Coffee

Coffee, Tea Shop Sales To Continue To Surge In US, Says GlobalData

Sales in coffee shops and tea shops are set to grow by double digits in the US this year, GlobalData has said, despite the growing cost of living crisis.

Former Reckitt Boss Narasimhan Named New Starbucks CEO

Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British packaged goods group Reckitt will bring insight into the...

Nestlé Appoints New DACH Coffee Boss

Food giant Nestlé has announced the appointment of Sarah Huber as the leader of the group's coffee business for Germany, Austria, and Switzerland (D...

Buyer's Brief: What's Driving High Coffee Prices?

Coffee prices are likely to be high for the remainder of the calendar year, with a lack of moisture in Brazil hinting at even longer-term problems, as Nick...

Coffee Giant JDE Peet's Sees H1 Sales Up, Driven By Pricing

Coffee giant JDE Peet's has reported a 15.7% increase in organic sales in the first half of its financial year, with pricing up 15.9% in the period and vol...

Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp has beaten quarterly profit estimates as higher prices and strong demand for its coffees in the United States helped offset a hit to busines...

Coffee Prices Seen Falling Ahead Of Bumper Brazil Crop

Arabica coffee prices are forecast to end this year well below current levels and post an annual loss of 20% with the prospect of a larger Brazil crop next...