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Ben Preiss
Rebranding Springwater as Tap Water - Pepsi to Rebrand Aquafina Without The Mountains (VIDEO)
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OK, they do filter it, but its source is now labeled as “P.W.S.” (Public Water Source). PepsiCo Inc. has come clean about its best-selling bottled water, it announced on Friday it would change the Aquafina label to make it clear that the water comes from the same source as tap water.
A group called Corporate Accountability International has been pressuring bottled water sellers to curb what it calls misleading marketing practices. The group has criticized PepsiCo over its blue Aquafina label with a mountain logo as perpetuating the misconception that the water comes from spring sources. Wholesale sales of bottled water grew to $11 billion in 2006, according to the Beverage Marketing Corp., and the industry is expected to maintain growth rates of about 10 percent. The fastest growing segment of the industry is sales of bottles of less than 1.5 liters, which includes the individual serving sizes sold in many convenience and grocery stores.
The decisions by Nestle and PepsiCo come as criticism grows over environmental concerns about the industry's use of local water sources as well as consumption of resin and energy to package and ship the bottles.
(news.yahoo)
Read More: msnbc.msn Via: news.yahoo
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