Category: Events & Press Release

Coffee Price Risks to Rise Up

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A poll by Reuters on 11 traders and analysts showed a price increase across the board with arabica and robusta both experiencing harvest related problems. Weather conditions have affected coffee producers in many countries. Fortune reports the El Niño have affected growers in Asia, especially Vietnam. In Uganda, droughts in the south and south western regions are expected to reduce production.

Youngetivity Int. to expand in South Florida

A subsidiary of Youngetivity International Inc., CLR Roasters, has announced that it has signed a three year agreement with Bread Partners Inc to provide CLR Roasters to 18 AuBonPain locations, Yahoo Finance reports. A marketer for nutritional and lifestyle products, Youngetivity International Inc. also produces gourmet coffees for retail and direct sales channels. According to this agreement, AuBonPain will commercialize

Coffee and gas stations: new investments in Belarus

According to the research conducted by A-100 gas station company, the amount of consumed coffee-to-go has doubled since July 2015. Company officials suggest that this increase is connected with the complicated economic situation – people need to stay focused, so they drink more coffee. Considering the consumption growth, the company has invested about $126,000 in equipment and coffee materials since May

Starbucks invests in Princi, the Italian boutique bakery

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On Wednesday 13th July, Starbucks Corporation announced a financial investment and global licensing deal with Princi, the renowned Italian boutique bakery and café. Starbucks, Milan-based Angel Lab and Pekepan Investments, will focus on expanding the number of standalone Princi locations worldwide. In 2017 the corporation will open the first store in Seattle, and then they will open in Shanghai and

St.Petersburg launches a discount app for coffee

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A new application for Android and iOS smartphones has been recently launched in St.Petersburg, Russia. Cupella provides users with an access to discounts in coffee shops by subscription. The app contains geolocation, so one can see where the nearest places with discounts are located. The menu also includes purchase history, and the first cup of coffee for a new user is free.