Is Coca-Cola getting rid of brands?

In October 2020, Coca-Cola made a huge announcement: The company had decided to discontinue 200 of its beverage brands in an effort to rid its portfolio of underperforming brands and prioritize those that showed the most opportunity for growth and scale.

What drinks are Coke discontinuing?

Beverage giant Coca-Cola will stop selling about 200 brands soon, cutting its offerings in half. Tab, Zico, and Odwalla have been publicly axed, with more to come, the company said on an earnings call.

Who owns more Coke or Pepsi?

To begin with, PepsiCo is a larger company than Coca-Cola. In the most recent quarter, the company had $64 billion of revenues, almost twice those of Coca-Cola—see Table 3….Pepsi Beats Coke.

Which company is worth more Pepsi or Coke?

Globally speaking, Coca-Cola heads the brand valuation game, ranking number 6 compared to 29 for Pepsi on Forbes World’s Most Valuable brands in 2019. Coca-Cola also enjoys a higher market capitalization on the stock exchange, with $204.87 billion value versus $159 billion for PepsiCo, by end of January 2019.

Is Coke life being discontinued?

On April 5, 2017, it was announced that due to a decrease in sales, and increase in Coca-Cola Zero Sugar sales, that Life would no longer be sold and it was discontinued in June 2017.

Which company is older Pepsi or Coke?

Coke came before Pepsi, although only by a few years. Pemberton created Coca Cola in 1886 while Pepsi did not come about until 1893.

Does Coke outsell Pepsi?

Each company markets a large number of brands, with Coca Cola Company having the larger market share. This is reflected in drink sales with Coca-cola Classic continuing to outsell Pepsi. In different markets it is more popular than rival cola Diet…