Market analyses and reports on the coffee and coffee machine markets
Coffee lovers will be delighted this year, as there are many coffee festivals and exhibitions coming up in 2017. In the infographic created by Market Inspector, you can a list of coffee festivals happening all over the world, so there’s something for everyone. Some of these fests are open to the coffee and tea industry professionals. The other festivals also
Starbucks new growth plans include increasing the number of its new upscale cafes around the world as reported by businessinsider.com. Starbucks’ new Reserve stores aim to capture the feeling of the Roastery and they will offer Princi’s food. Starbucks hasn’t revealed exactly what Princi items will be available at Reserve stores, but they have promised that pizza, sandwiches, and spirits will be
Ethiopia hosted the 15th African Fine Coffee Conference and Exhibition that took place at the Millennium Hall in Addis Abeba from 15 to 17 February, 2017. . The AFCA is the largest coffee conference and exhibition in Africa. It brings together both international and regional coffee roasters, professionals, traders, producers, coffee lovers, coffee expert speakers and companies that come to showcase
Interview with Katharina C. Hamma, Chief Operating Officer of Koelnmesse GmbH, and Dr. Aris Kaschefi, managing director of the German Vending Association (BDV). Are strategic goals being pursued with the date change to Eu’Vend & coffeena from autumn to spring? Hamma: With the new date concept we will further strengthen Eu’Vend & coffeena and its position in the international trade fair
Gloria Jean’s has announced its plans for expansion in year 2017 according to prweb.com and restaurantnews.com. The company’s plan mainly includes franchise focused expansion. Brian Balconi, President of Retail Food Group USA, parent company of Gloria Jean’s Coffees explains it saying “Here in the U.S., you can’t own your own Starbucks franchise, but you can fulfill the dream of owning
Congolese coffee beans are attracting the Specialty Coffee sector’s attention as reported by thelocalafricanews.com. As the specialty coffee sector sees growth, exporters, retailers and roasters keep looking for new grounds in hope to discover ever better tasting coffee beans. But discovering newer grounds also mean taking risks of entering world regions that have been politically unstable for several years now and
Starbucks Corporation’s financial results for its 13-week fiscal first quarter that ended on January 1, 2017, were announced 26th January 2017 by various sources like nasdaq.com, wallstanalyst.com and cnbc.com. Starbucks’ combined revenues showed a 7% growth with a $5.7 billion net amount as compared to the last year. Main increase in revenue came from the overall 2,163 newly opened stores
The increase in prices of coffee to nearly one third brought about a rise in the value of Kenyan coffee to up to 69% in the first three months before December 2016. This increase in earnings was explained by an upsurge in direct export sales and an improved productivity. Earnings between October and December saw an increase from Sh2.6 billion compared
Java House, one of the biggest coffee shops in East Africa has opened its first shop in Kigali, reports All Africa. The coffee shop which started in Kenya has expanded to Uganda, and now Rwanda, has a total of 56 branches in these countries with 2000 employees . According to the Group’s CEO, Ken Kuguru, they are excited to have extended
After President Trump’s temporary travel ban and suspension of America’ s refugee program, Starbucks CEO Howard Schultz announced he would hire 10,000 refugees over the next five years. According to ansa.it , Schultz said that recruitment would cover shops around the world, beginning with the United States, where priority will be given to immigrants “who served with US forces as interpreters or support