The world sixth largest coffee producer, India, depends on its Southern State of Karnataka for around 70% of the country’s total coffee yield. But the severe weather conditions, with high temperatures and low rainfalls hitting the coffee plants at the important flowering stages, are to impact the fruit formation badly hence affecting the overall expected yield; reported Reuters India. The state-run
Month: June 2016
Tchibo Confirms Its Leadership in the German HoReCa Segment
According to a recent CoffeeBI analysis on the coffee market in Germany, three companies are ranked at the top for coffee sales in the HoReCa segment: Tchibo (the leader) followed by Alois Dallmayr and JJ Darboven. These three companies together hold 40% of shares in the HoReCa. In Germany currently there are about 130 coffee roasters operating, these being located particularly in North
Brexit: Don’t panic, keep calm and carry on!
Following the surprise result of the BREXIT referendum, some of our friends in Europe have been asking us what we think the impact will be on the UK’s coffee shop industry. As the UK enters a new era of economic uncertainty, the coffee shop industry is well-placed, as over the last seven years coffee shops have flourished and coffee has
Brexit: what London means for the world of coffee
At the time of writing, we do not yet know what will happen to the European coffee economy after the British referendum to possibly leave the EU, but for sure we can describe what London means for the world of coffee and how the UK is related to the European coffee economy. In the coffee world, London represents the fixed point in
Tesco to sell Harris and Hoole to Caffe Nero
Tesco has announced it plans to sell coffee chain Harris and Hoole to Caffe Nero, as announced today by the Sky News. The announcement came as Tesco reported a second successive quarter of sales growth for the first time in more than five years. The supermarket group launched Harris & Hoole in 2012 with Nick, Andrew and Laura Tolley, the Australian
Starbucks Enters South African Market
In April 2016 Starbucks opened its first coffee shop in Johannesburg, South Africa and thus added the 71st country to its retail chain. It is not the first time the famous coffeehouse chain is trying to conquer Sub Saharan Africa. In 2010, during the FIFA World Cup, Starbucks made a deal with Emperica marketing agency and a hotel chain Tsogo
Severe Drought Effecting Robusta in Vietnam
The extreme weather conditions have been holding tightly the Vietnam’s Central Highland coffee belt. This is the worst drought in 30 years. According to the Vietnam’s National Center for Hydro-Meteorological Forecasting, the temperatures are expected to be 0.5 to 1 degree Celsius higher than usual. The 599 reservoirs used for irrigation in Dak Lak province are up to 20% non-functional
Israeli Chain to Open 1,000 Cafes in Russia
Cofix, an Israeli coffee shop, bar and supermarket chain, has found partners to start expansion into the Russian market. Satesh Melwany, CEO at Melson Group (developer and food producer), and Mikhail and Grigoriy Pecherskiy, managing partners at ADG Group (developer) have closed the deal that will bring 1000 new coffee shops to Russia. Cumulative share of the partners in Russia
French consortium acquires German tableware manufacturer
French consortium Groupe SEB has recently announced the signature of an agreement with KKR. According to this agreement, Groupe SEB acquires WMF, a German group producing coffee machines and cookware. Thus the company has affiliated another old and famous brand to its list of iconic names (together with Schaerer, Silit, Kaiser and HEPP, among other). According to the press release
Europe: The Numbers of Espresso Machine Production
Only two countries, Italy and Germany, account for two thirds of total production. Half of the main production sites are located in Italy, while other numerous sites are located in Switzerland and Spain [Sign in to continue]