Tuesday, 20 August, 2019

Bryant turns $6M to $200M

Credit bodyarmor via youtube Credit bodyarmor via youtube
Shannon Reynolds | 16 August, 2018, 11:56

Coke has also been rattled by falling demand for its trademark fizzy drinks.

Bryant also took pride in this and was quick to post his thoughts through his Twitter account.

From fitness festivals to customizing Gatorade drinks, Brett O'Brien talks about the brand's future. Monster Beverage and Red Bull follow close behind, with Coke trailing in fourth place with a 7 per cent share.

Coca-Cola just announced it purchased a minority stake in BodyArmor. "BodyArmor is projected to top $400 million in sales in 2018". "Although the timing and mechanism by which distribution will transition over to Coca-Cola's bottling system is still uncertain".

Wells Fargo Securities analyst Bonnie Herzog noted that integrating BodyArmor into Coke's distribution network should help the brand grow domestically and in global markets.

"We have learned that BodyArmor has notified Keurig Dr Pepper that they are terminating their existing distribution agreement", she said.

Flights between Colombo and Kochi cancelled until Saturday
Prime Minister Narendra Modi mentioned the flood-hit state of Kerala in his address to the nation on the 72nd Independence Day. With nearly all rivers in spate, reports of landslides have come in from Malappuram and Munnar in Idukki this morning.

NASA Launches Historic Probe To The Sun
The three boosters and two additional upper stages lofted the Parker Solar Probe on a super-fast trip to the sun. He said it was like looking at photos of the Taj Mahal for years and then beholding the real thing in India.

Taylor Swift fights back tears on anniversary of DJ grope verdict
Forever grateful for the verdict , which was decided in fewer than five hours, Swift spoke about those who haven't had the same experience as she has.

A BodyArmor representative did not immediately respond to FOX Business' request for comment on the report.

"In a fast-moving and dynamic industry, and during a time of unprecedented change at Coca-Cola, we're challenging the status quo and bringing innovative, boundary-less thinking to our strategic relationships to ensure we are offering the products consumers want", said Coca-Cola North America president Jim Dinkins in a press release.

BodyArmor founder Mike Repole also sold Glaceau, the company behind smartwater and vitaminwater, to Coca-Cola in 2007.

As part of the deal, Coca-Cola will distribute BodyArmor (whose 3rd-largest investor is Kobe Bryant) and eventually have an option to buy the whole company outright.

James Harden, Mike Trout, Skylar Diggins-Smith and Dustin Johnson are listed on the company's website as endorsers, among many others.

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