Coffee

Nespresso Unveils Plan To Revive Zimbabwe’s Coffee Industry

Coffee giant Nespresso has announced a long-term investment plan to help revive Zimbabwe’s coffee industry and stimulate the country's rural economy....

Starbucks' Italian Dream Comes True, But It Is Not Cheap

Starbucks, the world's biggest coffee chain, will realise its chairman's dream on Friday when it opens an upmarket roastery and cafe in Milan, but the test...

Nestlé Signs Global Starbucks Coffee Licensing Deal

Nestlé and Starbucks have completed a deal that will see Nestlé granted the perpetual rights to market Starbucks’ range of CPG and food...

JDE Partners With Louis Dreyfus Company In Indonesia

Coffee firm Jacobs Douwe Egberts (JDE) has announced a partnership with the Louis Dreyfus Company, a global agriculture merchant, which will see the two fi...

Nestlé Launches New Coffee Production Line In Vietnam

Swiss coffee giant Nestlé has inaugurated a new production line in Vietnam that is set to process 2,500 tonnes of coffee each year, according to a p...

Starbucks Chief Financial Officer Maw Set To Retire

Starbucks Corp has said that Chief Financial Officer Scott Maw is to retire at the end of November, stunning investors and sending shares of the world's la...

Starbucks Closing Cafes – CEO Calls Performance 'Not Acceptable'

Starbucks Corp. is forecasting slower sales growth than Wall Street expected this quarter, and it plans to close about 150 US cafes next fiscal year to boo...