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TIM HORTONS’ AMBITIOUS PLANS FOR THE INDIAN MARKET
The rapid expansion of Asia’s coffee market has prompted different companies to try their luck to catch the locals’ taste. China, a traditionally tea-drinking country, has seen an increase in coffee consumption as two giants, …
STARBUCKS MAY EXPAND BENEFITS THAT EXCLUDE UNIONISED STAFF
Howard Shultz is returning to Starbucks as CEO for the third time. Much has changed during his absence, and the first clashes between the new management and workers have already erupted. In the food and…
LUCKIN COFFEE MAKES A COMEBACK IN THE CHINESE MARKET
Starbucks’ biggest competitor in the Chinese market, Luckin Coffee, has restructured and stabilised its finances after a massive accounting fraud two years ago. The company announced that it is once again a major player in…
AFTER A SUCCESSFUL 2021, LAVAZZA GROUP FACES DIFFICULT YEAR AHED
Lavazza is a family-owned company established in 1895 and has been one of the leading players in the coffee sector for a long time. It continues to be so as it strengthens its presence in…
BITTY & BEAU’S COFFEE. BUILDING A FUTURE FOR THE DISABLED
Bitty & Beau’s Coffee was founded in Wilmington, North Carolina, in 2016 and has already spread beyond the state’s borders. The company’s coffee shops are in 24 cities in 12 states, with the newest one…
WESTROCK COFFEE VALUED AT $1.2B AS IT PREPARES TO GO PUBLIC
Westrock Coffee Holdings LLC announced it would merge with a special-purpose acquisition company (SPAC). The company is valuing itself at about $1.2 billion. Special-purpose acquisition companies, also known as SPACs, are publicly listed companies that…