NEW ZEALAND: Rio Beverages fined for misleading consumers
An Auckland District Court found Rio Beverages guilty of making false and misleading claims about its "Thexton's Quality Beverages" range of products.
Rio's marketing of its Thexton-branded cranberry, orange, pink grapefruit and red grape products was emphasising their health benefits, highlighting the inclusion of echinacea and its ability "...to assist in warding off winter colds and flu".
However New Zealand authorities found that as much as 177 litres per day of the Thexton's beverage would need to be consumed by an individual if they were to get any health benefits from the echinacea.
Rio's was also fined for having less blackcurrant juice in its drink than claimed on the packaging. The Fair Trading Commission said that an increasing number of drinks were made to look like they contained fruit juice but in fact contain very low percentages of fruit juice.
Companies: Coca-Cola Amatil
Coca-Cola Amatil produced decent first-half results but speculation that it may sell some of its international operations and its determination to look beyond the core soft drinks sectors for growth i...
Coca-Cola Enterprises has refused to be drawn on the candidates to replace outgoing president and CEO John Alm....
Coca-Cola Amatil said yesterday (10 August) that it has agreed to purchase the business and assets of the Grinders Coffee Group (Grinders)....
Following a review of its operations, Coca-Cola Amatil has announced its intention to restructure its Asian business activities through the creation of an Asian Beverage Division (CCA Asia)....
Coca-Cola Amatil (CCA) has seen its net profits increase 16.8% to A$145.2m in its first half, driven in part by growth of non-carbs and innovation, the company said today (10 August)....
Coca-Cola Amatil (CCA) is poised to shake up its Indonesian and South Korean bottling operations, according to an investment bank....
Coca-Cola Amatil is to issue a five-year A$250m (US$192m) domestic debt issue....
SPC Ardmona has signed an agreement with parent company Coca-Cola Amatil (CCA) to supply it with apple juice....
- The End of the Road for International Beer Brands?
- Comment - Another One Bites Bacardi's Dust
- Pernod Ricard's FY Performance by Region, Brand
- just The Preview - Pernod Ricard's Q4 & FY
- US craft vodka puts squeeze on Pernod's Absolut
- Mast-Jägermeister targets UK off-trade boost
- Pernod bemoans tough FY as sales, profits drop
- ASA bans Jägermeister TV ad
- Bacardi announces CFO switch
- SABMiller exec to become CFO at Beam Suntory