Coffee

Illycaffè Reports Revenue And Profit Growth In FY 2023

Italian coffee company Illycaffè achieved solid revenue growth in 2023, reaching €595.1 million (+5.7% at constant exchange rates and +4.8% at...

Brazil Approaches 2024 Robusta Harvest As Prices Skyrocket

Brazilian farmers are preparing to start harvesting a larger robusta coffee crop this year just as local prices are at an all-time high and London robusta...

Lavazza Reports 13% Revenue Growth In FY 2023 Despite Challenges

Italian coffee giant Lavazza generated revenue worth €3.1 billion in its financial year 2023, registering a 13% increase over 2022.

Louis Dreyfus Company Agrees To Buy Brazilian Coffee Maker Cacique

Agricultural commodity merchant Louis Dreyfus Company (LDC) has signed a binding agreement to acquire 100% of Brazilian soluble coffee maker Companhia Caci...

Caffè Borbone Brews Up Record Sales in 2023

Italian coffee company Caffè Borbone has reached a milestone of €300 million in full-year revenue for the first time, a 14.3% increase on the p...

JDE Peet’s Names Luc Vandevelde As Interim Chief Executive

Coffee giant JDE Peet’s has announced the appointment of Luc Vandevelde as its interim chief executive officer, effective 1 April 2024.

Aldi Rebrands Own-Brand Coffee Range In Portugal

German discount retailer Aldi has rolled out the Barissimo coffee brand in Portugal as part of a rebranding process of private label coffees, including the...

Keurig Dr Pepper's Price Hikes Pull Quarterly Sales Below Estimates

Keurig Dr Pepper missed market expectations for fourth-quarter sales as higher product prices deterred demand for the beverage maker's sodas and tonic wate...