Pepsico beats revenue estimates as demand for snacks surged July 13, 2020 Pepsico beat estimates for quarterly revenue and profit, powered by a surge in demand for snacks during lockdowns triggered by the pandemic. Consumers stocked up on snacks as many pivoted to working and studying at home in a bid to curb the spread of infection. Sales of snacks under the Frito-Lay North America unit rose [...]
You’re not the boss of me: Dissecting the aggressive trademark tactics of Hugo Boss March 16, 2020 One of the most critical assets of every company is its brand. In fact, it is so important that the brand value of a company can be greater than its stock market valuation. Since the late nineties, an increasing number of successful companies have been “brand-led” — the concept that the character of the company [...]
World’s largest whisky collection expected to fetch £8m at auction December 9, 2019 Auctioneers have unveiled what is believed to be the world’s largest private collection of whisky to ever go under the hammer. The collection, which is expected to fetch between £7m and £8m at auction, includes over 3,900 bottles. Read more: South African drinkers get their whisky fix with post-Brexit trade deal It was built up [...]
Britvic profit loses its fizz as France law hurts sales November 27, 2019 Fizzy drink maker Britvic suffered almost a 25 per cent plunge in annual profit, it revealed today, following a writedown of French assets. Read more: Squashed: Britvic looks to cut final salary pensions The figures Profit before tax sank 24.3 per cent to £110.3m for the year to the end of September after Britvic struggled [...]
Meet the company helping to build trust in influencer marketing October 7, 2019 It’s not hard to find critics of influencer marketing. This is an industry that is not short of scandals. There have been instances of social media stars failing to label marketing content as ads, promoting things that turn out to be fraudulent – see the Fyre Festival debacle – or even creating fake content. In [...]
What kind of person crosses the Nevada desert to investigate UFO conspiracies? October 2, 2019 Area 51 is a mysterious place. Located deep in the Nevada desert, it is home to highly classified US military operations. Rumours abound that it harbours secrets about extraterrestrial life. In June, a podcaster released an interview with someone who claims to have studied flying saucers in Area 51. The video spread like wildfire on [...]
Squashed: Britvic looks to cut final salary pensions August 11, 2019 Drinks producer Britvic is planning to slash the money it pays out to 6,000 members of its final salary pension scheme. The FTSE 250 firm, which produces Robinsons soft drinks, is looking for court approval to stop measuring inflation according to the retail prices index (RPI), and instead switch to the consumer prices index (CPI). [...]
Fevertree Drinks shares worth £36 despite sell-off July 24, 2019 By Graeme Evans from interactive investor. Slower growth is never good news for highly-rated stocks, but Fevertree still has plenty of fans. Runaway success stories like Fevertree Drinks (LSE:FEVR) don’t come around often, which is why yesterday’s latest slide for the AIM stock should alert investors to a potentially enticing entry point. The sky-high valuation has weakened considerably since early [...]
Pepsico beats analyst expectations in second quarter results July 9, 2019 Pepsico reported boosted revenue growth and profit today, beating analyst expectations in its second quarter results. The company, which owns brands such as Pepsi, Doritos and Tropicana, said net revenue growth was 2.2 per cent in the second quarter and 2.4 per cent in the year-to-date. Read more: Reckitt Benckiser picks Pepsico executive for top [...]
Puzzled over Australia’s shock election result? Economics can help explain May 22, 2019 The surprise of the week was the re-election of the centre-right Coalition government in the Australian General Election. The Labor opposition had led every major opinion poll for the past two years. But Scott Morrison of the Coalition is still Prime Minister – and it is his Labor opponent who is resigning as leader. Economists, regardless [...]