PepsiCo (PEP) Warns India Energy Drink Stocks Could Run Out Within Two Months
PepsiCo (NasdaqGS:PEP) warns its energy drink portfolio in India could face stock outages within two months after a regulatory label ban. Indian authorities have barred PepsiCo energy drink labels that reference specific ingredient claims, while rivals such as Red Bull can keep selling. The restriction targets PepsiCo products in a category that management has highlighted as important within its broader India beverage push. The label dispute that may halt PepsiCo energy drink supplies in...
PepsiCo (NasdaqGS:PEP) warns its energy drink portfolio in India could face stock outages within two months after a regulatory label ban. Indian authorities have barred PepsiCo energy drink labels that reference specific ingredient claims, while rivals such as Red Bull can keep selling. The restriction targets PepsiCo products in a category that management has highlighted as important within its broader India beverage push. The label dispute that may halt PepsiCo energy drink supplies in...
What's Your Reaction?
