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Two years ago, Coca-Cola booked a $760m impairment related to the Bodyarmor trademark.
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According to France’s wine and spirits exporters’ association, total export sales fell 8% to €14.34bn ($17.08bn).
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In September, the US food-and-drinks group announced plans to split in two. Now the project is on hold.
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The country’s highest court ruled the plant-based dairy-alternative firm’s “Post Milk Generation” trademark breaches rules.
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Decarbonisation and circular packaging were among the themes discussed by delegates at the Eco Drinks conference in London last month.
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The restructure will see CFO Tucker Marshall expand his remit to executive vice president of frozen handheld, spreads and sweet baked snacks.
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Reliance Industries said the deal will add “further strength” to the foods and staples portfolio of its FMCG arm, Reliance Consumer Products.
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Refresco has swooped for a business managing to ride out a bumpy US plant-based milks market.
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