Coffee

Coca-Cola HBC Forecasts Slower Profit Growth

Coca-Cola HBC forecast a 7%-11% rise in 2025 organic operating profit, slower than last year, as a challenging macroeconomic environment clouded growth pro...

Surge In Cost Of Trading Coffee Heats Up Record Price Rally

A surge in the cost of trading arabica coffee on the ICE exchange has exacerbated a rally that has already driven prices for raw, unroasted beans to 14 suc...

Starbucks Reports Smaller-Than-Expected Sales Decline As Turnaround Takes Root

Starbucks reported a smaller-than-expected fall in first-quarter comparable sales, in early signs that the coffee chain was benefiting from CEO Brian Nicco...

Coffee Hits Record High As Brazil Farmers Balk At Selling

Global arabica coffee prices hit record highs on Monday, as farmers in top producer Brazil remain reluctant to sell.

Brazil Sets New Record For Coffee Exports In 2024

Brazil exported 50.4 million 60-kilogram bags of coffee in 2024, marking a 38.5% increase compared to 2023.

JDE Peet’s CFO Steps Down; Names New Marketing Chief

Coffee and tea company JDE Peet’s has announced that its chief financial officer Scott Gray has decided to leave the company.

Colruyt Partly Halts Orders From JDE Peet's Over Price Dispute

Colruyt has halted some of its orders from JDE Peet's after the Dutch coffee company asked for further price hikes for its products due to the global rise...

Starbucks Workers Union Authorises Potential US Strike

The workers union representing more than 10,000 Starbucks baristas said they have authorised a potential strike, ahead of this year's final round of bargai...