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Coca-Cola navigates global macroeconomic challenges in Q3
The Coca-Cola Company is focusing on the positive following third quarter results for the period ended Sept. 27. The company experienced continued global value share gains in total nonalcoholic ready-to-drink (NARTD) beverages for the 25th consecutive quarter.
The company also reported worldwide volume growth of 2% in the third quarter against the backdrop of increasing volatility in several emerging markets. Coca-Cola Americas grew volume 1% in the quarter, with North America volume up 2% and Latin America volume flat in the quarter.
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Former Walmart exec steps into new role at Crocs
Casual footwear manufacturer Crocs has appointed former Walmart executive Greg Sullivan as the company’s general manager for the Americas region. The region encompasses North, Central and South America.
In his new role, Sullivan will be responsible for managing the region's day-to-day operations, including overseeing sales, marketing, finance and human resources functions, as well as the region's wholesale, internet and direct-to-consumer channels.