Coca-Cola is discontinuing coconut water brand ZICO and reportedly putting several other brands including Diet Coke Feisty Cherry and Coke Life under review, as it slims down its portfolio to focus on top sellers and emerging brands with more global potential....
Strong food & beverage brands with world class management teams will continue to attract funding, but valuations are “falling by the minute,” and the days of throwing money at emerging brands and seeing what sticks are over, at least for now, says...