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On August 3, 2021, PepsiCo announced that they would sell a majority stake in Tropicana, Naked Juice, and other juice brands to PAI Partners for $3.3 billion, to concentrate on their healthy snack foods and zero-calorie beverages. They would retain a 39% stake in the new joint-venture company and have exclusive distribution rights to the brands ...
While Tropicana says it suggested a lower price point for the new design — 46 ounces for $3.99, versus the old 52 ounces for $4.69 — not all retailers have changed the price alongside the product.
This is an alphabetical list of PepsiCo brands. [ 1 ] [ 2 ] It lists licensed trademarks , partnerships, including those in only certain markets, and products , split into foodtypes. Trademarks
PepsiCo said sales for the juice brands tallied $3 billion in 2020 with below company average operating margins. Pepsi bottles are on display for sale at a supermarket in Haverhill, Mass. (AP ...
The design tweak, estimated to have cost Tropicana $35 million, had a seismic shift on the juice industry. Not only did Tropicana unit sales plummet 20% from Jan. 1 to Feb. 22 following the ...
[12] [13] [2] The re-design was unsuccessful and Pepsi sold their juice brands to PAI Partners in August 2021. The company then discontinued Punica in September 2022 [ 2 ] [ 5 ] [ 7 ] [ 14 ] Remaining unsold products were sold at various supermarkets into 2023.
According to CNN, Tropicana’s sales dropped 19% by October, adding that the juice brand has lost around 4% of its market share since the change to Coca-Cola-owned Simply Orange.
Slice was reintroduced in India by PepsiCo in 2008 as a mango-flavored fruit drink [1] where it is currently advertised as Tropicana Slice. [3] The trademark rights for “Slice” in the United States and Canada were acquired by "New Slice Ventures LLC" in 2018, [4] which introduced it as a brand of sparkling water containing organic fruit ...