Coca-Cola and Fifa resolve legal spat to continue Club World Cup deal Sport Business Coca-Cola and football governing body Fifa appear to have resolved their legal spat after the soft drinks giant was confirmed as a sponsor for the Club World Cup. Alongside German sports apparel firm Adidas, Coca-Cola opened separate legal cases against Fifa surrounding the sponsorship rights of the Club World Cup. The pair were reportedly unhappy [...]
Coca-Cola HBC: Growth continues despite headwinds Retail The bottling partner of Coca-Cola has reported double-digit revenue growth despite significant exchange rate headwinds in emerging markets. Coca-Cola HBC AG, the bottling partner of The Coca-Cola Company, said volumes grew 2.8 per cent in the twelve months ended 31 December 2024, driven by higher sales for coffee and energy drinks. The reported revenue of [...]
Innocent Drinks slashes loss after overcoming ‘challenging year’ Retail Innocent Drinks has slashed its pre-tax loss after it recovered from a “challenging year”, it has been revealed. The London-based brand, which is owned by Coca-Cola, has reported an operating loss of £3.7m for 2023, according to delayed accounts filed with Companies House. The results, which were filed long after the initial deadline of 30 [...]
Coca-Cola HBC raises guidance after strong half despite currency headwinds August 7, 2024 Coca-Cola HBC AG has raised its guidance after the company reported another strong six months of growth, despite currency headwinds eating into the group’s profits in emerging markets. The bottling giant behind Coca Cola and other major soft drinks reported revenue growth of 3.1 per cent in the six months to 24 June. Sales of [...]
Paris 2024 adverts: The best and worst Olympics commercials July 24, 2024 As the sports advertising world attempts to catch its breath after the highs and lows of the Euros, the Olympics and Paralympics have other ideas, with Paris 2024 welcoming the world’s best athletes and the world’s biggest brands for a month of sporting excellence. Whilst every brand and his dog tried to tap into authentic [...]
This infuriating new EU rule has everyone flipping their lid July 10, 2024 A new EU directive banning fully detachable lids on plastic bottles has angered soft drink consumers everywhere, says an orange-juice soaked Steve Allen I sit here furious, looking like I’m lactating Sunny Delight. My white shirt, clean on today, has a yellow stain down the front from a bottle of orange juice. EU Directive 2019/90 [...]
Apple’s latest iPad advert backfired, but how does it rank amongst the worst ever? May 11, 2024 We have gone through some other commercials and advertising campaigns which spectacularly backfired, to consider where they rank.
Coca-Cola Europacific snaps up Philippines fizzy drink maker in $1.4bn deal February 23, 2024 Coca-Cola Europacific Partners (CCEP) has acquired the equivalent of the company in the Philippines in a deal valued at $1.8bn (£1.4bn).