Sharechat Logo

UPDATE: All Blacks end 21-year sponsorship with Coca-Cola, sign deal with Pepsi

Wednesday 20th January 2016

Text too small?

The New Zealand Rugby Union has ended a two-decade long commercial relationship with Coca-Cola by signing a deal with Pepsi.

The new five-year partnership will see the All Blacks linked to Gatorade, rather than Coca-Cola owned Powerade, the rugby union said in a statement. NZRU first signed a sponsorship deal with Coca-Cola in 1995, and it was last renewed in 2012.

No financial details of the deal have been released. The most recent set of accounts published by the NZRU for calendar 2014 show it had commercial income of just over $87 million dollars, just under 75 percent of its total income of $121 million dollars.  

NZRU chief executive Steve Tew said "we were looking for an instantly recognisable, global brand with the scale to help us increase the profile of the New Zealand game and our teams overseas so a partnership with Gatorade made sense on many levels".

The rugby union's relationship with Coca-Cola had been controversial in recent years. In 2014 campaigners against sugary drinks described the sponsorship as inappropriate and an embarrassment, although the deal was defended by Coca-Cola and the NZRU. Coca-Cola launched a 50,000 limited edition 440ml can emblazoned with the All-Blacks shirt last November, to mark victory in the 2015 Rugby World Cup in England.

In New Zealand, Gatorade is made and marketed by Suntory-owned Frucor Beverages in South Auckland.

In a statement, Coca-Cola said it had been a "long standing" partner of the All Blacks. The company said "our current contract with the All Blacks expired in December 2015 and we did not renew the contract. We will however continue our support of New Zealand sport through a number of our sports sponsorships. We wish the All Blacks all the best for the future."

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar falls on weak Aussie jobs numbers, poor China data
Govt media plan won't weaken commercial players - TVNZ
Goodman trust's 1H net profit quadruples on unrealised property gains
Regional house price inflation accelerates in October
Sanford FY earnings flat on reduced volumes
NZ dollar extends gains, aided by US-China trade doubts
12th November 2019 Morning Report
MARKET CLOSE: NZ shares gain, retirement villages buoyed by Auckland housing market bounce
NZ dollar rises, shrugging off US-China trade war woes
Long-serving ACC investment chief calls it a day

IRG See IRG research reports