Coca-Cola Romania has named its first woman as Franchise Director, Central Europe, a job that involves oversight of the six countries that comprise the territory: Switzerland, Austria, Liechtenstein, Czech Republic, Slovakia, and Hungary. Nicoleta Eftimiu was promoted because of the “exceptional results” she obtained after two years and nine months managing local operations in Romania. The Romanian management job will be taken over by Paris Nikolopoulos, who previously held the position of Franchise Country Manager, Coca-Cola Switzerland. [Image Credit: © THE COCA-COLA COMPANY]
Bethesda, Md.-based Honest Tea, a wholly-owned subsidiary of the Coca-Cola Co., earlier this month unveiled a line of bottled coffees at Natural Products Expo East. Honest Cold Brew Coffee features organic and Fair Trade-certified coffee and cane sugar and is available in three varieties: unsweetened, Cubano, and mocha. The company says its lightly sweetened varieties contain half the sugar of leading sweetened ready-to-drink coffees. The products join a growing portfolio that includes bottled and brewed teas, organic juice drinks, and lemonade. [Image Credit: © The Coca-Cola Company]
Reston, Va.-based LifeFuels has introduced what it says is the world’s first “smart nutrition bottle” that is linked to an app that tracks hydration and nutrition goals. The Keurig Dr. Pepper-backed beverage technology firm’s bottle accepts “FuelPods” that mix with water to provide beverages in various flavors. The pods also contain a variety of functional ingredients such as electrolytes and antioxidants. The 500 ml bottle features a seven-day battery life. The bottles hold up to three FuelPods that can create up to 90 customized beverages. [Image Credit: © PRNewsfoto/LifeFuels]
A new Guggenheim report estimates U.S. coffee industry sales at $80 billion a year, of which $70 billion is from out-of-home traffic at coffee shops. The category is dominated by Nestlé, Starbucks, and JAB Holdings, which owns Caribou Coffee, Peets Coffee and others. A key area for improvement remains: sixty-eight percent of non-coffee-drinkers don’t like the taste; and 14 percent are concerned about “negative health effects.” Keurig Dr Pepper (KDP) and other major players like Nestlé’s Nespresso, Dunkin Brands Group, and Starbucks “are all failing to communicate the healthiness of their brand based on social conversation,” Guggenheim analysts wrote. But craft coffee companies (e.g., Four Sigmatic, Bulletproof) “have made health their central selling point. As to single-serve machines, Keurig is still the dominant platform, but Nespresso “over-indexes versus Keurig in consumer responses on many attributes (e.g., quality, variety, durability).” [Image Credit: © Karolina Grabowska from Pixabay]
Waiākea Water (Los Angeles, Calif.) announced the addition of the "Pahu Nunui" 15-liter Bag-in-Box (MSRP $40) to its online store. Pahu Nunui is a naturally alkaline, Hawaiian volcanic water packaged in a 100 percent recyclable box that reduces packaging by 66 percent and carbon emissions by 97 percent. “The launch of the Bag-in-Box is one of many steps that Waiākea has, and will continue to take, to be the enviro-tech leader in the beverage space,” the company says. The Bag-in-Box, a component of a closed loop recycling/upcycling system, offers more volume with less environmental impact compared to traditionally-lined cartons, PET, or glass containers. Customers can return their empty bags and spouts to be upcycled into a new product. The upcycling process uses pyrolysis technology to convert used bags into wax-based materials and high-grade fuels. Ten upcycled Waiākea bags make almost half a gallon of high-grade fuel that can be turned into wax for candles and energy to power machinery.[Image Credit: © WAIĀKEA INC.]
Florida-based Celsius Holdings announced it will acquire six-year-old Finnish wellness company Func Food Group Oyj, a Nordic functional food and beverage company, for $24.6 million in cash ($15.1 million) in cash and the assumption of $9.5 million of outstanding debt. Celsius, manufacturer of the fitness drink brand Celsius, said it will pay for the deal with proceeds from a subsequent equity public offering. Func Food markets and distributes beverages, protein bars, supplements, and superfoods under several brand names, including Celsius. Their relationship began in 2016 when Func took over the distribution of Celsius in Scandinavia, solidifying its position in the Swedish market. The combined business will take advantage of Func Food’s multi-market supply chain to drive expansion across Europe. Adding Func Food’s FAST Sports Nutrition line to the Celsius line will provide additional revenue streams.[Image Credit: © Func Food Group Oy]
Iconic iced tea brand AriZona (Woodbury, N.Y.) has begun promoting the product for the first time in its three-decades history, all while keeping the per-can price at $0.99. Noting that his dad, Don Vultaggio – he introduced the “big can” (23-ounce) beverage in 1992 – didn’t believe in spending money on commercials or billboards, son Welsey and his brother are moving in a different direction. The brand, for example, recently partnered with Adidas to create a line of limited-edition sneakers. The brothers created a pop-up shop in SoHo (New York City) where they planned to sell limited edition AriZona merchandise, all priced at 99 cents. The event sparked chaos on launch day when 6,000 or so sneaker-hungry fans swarmed the streets of SoHo. Police had to shut it down before it even opened when the crowd became unruly. But the brand faces a more serious problem: health-conscious consumers are turning to less sugary drinks. Sixteen fluid ounces of AriZona’s "Lemon Tea" pack 180 calories and 48 grams of sugar. Honest Tea’s Lori’s Lemon flavor contains 60 calories and 15 grams of sugar in 16 fluid ounces.[Image Credit: © AriZona Beverages USA LLC]

