sip on this
Posted by Mark J. Miller on June 26, 2012 09:55 AM
When you’ve got more than 1.2 billion residents, marketers want you in the worst way. And so Coca-Cola is going big-time after the Indian market, upping its investment there by $3 billion to a whopping $5 billion through 2020. That means the next time you go to there to climb the world’s third-highest mountain, Kanchenjunga, or visit with the Dalai Lama, a Coke product shouldn’t be too far away from your grasp.
According to Fox Business, the money will go toward helping Coca-Cola's India subsidiary expand “its distribution network, cold drink equipment placement and manufacturing capacity.” The company had a good first quarter with earnings rising 7.9% and revenue going up almost 6%. In India, though, the company had a 20% increase. Not too shabby. In fact, sales have gone up in India for 23 straight quarters and Coke’s Thums Up and Sprite are the two leading soft-drink brands there, Fox reports.
"Achieving continued sustainable, responsible growth in India is core to achieving our 2020 Vision of doubling system revenues in this decade," said Muhtar Kent, chairman and CEO of the Coca-Cola Company in a press release. "Our ongoing investment in India is focused on delivering innovation, partnerships and a portfolio that enhances the consumer experience, ensures product affordability and builds brand loyalty to deliver long-term growth."Continue reading...
Posted by Mark J. Miller on June 25, 2012 01:26 PM
With 32 days before the London 2012 Summer Olympic Games kick off in London....
Official sponsor McDonald's UK offers sneak peek at designer Wayne Hemingway's sustainable, Mad Men-inspired uniforms that will debut at its biggest restaurant (if for only six weeks), which is now under construction at the London Olympics Park:Continue reading...
Posted by Mark J. Miller on June 22, 2012 05:05 PM
The United Nations on Friday wrapped up the Rio+20 Earth Summit, a once-a-decade conference on sustainable development, with the message that the world needs to clean up its act. Some major-league companies signed on to put some financial muscle and their brands' influence behind the effort. PepsiCo and Coca-Cola have found something they can agree on as both have put cash behind the UN’s goals. Others involved include Microsoft, and Bank of America, according to Bloomberg.
The pledges are worth billions of dollars and will help to “curb the use of fossil fuels, conserve water and encourage wider use of renewable energy,” Bloomberg reports. There are at least 517 commitments from different companies and at minimum $2 billion will be coming from the U.S. “We won’t save the world alone, but we’ll get half of it done, and we’ll get some momentum,” said Bank of America Chairman Chad Holliday at Rio+20.
For its part, Coca-Cola is allocating $3.5 million to help create more sustainable water access in some African countries. "Access to safe water is essential for our company and our world,” stated Bea Perez, the company's Chief Sustainability Officer. “The sustainability of water resources is a top priority."Continue reading...
Posted by Dale Buss on June 21, 2012 06:05 PM
Audi of America gets all its vehicles from Germany, so the U.S. arm's contribution to the sales success of Audi AG depends in large part on how well it markets an increasingly renowned product line. Partially in recognition of how he helped make Audi one of the hottest brands in the U.S. luxury segment, Audi of America's CMO, Scott Keogh, became its new CEO this week.
The company announced Keogh's ascension within a few weeks of the news of the sudden departure of Johan de Nysschen, Audi of America's CEO for eight years. De Nysschen left suddenly for a position of global oversight of Infiniti, the Nissan-owned luxury brand, that is looking for more sales worldwide — and has targeted Audi customers for some of them.
At the same time, Keogh has had a less-recognized role in setting Audi's product strategy for the increasingly important U.S. market.Continue reading...
Posted by Barry Silverstein on June 21, 2012 12:09 PM
Maybe we haven't seen the return of the roaring global recovery everyone has hoped for. The U.S. economy is sputtering, and the European continent isn't looking very bullish at the moment. But none of this seems to be terribly concerning to the luxury hotel market. There has been a spate of recent openings — hotel extensions of luxury brands — to prove it.
Bulgari, which operates a luxury hotel in Milan, a luxury resort in Bali, and restaurants in Tokyo, has just opened the doors of its fourth Bulgari Hotel, with its latest five-star property opening in a chi-chi pocket of London.
Located in the city's prestigious Knightsbridge section, its well appointed rooms (such as the one above) are opening just in time to take bookings for the London 2012 Olympic Games. Bulgari gushes about the property: "It is a perfect expression of the Bulgari aesthetic of timeless glamour. Innovative artistry and a lavish use of precious marble and silver blend harmoniously, exuding an understated elegance. The quality of the service, magnificent elements such as the spa, pool and private screening room, and the distinguished location beside Harrods and Hyde Park all contribute to an uncompromising sense of excellence."Continue reading...
Posted by Dale Buss on June 19, 2012 01:02 PM
Cracker Barrel isn't the first roadside brand you think of when you think about cutting-edge technology. After all, the most prominent feature outside these restaurants that dot America's heartland are the rocking chairs that are for sale on the "front porch" of the Cracker Barrel entrance area before customers mosey in for chicken 'n' dumplings or other downhome hearty fare.
But that hasn't kept the Lebanon, Tenn.-based chain from trying to leapfrog not only the existing perception of its brand but automotive technology to attempt to round out its positioning. So Cracker Barrel is extending its 2010 commitment to providing electric-vehicle charging stations in the parking lots outside some of its restaurants.Continue reading...
Posted by Sheila Shayon on June 15, 2012 01:06 PM
Panasonic's tagline is "ideas for life," but its motto could read, "sustainable ideas for life." The brand is showcasing its sustainable energy solutions in a booth at the Japan Pavilion in Rio de Janeiro, Brazil, the main venue of the United Nations Conference on Sustainable Development, Rio+20, which kicks off Monday.
The Panasonic exhibition is part of Japan's joint public-private-sector initiative to show the world its potential and contributions towards sustainable development, a main theme of the conference — the 20th anniversary of the 1992 United Nations Conference on Environment and Development (UNCED) in Rio de Janeiro, and the 10th anniversary of the 2002 World Summit on Sustainable Development (WSSD) in Johannesburg.Continue reading...
Posted by Sheila Shayon on June 14, 2012 05:04 PM
Teaching Kids to CARE, a philanthropic initiative from DoubleTree by Hilton hotels, has reached 5 million grade school students to engender values and behaviors of sustainable change for more than a decade. This week it launched a new website in a bid to create a global online community.
The program pairs team members from DoubleTree properties with local schools in more than 200 communities and now, a refreshed Teaching Kids to CARE program is available online for teachers, parents and students. DoubleTree’s partners include The Arbor Day Foundation and The Woodland Trust.
At its core are five thematic lesson plans developed in line with U.S. National Education Standards about small actions that make a difference for the planet, the positive impact of trees on the environment, and the importance of the “three Rs” – reducing, reusing and recycling. Lesson plans are available in two versions, targeted for students in grades K – 2, and grades 3 – 5.Continue reading...