Clearly Canadian has unveiled new business strategies and initiatives following its link-up with new financial partner BG Capital Group and the appointment of new management. The aim, the company said, is to "once again establish itself as a leader in the New Age Beverage sector".

The Canadian bottled water specialist said that it is looking to lead the alternative beverage sector by "leveraging on its strong brand equity and history of innovation of products". In addition to its core flavoured sparkling water range, key products include its fruit-flavoured specialty drink Orbitz and Reebok Fitness Water.

The company said its strategic focus would be on growth and innovation, in a bid to return to profitability. Initiatives will include: creating new products in the growing New Age Beverage segment; creating a new look for the core Clearly Canadian sparkling flavoured water range; expanding the company's private label business; entering into profitable alternatives to utilise the Clearly Canadian brand name such as licence agreements; the creation of an industry-wide Advisory Board; and expanding key relationships with distributors and retailers.