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Retail Asia02/11/2023

Coca-Cola HBC (Hellenic Bottling Company) has purchased Finlandia Vodka from liquor giant Brown-Forman for $342 million (US$220 million), subject to adjustments related to inventory and other working capital items. The beverage giant says the acquisition will bolster Coca-Cola HBC’s premium spirits credentials and drive mixability opportunities with premium and super premium non-alcoholic ready-to-drink (NARTD) products, […]

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Retail Asia30/10/2023

The US-headquartered company saw net revenues increase in most of its markets, including Europe, Middle East & Africa (10 percent), Latin America (24 percent), and North America (6 percent). Meanwhile, revenues in Asia Pacific declined 2 percent. Revenues of global ventures and bottling investments were up 15 percent and 4 percent, respectively. Global unit case […]

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Retail Asia26/10/2023

The Coca-Cola Company has raised its full-year guidance after its net revenue expanded 8 percent to US$12 billion for the third quarter. The US-headquartered company saw net revenues increase in most of its markets, including Europe, Middle East & Africa (10 percent), Latin America (24 percent), and North America (6 percent). Meanwhile, revenues in Asia […]

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Retail Asia14/09/2023

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Coca-Cola Australia has launched a limited-edition flavor called Coca-Cola Y3000 Zero Sugar across the country. The company says the latest launch is the first “futuristic flavor” co-created by human and artificial intelligence from Coca-Cola Creations. Last year, the business established a new global innovation platform called Coca-Cola Creations, which brings new products and experiences across […]

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Retail Asia18/08/2023

Swire Coca-Cola, a franchisee of the Coca-Cola Company, recorded a revenue of US$236.32 million in the first six months in Vietnam. Its pre-tax profit was around $33.21 million in the period. Swire Coca-Cola is a partner of the Coca-Cola Company with a franchise to manufacture, market, and distribute products of the Coca-Cola Company in China, […]

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Retail Asia12/01/2023

Coca-Cola Vietnam set a world record for the largest Vietnamese Tet meal table with the participation of 1,000 multi-generation families in Ho Chi Minh City on January 8. The meal was recognized as a record-setting event by the World Records Union (Worldkings). This record honors the tradition of family reunions over Tet meals and conveys the message […]

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Retail Asia30/11/2022

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Southern Premium Vineyards has acquired 35 vineyards from wine group Casella Family Brands. The sale comprises 7215 hectares across South Australia and NSW, including water entitlements and plant and equipment attached to the vineyards. The vineyards are located across the Clare Valley, Langhorne Creek and Limestone Coast regions of South Australia, and the Riverina precinct […]

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Retail Asia30/08/2022

Coca-Cola Europacific Partners (CCEP) is partnering with the University of California Berkeley (UCB), US, to develop methods of converting captured carbon (CO2) into sugar. The collaboration hopes its work will slash the emissions of some of the world’s most polluting supply chains. Established between CCEP Ventures and UC Berkeley’s Peidong Yang Research Group, the project […]

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Retail Asia15/08/2022

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Liberty, the local Coca-Cola bottler, has partnered with fiber-based consumer packaging supplier Graphic Packing International to produce multipacks in the paperboard packaging format called KeelClip, and use multipack carton application equipment in doing so. It will soon deliver this pack format to stores across the Philadelphia market. “Addressing plastic waste requires collective and collaborative thinking and action,” says […]

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Retail Asia20/07/2022

Hong Kong-based conglomerate Swire Pacific is offering $1 billion for Coca-Cola’s bottling operations in Vietnam and Cambodia, a move to expand its presence in the Southeast Asian market. Swire Pacific will pay Coca-Cola Indochina, which produces and sells Coca-Cola products in both countries, $1.015 billion in cash, South China Morning Post cited its filing to the Hong […]

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Retail Asia05/05/2022

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Coca-Cola has appointed Matthias Blume as its new VP of marketing, ASEAN and South Pacific. Based in Singapore, Blume will lead the company’s marketing and brand initiatives across Southeast Asia, Australia, New Zealand, and the Pacific Islands and serve on the company’s senior leadership team in the region. He was most recently the frontline director […]

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Retail Asia03/05/2022

Coca-Cola has opened the doors to its first flagship store in Europe today, in a vote of confidence for the West End. After a number of stores in the US, including the beverage titan’s home territory in Atlanta, Coca Cola is testing the waters with a UK experiential destination. The store is set to be […]

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Retail Asia11/02/2022

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The Coca-Cola Company on Thursday said it will aim for 25% of its packaging globally to be reusable by 2030, a move hailed by environmental groups who have called out the soft-drink maker for worldwide plastic pollution. Coca-Cola is a top target for consumer, investor, and environmental groups concerned about petroleum-based plastic single-use bottles clogging […]

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Retail Asia04/11/2021

Coca-Cola said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Gatorade. The deal marks a shift in strategy for the world’s largest beverage maker after it spent the last year […]

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Retail Asia17/09/2021

In much the same way plant-based meat companies are tweaking their offerings to make them taste more like the real thing, beverage giant Coca-Cola is doing the same thing with its no-sugar cola. Coca-Cola has a vested interest in creating a no-sugar variety that mirrors its sugar-laden offering as a way to keep people associated […]

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Retail Asia01/09/2021

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Coca-Cola Australia has launched a drink unlike any other it has produced before. For the first time, the company will enter the alcohol market with its Topo Chico Hard Seltzer which blends sparkling water with alcohol and natural flavor. The hard seltzer category has seen huge growth over the last 12 months and the soft drink giant […]

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Retail Asia30/04/2021

Coca-Cola Co on Wednesday agreed to sponsor a protected reserve in the Amazon rainforest, joining beer maker Heineken and a growing list of global corporations signing up to the Brazilian government’s “Adopt a Park” program. Environmentalists say that the program, launched by the right-wing government of President Jair Bolsonaro this year, amounts to “greenwashing,” or […]

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Retail Asia20/04/2021

Shareholders at Coca-Cola Amatil have voted “overwhelmingly” to approve Coca-Cola European Partner’s $13.50 per share takeover offer. The vote was held at 10 am on Friday, April 16, and saw 97.6 percent of shares proxy vote in support of the takeover – representing about 62 percent of total shareholders in CCA. Only 0.9 percent of […]

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Retail Asia09/07/2020

7-Eleven has teamed with carbonated beverage brand Coca Cola to open a new themed store in Hong Kong. Located at in Tsim Sha Tsui, the 7-Eleven x Coca Cola concept store is dressed in the distinctive Coke red. As well as the modern Coke livery, the counter features a banner with nostalgic advertising. The store […]

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Retail Asia22/06/2020

Beauty brand Morphe has teamed up with Coca Cola to launch a new makeup collection. Different to Morphe’s usual partnerships with famous beauty gurus such as Jaclyn Hill or Jeffree Star, the co-branding with Coca Cola has marked one of the brand’s biggest collabs. Called Thirst for Life Collection, the new beauty line will feature […]

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