Skip to content
Market Spectator

Market Spectator

Primary Menu
  • Business
  • Domestic
  • Economy
  • Politics
  • Top News
  • Newsletters
Live
  • Home
  • 2024
  • June
  • 14
  • Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports
  • Business

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports

Market Spectator June 14, 2024

(Reuters) -Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting in response to Moscow’s invasion of Ukraine in 2022, domestic business newspaper Vedomosti reported.

Coca-Cola filed three trademark applications in April, Vedomosti said, citing documents on the website of Russian intellectual property agency Rospatent.

“Intellectual property assets are of high value and importance to the Coca-Cola Company, and we continuously take steps to enhance and reinforce these assets worldwide,” a Coca-Cola spokesperson said in a statement to Reuters. “Our filings in Russia are intended to maintain our trademark rights.”

Starbucks filed eight similar applications in Russia at the end of May, Vedomosti reported early this month, citing Rospatent.

“Starbucks routinely files trademark applications around the world to protect its brand,” a spokesperson for the Seattle-based company said.

Reuters was unable to locate the documents on Rospatent. The agency did not immediately respond to a comment request.

Other Western firms such as Swedish furniture giant IKEA have filed similar trademark requests in Russia since shuttering their businesses.

Starbucks, which once had 130 stores and nearly 2,000 employees in Russia, completed its sale in June 2023. The buyers reopened the chain as Stars Coffee.

Coca-Cola officially stopped the sale in Russia of its key brands, Coca-Cola, Sprite and Fanta. Its former Russian division has rebranded as Multon Partners and sells a product called Dobry Cola (Good Cola).

(Reporting by Lucy Papachristou and Gleb Stolyarov; Additional reporting by Richa Naidu; Writing by Lucy Papachristou; Editing by Richard Chang)

Continue Reading

Previous: Google loses bid to end US antitrust case over digital advertising
Next: Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say

Related Stories

2025-01-03T141432Z_1_LYNXMPEL020G8_RTROPTP_4_PERNOD-RICARD-INDIA-RAJASTHAN
  • Business

European drinks group skid after US surgeon general calls for cancer warnings

Market Spectator January 3, 2025
2024-12-11T214504Z_1_LYNXMPEKBA10D_RTROPTP_4_REUTERS-NEXT-GOLDMAN-SACHS-CEO
  • Business

AI a productivity boost to banks but making money from it is a challenge

Market Spectator December 11, 2024
2024-12-11T212535Z_1_LYNXMPEKBA102_RTROPTP_4_ADOBE-RESULTS
  • Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending

Market Spectator December 11, 2024

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Categories

  • Business
  • Domestic
  • Economy
  • Politics
  • Top News
  • Uncategorized

Recent Posts

  • European drinks group skid after US surgeon general calls for cancer warnings
  • AI a productivity boost to banks but making money from it is a challenge
  • Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
  • Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
  • Stunning rally in Big Tech drives Nasdaq to 20,000

You may have missed

2025-01-03T141432Z_1_LYNXMPEL020G8_RTROPTP_4_PERNOD-RICARD-INDIA-RAJASTHAN
  • Business

European drinks group skid after US surgeon general calls for cancer warnings

Market Spectator January 3, 2025
2024-12-11T214504Z_1_LYNXMPEKBA10D_RTROPTP_4_REUTERS-NEXT-GOLDMAN-SACHS-CEO
  • Business

AI a productivity boost to banks but making money from it is a challenge

Market Spectator December 11, 2024
2024-12-11T212535Z_1_LYNXMPEKBA102_RTROPTP_4_ADOBE-RESULTS
  • Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending

Market Spectator December 11, 2024
2024-12-11T213952Z_1_LYNXMPEKBA109_RTROPTP_4_TECH-ANTIRUST-MICROSOFT
  • Business

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

Market Spectator December 11, 2024
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Market Spectator | marketspectator.com