Hints and tips:
...Advertising on TikTok in the US grew by 11 per cent in March, with companies including Pepsi, DoorDash, Amazon and Apple among the top spenders, according to data from app analytics group Sensor Tower....
...The price of Lay’s potato chips was lifted 25 per cent in the year to end September, against an average increase of just 7-10 per cent for the category, according to market research group, Kantar....
...On Tuesday, snacks and drinks group Pepsi reported solid earnings and raised its annual guidance. It simultaneously dismissed concerns that consumers are becoming less hungry....
...Expectations for the group appear to be low and falling....
...At a Fortune event earlier this week, Pepsi chief executive Ramon Laguarta touted the company’s commitment to reducing plastic waste....
...Campari said the deal would lead to increased distilling infrastructure, bottling and warehousing capacity in the Cognac region....
...The advert, made under the umbrella of Burrell-McBain Inc (“An Advertising Agency for the Black Commercial Market”) formed in 1971, was a partnership between Tom Burrell, who was a copywriter by trade, and...
...“Diet cola drinkers in the US told us they wanted aspartame-free Diet Pepsi and we’re delivering,” said Seth Kaufman, senior vice-president of the company’s Pepsi and flavours portfolio at the time....
...Pepsi reports Thursday, and a pack of big banks follow on Friday. Expectations are that S&P 500 second-quarter earnings fell 7 per cent from a year ago....
...Byju’s and Dream11 outspent such global powerhouses as Procter & Gamble, Mondelez, Coca-Cola, Pepsi and Nestlé....
...“Pre-acquisition Fiserv and FIS were incredibly similar companies — the Coke and Pepsi of legacy fintech....
Candy and pet food group is in its 111th year of business
...Other consumer goods groups including Reckitt Benckiser, Procter & Gamble and Nestlé are due to report their earnings later this week....
...Coke said it was “suspending its business” in Russia shortly before Pepsi, the beverages and snacks group, announced it would suspend the production and sale of drinks brands including Pepsi while maintaining...
...The New York-based consumer goods group announced in March that it would suspend sales of brands including Pepsi and 7Up in Russia, while maintaining that it had a humanitarian responsibility to continue...
US group boosted as consumers return to cinemas, bars and restaurants
...Jim Andrew, chief sustainability officer at PepsiCo, said the company was pushing ahead with goals including moving “key Pepsi-branded products” in 11 European markets to 100 per cent recycled plastic this...
...Sugar-free Pepsi Max’s 42 per cent market share is more than double what it has in European markets. Lower prices for Pepsi Max are one reason....
...So we want to put on the app a way that they can start ordering that Coca-Cola, or Pepsi or crackers, and then we can start disrupting this whole industry, cutting out the middleman....
...Ad group Interpublic and telecom conglomerate Verizon also beat consensus estimates set by analysts....
...Laguarta also hails Europe’s greener policies and recycling infrastructure, which means all Pepsi bottles in Europe will be made of recycled polyethylene terephthalate (rPET) by 2022, while its US bottles...
...Rival PepsiCo aims to achieve net zero by 2050, and also said this week it would use entirely recycled plastic for bottling the Pepsi brand in nine European markets by 2022....
...The group, which makes Gatorade sports drinks, Tropicana fruit juice and its namesake fizzy beverage, reported a 5.5 per cent year-on-year increase in fourth-quarter organic sales of Pepsi sodas and other...
...It got off to a rocky start last summer when US soft drinks group PepsiCo objected to its proposed name: The Pan-European Payment System Initiative, or, PEPSI....
...The group has benefited from people eating more snacks between meals during lockdown, although demand for drinks in bars and restaurants has been hit....
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