Coffee

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...

India's Tata Faces Pressure In Starbucks Joint Venture As Consumers Cut Back

India's Tata Consumer Products will push back plans for some new Starbucks store openings until later in its existing schedule as fewer customers are walki...

JDE Peet's To Raise Coffee Prices In Brazil By 30%

JDE Peet's will raise coffee product prices in Brazil by an average of 30% next year after a near doubling in prices this year.

Arabica Coffee Prices Hit Record High Amid Concerns Over Brazil Output

Arabica coffee prices hit record highs as dealers fretted over Brazil's crop outlook after Volcafe, one of the world's largest coffee traders.

Nestlé USA Names New Chief Executive Officer

Nestlé USA has appointed Martin Thompson as its new chief executive officer and US market head, effective 1 January 2025.

EU Delays Deforestation Ban But Discards Changes

Negotiators for EU institutions agreed a compromise on a ban on the import of commodities linked to deforestation, which will be delayed by a year but with...