Tag: Markets & Trade

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

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

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

Canadians take Tim Hortons’ coffee

OTTAWA – Tim Hortons coffee chain has greatly influenced coffee drinking culture in Canada. With nearly all streets having at least one Tim Hortons’ coffee shop which has ultimately changed Toronto into a coffee drinking city. With virtually over 80 per cent of all coffee lovers in Toronto choosing Tim Hortons for reasons ranging from low prizes compared to other cozy coffee chains to the

The Global Coffee Trade in Numbers

Coffee has become the most consumed beverage worldwide and the second most traded commodity after oil. This revolutionary trend of global coffee industry changed the perspective of how we treat, consume or appreciate coffee. Brazil and Vietnam can be considered the usual suspects in the chain of coffee production. They have constantly exported the largest amount of coffee, while for the year

Starbucks Italy to open in Milan, Verona, Venice, Rome, and Naples

MILAN – Starbucks has officially announced that they will open in Milan in 2017 in collaboration with Percassi. Although only three stores are confirmed (Milan, Verona, and Venice), it is also likely for the shop to open in Rome and Naples. Howard Schultz, Starbucks chief executive, has always told that the history of the Starbucks was inspired from how Italians create their

Saudi Arabia, the world quickest developing espresso market

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RIYADH – Espresso and chocolate deals have trebled in the Arab world over the previous decade, increasing by about 100% in Saudi Arabia in the previous three years. As per financial analyst Hajar Al-Fadl, Saudis now spend more than five billion riyals (1.8 billion euros) on espresso every year. “The Kingdom has accomplished a tremendous development in espresso deals with 25% yearly