Coffee

JDE Peet’s Proposes Patricia Capel As Non-Executive Board Member

Coffee giant JDE Peet's has proposed the appointment of Patricia Capel as a non-executive member of its board of directors.

Starbucks Projects Profit Growth From Tech, Stores, Workers Spending

Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance.

Retail Sales Of Roasted Coffee Decline In Italy

Roasted coffee sales in the modern retail channel in Italy totalled €700 million in the first half of 2022, a 1.4% increase in value but a 5.8% declin...

Migros Launches Capsule-Free Coffee System

Swiss retailer Migros is launching CoffeeB, the world's first coffee capsule system that works without the use of a capsule.

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...