Citra (India)
Citra was a clear lemon and lime flavoured soda sold in India in the 1980s and early 90s.[1] Citra was owned by Parle. Along with other Parle brands, Thums Up, Limca, Gold Spot and Maaza, Citra was sold to Coca-Cola in 1993 in a deal that was reportedly worth $40 million.[2][3] At the time of sale, the Parle brands together had a 60% market share in the aerated water industry.[4] The brand was strong in South India.[5] Citra was phased out by the year 2000 to make way for Coke's international brand, Sprite.[6]
In 1998, Coke introduced a new drink in the US market, Coca-Cola Citra. Although the brand name was similar, this was a totally different grapefruit based formula.[7] In February 2012, Coke announced that it was reviving the Citra brand in rural areas of Maharashtra and Gujarat on a pilot basis, on a price strategy that will be 20% cheaper than other Coke and competitor brands.[1] The relaunch is aimed at competing with smaller regional brands.[8]
[edit] References
- ^ a b "Coca-Cola to revive Citra after 19 years, aims mopping up volumes". The Economic Times. 13 February 2012. http://articles.economictimes.indiatimes.com/2012-02-13/news/31055270_1_maaza-thums-limca. Retrieved 22 February 2012.
- ^ Kachru, Upendra (2009). Strategic Management: Concepts and Cases. Excel Books India. pp. 689,690. ISBN 8174464247.
- ^ "Coke uncorks war of words with partner". Reading Eagle. 8 January 1995. http://news.google.com/newspapers?id=OPghAAAAIBAJ&sjid=KqIFAAAAIBAJ&pg=3788,3306680&dq=. Retrieved 22 February 2012.
- ^ Ray, Pradeep Kanta (2005). FDI and industrial organization in developing countries: the challenge of globalization in India. Ashgate Publishing, Ltd.. pp. 82. ISBN 0754643220.
- ^ "Market dynamics force Coke to delay launch of diet cola". The Indian Express. 7 June 1998. http://www.expressindia.com/news/fe/daily/19980607/15855064.html. Retrieved 22 February 2012.
- ^ "From household names to forgotten history: Story of India's grand old brands such as Binaca, Dalda & Moti Soaps". The Economic Times. 28 November 2011. http://articles.economictimes.indiatimes.com/2011-11-28/news/30450336_1_swiss-heritage-brand-bunge-india-oral-care-brand/2. Retrieved 22 February 2012.
- ^ "Coca-Cola unveils new citrus-flavoured soda". Herald-Journal. 20 February 1998. http://news.google.com/newspapers?id=W9YpAAAAIBAJ&sjid=oc8EAAAAIBAJ&pg=6342,4201237&dq=. Retrieved 22 February 2012.
- ^ "Coke and Pepsi in war of flavours this season". The Times of India. 22 February 2012. http://timesofindia.indiatimes.com/business/india-business/Coke-and-Pepsi-in-war-of-flavours-this-season/articleshow/11989398.cms. Retrieved 22 February 2012.
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