Category: Events & Press Release

Starbucks First Sustainability Bond

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Starbucks is preparing to invest in sustainable methods to support coffee production in the future, looking towards the investors. It has been reported that it’s the first time Starbucks is issuing $500 million U.S. corporate sustainability bond (Fortune, Bloomberg). The earnings from the sale of ten-year senior notes are expected to be $495.6 million (Fortune) and will fund the Eco-friendly

Presse Café is looking for opportunities in Moscow

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MOSCOW – Canadian coffee shop chain, Presse Café, is planning to come to the Russian market. Company’s top managers are looking for a master franchisee. At the moment, Canadians are evaluating the risks and making decisions about presence model which is most likely to be a partnership with master franchisee. According to the company’s blog, “CEO and his esteemed advisors are

A Barcode for Ethiopian Coffee Farmers

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In Ethiopia, Arabica coffee beans are now subject to a new tagging scheme. They must be packed into a sacks marked with barcodes that tell to global buyers exactly where the beans are from. Through this tagging scheme farmers can develop more expertise and increase the value of their product before it comes to market. According to Ermias Eshetu, chief executive of the Ethiopia

The Danish Coffee Roasters

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COPENHAGEN – Denmark is one of the top six countries having the highest coffee consumption in the world. With per capita consumption entering the kilogram range (gcrmag), it isn’t hard to predict this slice of Nordic region has some really exciting specialty coffee to offer to the world. Some of the best roasters from Denmark are Coffee Collective, Kent Kaffe,

The Netherlands and some specialty cafés

AMSTERDAM – The local coffee landscape in Netherlands has some really good cafés and roasteries they can brag about. Two of these fine quality artisan coffee roasters are Bocca and Coffee Xperts. Founded by Jan Schuitemaker & Tosca Schuitemaker-Kreike in 2002 Coffee Xperts started out as coffee retailers. 2005 was the year they incorporated roasting into their business. In 2010 the retail

Starbucks launches a controversial loyalty program in Russia

MOSCOW – Starbucks in Russia has updated its loyalty program following the similar changes in the US market. The new program My Starbucks Rewards started on April 18, though Russian version has some differences. A start is still awarded for a purchase, regardless the summ on the check. According to the new award system in the United States, the customers now get two stars