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Coffee streams into streets of China's 'mountain city'
(Xinhua) In Chongqing, a mountainous metropolis in Southwest China renowned for simmering, spicy hotpot often served with beers or strong tea, the
Tag : China Coffee
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China's coffee industry booms amid opening up
(Xinhua) Yang Hongjian, born in the 1990s, is building a coffee estate in his hometown in Pu'er city, Southwest China's Yunnan province.Yang, whose
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Starbucks plans to tap young, wealthy customers to weather recession
(Reuters) Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming
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Starbucks Reports Q4 and Full Year Fiscal 2022 Results: Highlights
Starbucks Corporation reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2022. The comparable
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Nestlé to Acquire Seattle’s Best Coffee Brand From Starbucks
(WSJ) Nestlé SA said it has agreed to acquire the Seattle’s Best Coffee brand from Starbucks Corp., bolstering the Nescafe and Nespresso
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Diageo Picks Up Mr. Black, An Australian-Made Coffee Spirit
(Forbes) Amidst espresso martini’s comeback, Diageo today announced the acquisition Mr Black, a premium cold brew liqueur out of Australia and the
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With Starbucks CEO Succession Plan in Place, Howard Schultz Plots His Priorities
(WSJ) Howard Schultz has a bucket list for his remaining six months as chief executive of Starbucks Corp. before exiting for the third and—he has
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Starbucks charts expansion plan in China for more market share
(China Daily) Starbucks plans to increase its store numbers by 50 percent to 9,000 stores by 2025 in China－its second-largest market－as well as
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Starbucks Plans 3,000 New China Stores Despite Sinking Sales From Covid Policies
(WSJ) Starbucks Corp. plans to increase its China store count by 50% over the next three years, a vote of confidence in its largest market outside
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New Starbucks CEO to Learn Role Alongside Howard Schultz
(WSJ) Laxman Narasimhan has led multibillion-dollar businesses and helped boost company operations over a decades long career.Now he faces a new
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Yunnan expands coffee production, processing
(China Daily) As Chinese consumers become increasingly sophisticated coffee drinkers, Yunnan province in Southwest China aims to grow more premium
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China's jobless turn to car boot sales as COVID-hit economy stalls
(Reuters) When the COVID-19 pandemic forced Wang Wei to shut his tourism company, the Tianjin native poured his life-savings of 80,000 yuan ($11,785)
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Coffee Could Get Even Pricier as Brazil’s Harvest Falters
(WSJ) A poor harvest in the world’s largest coffee producer threatens to push the cost of a cup of joe even higher.Farmers in Brazil are dealing
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Yunnan using bean to perk coffee sales
(China Daily) With short supply and rising prices of coffee beans worldwide, Southwest China's Yunnan province has jumped on opportunities to grow
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China's Luckin plans store expansion, remains committed to U.S. market
(Reuters) Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China's Luckin Coffee believes it has emerged from its