During the Starbucks Fiscal Year 2022 Quarter Two Earnings call, CEO Howard Schultz announced the company will make additional investments in partners and stores for prioritised areas, bringing the total investments to nearly US$1 billion in this fiscal year alone.
Global market and technology leader Probat has announced the next generation of industrial drum roasters.
According to market research firm Future Market Insights, the global coffee capsules market is projected to surpass US$9.8 billion by the end of 2032.
Leading espresso machine manufacturer La Marzocco has launched its new special edition Legacy Linea Mini.
The International Coffee Organization’s (ICO) April 2022 market report shows its composite indicator of coffee prices gained 1.8 per cent from March to April 2022, averaging 198.37 US cents per pound.
Melitta Europa has sourced the first shipment of coffee produced and certified in connection with the 4C project ‘Improving working and living conditions for coffee smallholders in Colombia’.
On behalf of the Taiwanese Council of Agriculture and the Taiwanese Agriculture and Food Agency, Taiwan Coffee Laboratory and Alliance for Coffee Excellence (ACE) have announced the 2022 Taiwan Private Collection Auction (PCA).
IMA Group and Goglio, leading Italian multinationals in the packaging solutions sector, have entered a strategic partnership aimed at converging competences and know-how for the supply of processing and packaging solutions for the coffee industry.
According to studies being presented at the American College of Cardiology’s 71 Annual Scientific Session, drinking two to three cups of coffee a day is associated with a lower risk of developing heart disease and dangerous heart rhythms, and an extended lifespan.
JDE Peet’s Board of Directors has proposed the appointment of Jeroen Katgert as non-executive member of the Board.