GATORADE
PepsiCo India revenue in Apr-Dec 2023 at Rs 5,954 cr, profit Rs 217 cr
Pepsico India Holdings reported consolidated revenue of Rs 5,954.16 crore and a profit of Rs 217.26 crore for April-December 2023. The company saw robust demand in both snacks and beverages sectors. Advertising expenditures were notable, reflecting a strong marketing effort. Pepsico India's spokesperson emphasized their commitment to growth in India amid challenging conditions.
Fastest high school sprinter ever sues Gatorade after doping ban ruins his Paris Olympics participation
A Surinamese teenager, Issam Asinga, who broke the under-20 world record for 100 meters, has now sued Gatorade after being handed a four-year ban and his record stripped by anti-doping officials who found a banned substance during his dope test. Asinga will also be missing out on his Paris Olympics ticket following this incident.
India bags two more Lions at Cannes, total tally at 14
The total tally of metals won by the Indian contingent now stands at 14 at the time of going to press. Among the 59 shortlisted entries this year, Indian agencies have, so far, won two gold, five silver and seven bronze Lions. "We couldn't be prouder to take home a silver for our Mondelez Oreo #BringBack2011 campaign. This campaign is a powerful example of how creativity can play an effective role in driving business, fostering a deeper connection with the audiences and building the brand," said Rajdeepak Das, CCO Publicis Groupe-South Asia and chairman, Leo Burnett-South Asia.
10 Best Sports Drinks in India for Endless Energy
In India, the best sports drinks offer a refreshing and effective way to replenish electrolytes, restore energy levels, and enhance hydration during physical activity. With a variety of options available in the market, standout brands prioritize formulations that are scientifically developed to optimize performance and recovery. These sports drinks often contain a balanced mix of electrolytes like sodium, potassium, and magnesium, along with carbohydrates to fuel muscles and aid in post-exercise recovery. Trusted by athletes and fitness enthusiasts alike, the best sports drinks in India taste great and deliver essential nutrients to support peak athletic performance and overall well-being.
Caitlin Clark: Picked up by Indiana Fever in WNBA draft, dazzles in all-Prada outfit
Caitlin Clark is the all-time leading scorer across men's and women's college basketball. Clark entered the WNBA draft after her final season as a senior at Iowa University. This match was so successful that the tickets were sold for $11,000 and more than 24 million tuned in. It became the most viewed ever in college basketball - men's or women's.
PepsiCo to replace Coca-Cola at subway's US locations
Coca-Cola brands like Sprite, Fanta and Diet Coke will begin to disappear from the sandwich chain beginning in January 2025, and will take several months to replace across Subway's network of franchisee-owned restaurants.
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Varun Beverages: India's bottling baron Ravi Jaipuria has found more fizz this year
Since 1991, when PepsiCo entered India and Varun Beverages started working with it, the company has come a long way to bottle all the Pepsi that India drinks today, growing by acquiring other bottlers as well as bagging more territories from the American giant.
Pepsico logs double-digit beverage growth in India in July-Sept
PepsiCo's Indian business saw a double-digit growth in beverage unit volumes in Q3 2023, while its convenient foods business experienced a decline in unit volume. The company's net revenue in the Africa, Middle East, South Asia division also decreased, primarily due to the weakening of the Egyptian pound and a net organic volume decline.
Gatorade ropes in Hardik Pandya; first cricketer to endorse the brand
PepsiCo has signed Indian cricketer Hardik Pandya as the brand ambassador for its sports drink Gatorade, marking the first time the sports brand will be endorsed by a cricketer. The move is aimed at strengthening Gatorade's connection with the sports community. The sports and hydration category is experiencing significant growth, with the domestic market for sports and energy drinks estimated to reach $5.7 billion by 2028.
PepsiCo reports 'double-digit organic revenue growth' in March quarter in India
PepsiCo's net revenue in Africa, Middle East, South Asia (AMESA) division, including India, was up 1.49 per cent to USD 1.01 billion as against USD 1 billion, primarily reflecting effective net pricing, partially offset by an organic volume decline. However, its gross profit in the March quarter was down 6.6 per cent to USD 168 million on account of the impact of higher commodity costs, primarily cooking oil and packaging materials, certain operating cost increases, higher advertising and marketing expenses.
Will old Campa Cola keep its fizz in a new world?
Campa Cola comes back when consumers are moving away from sugary drinks as more and more healthy beverages enter the market. It remains to be seen how a revived Campa Cola negotiates a world vastly different from the times when it ruled the Indian market.
Coca-Cola to buy remaining stake in sports drink maker BodyArmor for $5.6 billion
The deal, which values BodyArmor at about $6.59 billion, comes as a shift in strategy for Coca-Cola, which spent the last year offloading or discontinuing brands to focus on its core sodas during the pandemic.
Those gifts you want for the holidays? Don’t wait too long
Of all those affected, small and independent businesses — whether manufacturers, importers or retailers — may be the hardest hit, because they often lack the buying power to find alternative goods or shipping.
PepsiCo India extends partnership with CSC, to list products in 3 more states on Grameen eStore
Besides, PepsiCo would also strengthen the availability of its snacking products in the rural area of Uttar Pradesh, a state where it had successfully piloted the project, by listing in more districts, it added.
World champ PV Sindhu quits Olympic camp due to 'personal reasons', lands in London
Sources told TOI that Sindhu has left the country in a huff, apparently after tensions in her family. Before she left Hyderabad, Sindhu informed the coaches at the Pullela Gopichand Academy that she will not return to India for the next eight to ten weeks.
Coca-Cola brings Powerade to take on Gatorade
The maker of soft drinks Coke, Thums Up and Sprite has been hedging portfolio risks by expanding sugar-free variants of its brands.
Varun Beverages gets CCI nod to acquire PepsiCo's franchise rights
In February, VBL had announced its plans to acquire franchise rights of PepsiCo in southern and western regions.
HUL to pour Horlicks into its portfolio with GSK deal
Unilever edged past Nestle, the world’s largest food and drinks company, in a closely fought battle.
PepsiCo India back in the black after seven years
PepsiCo India saw a net profit of Rs 190 cr in 2017-18 compared with a loss of Rs 148 cr a year ago.
After tax googly, Complan may end up in Coke bottle
The world’s largest beverage co is now the frontrunner to buy the consumer brand portfolio of Kraft Heinz.
Can Pepsi regain youngistan?
PepsiCo India revenues are at a five-year low, consumers aren’t taking to sugary drinks and there’s an onslaught of smaller regional competitors.
The price PepsiCo paid for a change of fortunes in India
PepsiCo India took a decision two years ago and had to pay a price for that transformation, says Ahmed El Sheikh, who took over as president five months ago.
Varun Beverages to set up greenfield production facility in Punjab
Varun Beverages said this facility will be the first fully backward integrated facility in India to manufacture the complete range of above products including carbonated soft drinks at a single location.
GST rate not fixed for food supplements yet
Lack from nutraceuticals’ categorisation under the GST could mean they are levied the top GST rate of 28%, up from 18-22% now.
PepsiCo’s Gatorade India appoints PV Sindhu as brand ambassador
Gatorade India plans to have PV Sindhu work with the Gatorade Sports Science Institute during the period of the partnership, to better understand her training and match-day nutrition.
I’m confident that the IPL spends will translate into higher consumption: Deepika Warrier, PepsiCo
India is a very low per-capita consumption market for beverages… so we’re looking at a huge growth opportunity, says Deepika Warrier.
PepsiCo Q4 results top Wall Street's expectations; 2013 in line with goals
PepsiCo Inc reported a higher-than-expected fourth-quarter profit on Thursday, helped by increases in sales volume and prices.
Pepsi to launch Tropicana in powder format
For PepsiCo, this isn't its first foray in the powder category. It had extended its sports drink Gatorade to powder format in early 2010 by launching Gatorade Sports Mix.
SC rejects Gatorade plea against Heinz on using similar phrase
A bench of Justices Aftab Alam and R M Lodha dismissed the plea of Gatorade's owner Stokely Van Camp, who challenged the orders of the Delhi High Court.
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