{"id":652710,"date":"2017-01-17T04:03:30","date_gmt":"2017-01-17T04:03:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/the-extravaganza-of-the-business-of-bottled-water\/"},"modified":"2017-01-17T04:03:30","modified_gmt":"2017-01-17T04:03:30","slug":"the-extravaganza-of-the-business-of-bottled-water","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/the-extravaganza-of-the-business-of-bottled-water\/","title":{"rendered":"The extravaganza of the business of bottled water"},"content":{"rendered":"<p><strong>Inflation is bad, but this is just ridiculous. There is a bottle of water that costs USD 100k.<\/strong> To add insult to injury there is also such a thing water sommelier, who this guy Martin Riese, is claiming to be the first American to hold that title (look out Neil Armstrong). He cofounded Beverly Hills 9OH2O, sells a bottle from the \u201cLuxury Collection, Diamond Edition\u201d for USD 100,000 (which <a href=\"http:\/\/beverlywater.com\/shop\/diamondedition\/\">you can actually order online here<\/a>). This is the sad state of affairs of the bottled water business, into which Sophie Elmhirst delves with a very engaging piece for <a href=\"https:\/\/www.theguardian.com\/business\/2016\/oct\/06\/liquid-assets-how--business-bottled-water-went-mad\">The Guardian<\/a>. In the past 20 years, bottled water became the world\u2019s fastest-growing drinks market: The global market was valued at USD 157 bn in 2013, with expectations it will reach USD 280 bn by 2020. The writer traces the boom back to Perrier\u2019s <a href=\"https:\/\/www.youtube.com\/watch?v=2qHv4yh4R9c\">Orson Wells ad<\/a> back in 1979 as part of a USD 5 mn campaign in America, when Perrier\u2019s sales in the US were multiplied by 30 in three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation is bad, but this is just ridiculous. There is a bottle of water that costs USD 100k. To add insult to injury there is also such a thing water sommelier, who this guy Martin Riese, is claiming to be the first American to hold that title (look out Neil Armstrong). He cofounded Beverly Hills [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652710","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"9063fb38-4355-44c5-8212-d378f20bce62","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652686],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The extravaganza of the business of bottled water - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/the-extravaganza-of-the-business-of-bottled-water\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The extravaganza of the business of bottled water\" \/>\n<meta property=\"og:description\" content=\"Inflation is bad, but this is just ridiculous. 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