Day: March 17, 2025

As Prices Rise, Green Coffee Becomes Target of Theft

Six months ago, we brought you news of coffee cherries being stolen right off the branch in Uganda—now shipments of green coffee are being targeted.
The post As Prices Rise, Green Coffee Becomes Target of Theft appeared first on Fresh Cup Magazine.

New Report Alleges Starbucks Avoided More Than $1 Billion in Taxes

A report by a corporate tax research center alleges that Starbucks used a Swiss subsidiary to avoid taxes on more than a billion dollars in profit over the past decade.
The post New Report Alleges Starbucks Avoided More Than $1 Billion in Taxes appeared first on Fresh Cup Magazine.

Luckin Coffee establishes exclusive coconut island in Indonesia

Image: Robert/stock.adobe.comLuckin Coffee has signed a Memorandum of Understanding (MoU) designating the Banggai Islands Regency in Indonesia as the brand’s primary source of raw coconut material. The islands, which will be named Luckin Coffee’s Exclusive Coconut Island, will supply the coconut milk for the brand’s flagship Coconut Latte. Since the company’s launch four years ago, more
The post Luckin Coffee establishes exclusive coconut island in Indonesia appeared first on Global Coffee Report.

Swiss Water reports strong 2024 financial results

Image: Swiss WaterSpecialty coffee company and green coffee decaffeinator Swiss Water has reported strong full year 2024 results amid Arabica coffee futures volatility. The company reported revenue of CA$173.1 million (US$119.9 million), an increase of 4 per cent over the prior year, and a gross profit of $26.2 million (US$18.2 million), an increase of 39 per cent
The post Swiss Water reports strong 2024 financial results appeared first on Global Coffee Report.

10 things you won’t want to miss at MICE2025

More than 10,000 visitors are expected to attend MICE2025.Melbourne International Coffee Expo (MICE2025) is gearing up to be the best yet. We’ve compiled a list of the top 10 things to see and do at this year’s unmissable coffee event, taking place at Melbourne Convention and Exhibition Centre from 20 to 22 March. Roasters Playground The inaugural Roasters Playground is the centrepiece of
The post 10 things you won’t want to miss at MICE2025 appeared first on BeanScene.