’s most-populous nation.

Coca-Cola is the dominant soda maker in China with 61.5 percent of the market last year, followed by Pepsi in second place at 29 percent, according to London-based researcher Euromonitor International.

Article posted by Spencer Samaroo, Managing Director, Moo-Lolly-Bar
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Source and Photo: Boston.Com

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Dr Pepper Bottler To Continue Production Despite Lawsuit

18 Aug

Dr Pepper. Available to buy online in Australia from Moo-Lolly-Bar. To go there just click on this photo!A Texas soda bottler said it will fight to keep using its local label after Dr Pepper Snapple Group Inc. (DPS) accused the company of violating its license agreement.

Dr Pepper Snapple Group sued Dr Pepper Bottling Co. of Dublin in June, saying the small soft drink bottler was taking business away from other Dr Pepper bottlers by selling beyond its agreed-upon six-county territory.

Dublin Dr Pepper has been selling its sweet-tasting version of the soft drink since 1891. The company for years sold a cane-sugar-sweetened version of the soda in local stores and on the Internet under its own “Dublin Dr Pepper” label–another trademark infringement, Dr Pepper Snapple says.

In a response to the lawsuit, Dublin Dr Pepper called the company’s stance inconsistent, noting Dr Pepper Snapple’s corporate website had directed customers to the Dublin bottler’s home page and toll-free number as late as this year. The Texas bottler also said the company has not taken similar action against North Carolina and Missouri bottlers that have essentially marketed their products the same way.

Dr Pepper Snapple spokesman Chris Barnes said any online references would be “beside the point” after the Texas bottler allegedly violated its contract. Dr Pepper Snapple tried to resolve the issue without turning to the courts, he said, but only ran into more resistance.

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“We’re not seeking money or to prevent Dublin from selling Dr Pepper made with cane sugar,” Barnes said. “We simply want them to sell only within their six-county territory and stop marketing and packaging Dr Pepper as ‘Dublin Dr Pepper.'”

Some bottlers back Dr Pepper Snapple for tackling what they say is a growing problem with trans-shipments, in which one bottler’s soda is sold in another’s territory. Soft drink companies have long granted exclusive territorial rights to bottlers, a practice protected under the Soft Drink Interbrand Competition Act of 1980.

“Dublin Dr Pepper has had many good years in a cooperative and supportive relationship with our corporate partner to create and build an incredible consumer passion for the Dr Pepper brand,” Dr Pepper of Dublin President and Chief Executive Bill Kloster said. “All we want to do is bottle the original Dr Pepper recipe and conduct business honestly and fairly like we’ve always done.”

Article posted by Spencer Samaroo, Managing Director, Moo-Lolly-Bar
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Source: Online WSJ

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