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NEWS IN BRIEF

Coca-Cola names new president of Coca-Cola North America

By Mary Ellen Shoup

The Coca-Cola Company has named Alfredo Rivera as president of Coca-Cola North America. Rivera most recently served as president of the beverage giant's Latin America group overseeing business operations across 40 countries.

Picture: Gettyimages-kerkez

‘Big Food’ enjoying sustained sales uplifts as consumers stay home

By Elaine Watson

US retail sales of leading packaged food brands tracked by Bernstein* rose +12.1% year-on-year in measured channels in the four weeks ending August 8, with big brands reaping continued benefits from the shift to eating at home, though sales growth slowed...

Picture: Hint Inc

News in brief

Flavored water brand Hint closes $25m Series D financing round

By Elaine Watson

Flavored water brand Hint has closed a $25m Series D financing round led by Springboard Growth Capital and supported by Philippe Laffont, Linnea Roberts’ Gingerbread Capital and Emiliano Román’s Medina Heights Capital Partners.

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