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Home » Topics » Latest Insights

Latest Insights
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Coke to Eliminate 2,200 Jobs Globally

Cuts Include 1,200 US Positions at Corporate, North America Units
December 17, 2020

Coca-Cola has informed employees internally of a wave of new job cuts this week in support of a global restructuring program announced in August. The eliminated positions include previously announced voluntary separations and now involuntary separations started this week, according to a


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Emergency Arbitrator Says PepsiCo Remains Bang's Exclusive US Distributor

Bang Ordered to ‘Cease’ Activity in PepsiCo Distribution Territory
December 8, 2020

An emergency arbitrator has ordered Bang Energy for now to stop actions to take distribution back from PepsiCo. The interim ruling filed today also orders Bang owner Vita Pharmaceuticals to abide by the terms of its distribution agreement with PepsiCo during the contract’s three-year notice period...The full court document is available for Beverage Digest subscribers HERE.


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Exclusive Q&A: Bang CEO Offers View of PepsiCo’s Performance. “Terminated Means Terminated.”

Pepsico Has Said It Remains the Exclusive Distributor of Bang in the US.
December 4, 2020

Following Bang Energy’s termination of its 10-year distribution deal with PepsiCo and subsequent lawsuit, BD requested interviews with Bang Founder and CEO John H. “Jack” Owoc and other company officials. Owoc, on behalf of Bang Energy, agreed to answer written questions by email.

Given the high interest in the sudden dispute between Bang, one of the most important energy brands to emerge in recent years, and PepsiCo, a multinational food and beverage company, Bang’s emailed responses to BD’s questions have been included below in full, unedited.


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International Perspective: Coke, Pepsi Global Volumes

Brazil Offers Bright Spot. Mexico Falls
December 1, 2020

Coca-Cola posted third-quarter volume declines in most markets, according to a BD review of regulatory filings. The company’s expansive exposure to ...


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Non-Carbonated Beverage Performance at Retail

Strong Growth Through Nine Months of 2020
December 1, 2020

Four of five non-carbonated beverage categories tracked by BD grew by volume and dollars during the first nine months of this year, as the table with this story shows.  ...  


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Bang Drops, Sues Distributor PepsiCo

Energy Drink Maker Claims PepsiCo Breach, Interference
December 1, 2020

A 10-year distribution agreement between Bang Energy and PepsiCo that began just eight months ago has devolved into confusion and a lawsuit. On Nov. 25, bang owner Vital Pharmaceuticals, also known as VPX, sued PepsiCo in US District Court in Florida alleging that PepsiCo has breached the agreement and interfered with Bang’s business relationships. The lawsuit, reviewed by BD, comes ...


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Coke Bottlers Meet to Discuss 2021 Plans

Rivera Addresses North America Bottlers, Shares Vision for ‘Moonshot’
December 1, 2020

Franchise bottlers for Coca-Cola’s North America Operating Unit recently met virtually to review innovation and system execution plans for 2021. Those plans will center on growing the base business, relaunching innovation that was disrupted in 2020, and introducing “purposeful” innovation, according to multiple sources who attended...


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Bang Energy Terminates PepsiCo Distribution Deal Without Cause

PepsiCo Executive Calls Decision ‘Confusing’ Given Progress
November 17, 2020

Updated:  Bang Energy has cancelled its master distribution deal with PepsiCo without cause, according to a termination letter released by Bang this morning. PepsiCo's SVP of Energy Integration Eric Hanson spoke to BD about the termination in an exclusive interview ...


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Stock Watch: National Beverage, Monster Shares Soar Despite Pandemic.

Coke Bottlers Fall.
November 11, 2020
LaCroix maker National Beverage turned in the top stock price performance so far this year among beverage companies tracked by BD. As of the Nov. 9 market close, National Beverage’s per-share stock price grew almost...                                               
        

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Sparkling Water: Aha Launch Disrupted

LaCroix, Sparkling Ice, Topo Chico Rise
November 11, 2020
Coca-Cola’s Aha sparkling water launch has fallen behind the pace set in 2018 by PepsiCo’s Bubly introduction, according to US retail data tracked by BD. Following its March launch, Aha reached a ...                                               
        

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