Market analyses and reports on the coffee and coffee machine markets
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
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.
Oleg Yarovyj and his wife Inna came to Poland from Ukraine in November 2015. They both had worked in advertisement, but then decided they wanted something new, moved to a new country and opened Dobro&Dobro. The total square of the place is 6 m2 and it is the smallest café in Poland. Oleg says such coffee points are very popular
The coffee culture came to Poland quite late – in the end of the 80s. Before that the only coffee you could find in the country was Robusta which was not easy to buy. After becoming a democratic republic, Poland got access to all varieties of coffee though it took time to catch up with the rest of Europe. Today Poland has joined the third wave of coffee [Sign in to continue]
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
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
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
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
According to the annual report filed in May, to the South Korea’s Financial Supervisory Service, Caffebene generated $97million revenue in 2015. That’s a loss by far margin when compared to the revenue figure Caffebene generated a year earlier $122.5 million. Even in 2014 the company faced loss of $7.1million. According to the latest quarterly report ending Mar 31, Caffebene generated $15.6 million in sales, down from $23.7 million that the company generated in the same period a year ago [Sign in to continue]
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