Tag Archives: Pepsico

Pepsico Gets In Trouble for Releasing Racist Ads

Lil Wayne no longer associated with the company

One of the most popular rappers and a well-known pop singer, Lil Wayne was signed by the PepsiCo in order to promote their company’s soda, Mountain Dew. Unfortunately, the AD got into a lot of controversies as Lil Wayne is believed to pass lewd remarks about Emmett Till in a song, the civil rights idealist.

Therefore, PepsiCo decides to sever all ties with Lil Wayne. Lil Wayne’s publicist Sarah Cunningham however claims that the partying was due to “creative differences” and that they have no hard feelings for each other as it was a friendly separation. The company clearly states that it is not responsible for any racist remarks made to civil rights martyr as the AD under no circumstances represents the brands ideals.

PepsiCo

The AD that fell prey to controversies

PepsiCo and the rapper Lil Wayne calls off a deal they made for brand promotion. Lil Wayne was accused to making racial comments about the civil rights icon Emmett Till, black teen who hailed from Chicago was brutally tortured and murdered during his stay at Mississippi for whistling at a white woman in 1955.

The Company pulled another AD

This is not the first time Pepsi got in trouble for portraying racist messages; the company also hogged quite a bit of limelight and hit the headlines with the online AD this week itself. Tyler, the creator who is also a rapper made a song in an AD for PepsiCo which circled around racist innuendos as well as violence and atrocities done on women are shown. The company apologized and pulled the AD.

PepsiCo Reports Lower Profit

NEW YORK – The beverage and snack maker, PepsiCo, on Thursday reported a quarterly profit drop because they reinvested their earnings in their business.

The net profit was 1.130 billion, or 71 cents a share in the first quarter, down from 1.140 billion, or 71 cents per share, reported last year.

Excluding extraordinary items, profit was 69 cents a share, in line with the expectations of the firm.

Net income increased 4% to 12.430 million.

The company maintained its outlook for 2012, which provides that the profits fall 5% from the $4.40 they reported in 2011.

PepsiCo estimates the net revenue growth this year will be a percentage that will be located in the low range of a single digit.

 

The Candy is Safe, Says Coca-Cola

MEXICO CITY – Coca-Cola Company said the candy used for your drinks is safe and approved by authorities in more than 200 countries, including Mexico.

The company reiterated that it is changing the formula of their products in California, United States or elsewhere.

This after Friday will report that Coca-Cola and PepsiCo are changing the way they make the caramel coloring as a result of a law in that state to require that beverages with a certain level of carcinogens carry a warning label.

“While we disagree with the position of California, the company asked the candy manufacturers to modify the production process of 4-MEI to meet local requirements, so that our products must bear a warning not scientifically unfounded. This change will affect neither the formula nor the great taste, and high product quality that consumers expect to receive from the company, “the company said in a statement.

Coca Cola said that the color of caramel employee is authorized even by the Agency for Food and Drug Administration (FDA) of USA and the European Food Safety Agency (EFSA).

He said that in early 2011 the European body reaffirmed the safety of the substance after a routine search of food coloring.

He stated that this review was based on risk assessments and scientific principles based on evidence, so he said, California’s position is not supported by science.

He added that no public health risk in California or elsewhere.

“Our commitment to the highest quality and safety of our brands remains our top priority, and will continue to rely on solid scientific evidence to ensure the safety of our products,” he said.

Earlier this week, the Center for Science in the Public Interest (CSPI, for its acronym in English), a U.S. regulatory group, said it had found “dangerous levels” of chemical cans of Coca-Cola, Pepsi- Cola, Dr Pepper (Dr Pepper Snapple Group Inc) and 365-Cola, Whole Foods Markets.

The U.S. FDA said that studies the request of the group, but stressed that the drinks are still safe.

A spokesman for the U.S. agency said a person would have to take “more than 1,000 cans of soda drinks per day to reach the dose administered in the studies that have demonstrated their link to cancer in rodents.”