The Flow: Study: small taxes fail; BevNET Live adds speakers

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P>ON TOP

  • Small sales taxes on soft drinks in the range currently in force in some states are insufficient to reduce consumption of soda or curb obesity among children, according to a new RAND Corporation study. Link
  • BevNET Live: Adds Beverage Vets to Lineup; Early Registration Extended – BevNET extended its early registration deadline to April 15 Link and announced the addition of Eric Skae, CEO of New Leaf Tea; Dan Holland, President of Activate Drinks and Peter van Stolk, Founder of Jones Soda to its agenda. Link
  • BevNET Ask the Expert – What ingredients should be included in an RTD green tea that claims to help brain function? Link
  • BevNET to host beverage panel at SupplySide East – BevNET is collaborating with Virgo Publishing to offer a free panel discussion titled “Innovation, Trends and Issues in Functional and Enhanced Beverages” April 28 during the 12th annual SupplySide East trade show. Link


ON THE SHELVES


  • New Leaf Brands launched lemonades in three flavors: Homemade, Black Cherry and Strawberry. Additionally, “The Tiger,” half-iced tea/half lemonade will debut as part of the lemonade line-up. Link
  • Joint Juice introduced the reformulated Joint Juice Supplement Drink. Link


DISTRIBUTION


  • The Minnesota Twins announced PepsiCo as the exclusive soft drink provider at Target Field. Link
  • Simplifast announced that its RTD Lemonade Diet Drink is now available at Whole Foods Market in the functional beverage cold case and Whole Body area in 4-packs. Link
  • Naya Spring Water announced that Whole Foods Market will carry two sizes of the spring water brand in its U.S. stores. Link
  • Shot Spirits Corporation announced that it signed a distribution agreement with Apple Rush Corp., Inc. to distribute Apple Rush Organic Juice in bottles and cans to their network of hotels, bars and restaurant customers. Link
  • Innovative Beverage Group Holdings, Inc. announced that the company has entered into an agreement with Pepsi-Cola New Haven to bring drank to Missouri. Link
  • Dajomi Brands, LLC, the marketer of NOHO, announced a distribution agreement with Classic Distributing and Beverage Group for Los Angeles, Orange, Riverside, San Bernardino, and Ventura Counties. Link
  • Bond Laboratories, Inc. announced agreements with Giglio Distributing Co. to distribute Resurrection Anti-Hangover in East Texas. Link
  • ZUN added placement at stores in 11 Midwest states. Link


LAW, POLICY, AND ADVOCACY


  • The city of Groveland, Fla. may have to reinburse the Niagara Bottling Company for $4 million in fees incurred during a legal battle Groveland staged to keep Niagara from getting a permit for a bottling facility there. Link
  • More than half of respondents a Rochester (New York) Business Journal poll opposed Gov. David Paterson’s plan for a penny-per-ounce tax on non-diet soda and other sugar-sweetened beverages. Fifty-five percent opposed the tax, and 48 percent of respondents said they were strongly opposed. The tax received support from 45 percent. Link
  • Hispanics United and Community Action Organization in Buffalo, N.Y. expressed their support for Gov. David Paterson’s proposed beverage tax and organized a “beverage exchange” to get the sugar-sweetened beverages out of people’s refrigerators, WIVB reported. Link


BRAND MARKETING & PROMOTION


  • Innovative Beverage Group Holdings, Inc. announced that drank will adorn the hood of the Corrie Stott Racing No. 02 Chevrolet Impala for the upcoming Nashville 300 NASCAR Nationwide Series race at Nashville Superspeedway on April 3. Link
  • In the brand’s first-ever global integrated marketing campaign, Powerade will encourage athletes to “Keep Playing.” Link
  • Red Bull will host an event April 13 in Philadelphia where Phillies All-Star Jimmy Rollins will attempt to break the Guiness World Record for longest batted ball. Link The company also announced that it will launch its own online television channel at redbull.com featuring exclusive, Red Bull-centric content. Link
  • Team BSN added 25-year-old Chicago Bulls center Joakim Noah to its sponsored athlete roster. Link
  • Muscle Milk is furthering its “Drink. Evolve.” effort with advertising agency Pereira & O’Dell. The national television campaign debuted one week before March Madness. Link
  • Neuro Drinks announced that volleyball player and fashion model Gabrielle (Gabby) Reece will serve as the new spokesperson for the supplement drinks.
  • Stater Bros. Supermarkets and The Coca-Cola Bottling Co., of Southern California are teaming up to help state parks in the region. Shoppers at Stater Bros. stores will be able to make a $1 or $5 donation at checkout counters through April 25. In addition, the bottler will donate $1 to the beach enhancement project when customers buy $10 of the company’s participating products through May 11. Link
  • 5-Hour Energy is traveling to campuses across the nation to distribute product and challenge college students to do good in their community. Link


TRENDS AND STUDIES


  • Every type of online advertising scored better with consumers in 2010 than a year ago, according to an Opinion Research Corporation consumer preference survey sponsored by Adfusion, a division of ARAnet. Link


DEALS


  • With The Coca-Cola Co. Inc. following in PepsiCo, Inc.‘s footsteps by acquiring most of its U.S. franchise bottling operations, rating agency Fitch believes bottler acquisitions by the big beverage firms are mostly over. Link
  • Sweet Leaf to Harness Tradewinds on Sail toward Sales Goals – With the approval of the high-end, organic player Sweet Leaf Tea Co. to purchase the mainstream tea company Tradewinds, the private equity group Catterton Partners is taking steps to insure a large payout when the time comes for Nestle to finally buy out Sweet Leaf Tea from its investment partners. Link


IN THE MEDIA


  • If you want be a supplier for The Coca-Cola Co., Inc. you have to be different, and prove it, according to Inc. magazine. Link


FINANCIALS


  • The Coca-Cola Co., Inc. will release first quarter 2010 financial results on Tuesday, April 20, before the stock market opens. The Company will host an investor conference call at 9:30 a.m. (EDT), on April 20. The Company invites investors to listen to the live audiocast of the conference call at its website, http://www.thecoca-colacompany.com/investors/index.html. A replay in downloadable MP3 format will also be available within 24 hours after the audiocast on the Company’s website.
  • Reed’s, Inc. announced its financial results for the fourth quarter and fiscal year that ended Dec. 31. Fourth quarter 2009 sales increased 21 percent to $3.5 million. Sales for the year were $15.2 million. Link
  • Lifeway Foods, Inc. announced results for the quarter that ended Dec. 31. Total consolidated sales increased by $3,890,952, (approximately 37 percent) to $14,466,495. Link
  • Jones Soda Co. announced results for the quarter and year that ended Dec. 31. The company reported a net loss of $4.5 million for the quarter, an increase of 33 percent over the fourth quarter 2008 net loss of $3.4 million. The Company reported a net loss of $10.5 million for 2009, an improvement of 31 percent over the 2008 net loss of $15.2 million. Link
  • Who’s Your Daddy, Inc. entered into a settlement with Sacks Motor Sports Inc. and Greg Sacks to mitigate $1.8 million in debt. In total over the last 90 days the Company’s management has compromised over $3,296,000 in debt prior to liquidating 2,044,428 of common stock provided by two former officers. The Company will begin the process of changing its corporate name to FITT Energy, Inc. Link


RELIEF EFFORTS


  • Pepsi Mid-America in Marion, Ill. sent more than 4,800 cans of Pepsi products to troops in Afghanistan. Link
  • The Coca-Cola Co., Inc. announced the creation of the Haiti Hope Project to create opportunity for Haitian mango farmers and their families by supporting the development of a sustainable mango juice industry in the country. Link


INTERNATIONAL


  • Chiquita Brands International formed a joint venture with Danone to market fruit beverages based on Chiquita’s “Just Fruit in a Bottle” platform in Europe. Link
  • The European Food Safety Authority found no scientific evidence to recommend a limit on the amount of sugar people should consume. Link


TOOTING THEIR HORN


  • Greenopia named Honest Tea as one of the most eco-friendly beverages widely available to Americans, along with Steaz and Santa Cruz Organic Sodas. Link
  • BeBevCo announced that CEO Brian Weber was featured in a prerecorded interview on www.investmentnation.com. Link
  • Coca-Cola Enterprises has been recognized as a recipient of the 2010 Atlanta Business Chronicle Environmental Award in the “Green Save” category for the company’s water conservation efforts in metro Atlanta. Link


ETC.


  • In the latest in beverage technology, here’s a personal, one-beverage cooler bag that plugs into your computer. Link
  • Designer and student Andrew Kim proposed a new, squared, stackable design for beverage containers that would reduce plastic use, reduce shipping space and create a surprisingly striking appearance. Link
  • Red Bull created a spectacle of its brand sponsorships to open the season for the New York Red Bull Major League Soccer team. In the process, Olympic gold-medalist (and Red Bull-sponsored athlete) Lindsey Vonn may have shaken hands with a player who had just removed a foreign object from his nose. Link