KOREA: Soft drinks sales continue to climb
According to Asia Pulse, Coca-Cola Korea has predicted sales of 400 billion won ($298m from $265m in 2000) and Pepsi expects to grab a 15% market share with 210 billion won ($156m) in sales this year.
Other soft drink manufacturers, Haitai Beverage and Lotte Chilsung Beverage have also predicted a rise in sales.
Lotte expects sales to climb 37% from 2000 to 480 billion won ($358m) this year. And Haitai Beverage has predicted it will earn 170 billion won ($126m) this year, holding a 15% market share.
In the battle of the giants, PepsiCo has stolen a march on Coca-Cola over the last year or so and its performance in the first half of the current fiscal year suggests it is still has the upper hand. ...
A recent report on the UK soft drinks market showed that growth in non-carbonates at the expense of traditional carbonated soft drinks is much less marked in the on-premise sector than in the take-hom...
A departing PepsiCo executive is to be handed a US$4.56m package spread over the next two years for his consultancy services....
The Pepsi Bottling Group has signed a letter of intent to acquire Pepsi-Cola Bottling Company of Charlotte (Pepsi Charlotte) for an undisclosed sum....
The Pepsi Bottling Group today reported second quarter net income of US$148m, or diluted earnings per share (EPS) of $0.59. The results were up on the same period last year as the company grew volumes...
Pepsi-Co. has been removed from a Syrian blacklist of companies which have dealings with Israel, according to a report in the official Syrian newspaper al-Thawra....
Pepsi has launched a new 50cl silver-coloured bottle for its Pepsi light soft drink as part of a major advertising campaign to roll out this summer in Spain....
PepsiCo's president and CFO, Indra Nooyi, has been forced to apologise for remarks she made whilst speaking to the 2005 graduating class of Columbia University's Business School in New York City last ...
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