Image: ROR Coffee SolutionsAt World of Coffee Dubai on 10 February, Emirate-owned ROR Coffee Solutions announced plans to expand its specialty coffee business to Saudi Arabia. In a statement, the brand said the expansion in collaboration with Qadr Financial marks a significant step in bringing its coffee solutions to new markets and reinforces its long-term vision for growth
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Image: Robert /stock.adobe.comChinese coffee shop chain Luckin Coffee has published its unaudited fourth quarter and fiscal year 2024 financial results, with a total Q4 revenue of RMB9,613.3 million (US$1,317.2 million), representing a 36.1 per cent year-over-year increase. In a conference call on 20 February, the company announced fourth quarter GAAP operating margin expanded year-over-year to 10.4 per
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Image: chayathon2000/stock.adobe.comUnited States (US) specialty coffee retailer Reborn Coffee has signed commitments for 33 new locations through a combination of area development and franchise agreements reinforcing the company’s “aggressive” international and domestic growth strategy. In a statement, the company said the newly secured agreements underscore the strong demand for Reborn Coffee’s specialty coffee, tea, and bakery
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