Global Coffee Report

Global Coffee Report

JDE Peet’s announces interim leadership as CEO steps down

Scott Gray will also step in as Interim CEO. Image: JDE Peet’sPure-play coffee and tea company JDE Peet’s has appointed Peter Harf as Interim Chairman of the Board, effective immediately. As part of the new appointment, Luc Vandevelde will step down as Interim CEO and Chairman of the Board due to unforeseen circumstances. “On behalf of the Board, I want to thank Luc for his tenure
The post JDE Peet’s announces interim leadership as CEO steps down appeared first on Global Coffee Report.

Global Coffee Report

Specialty Coffee Association Japan event to take place in Tokyo

Image: Viks_jin/ stock.adobe.comSpecialty Coffee Association of Japan (SCAJ) has announced the date of its annual B2B event, which will take place at Tokyo Big Sight on 9 October 2024. The Association’s 19th exhibition, the event aims to gather coffee producing regions and countries based in Central and South America, Africa, and Southeast Asia, as well as coffee-related
The post Specialty Coffee Association Japan event to take place in Tokyo appeared first on Global Coffee Report.

Global Coffee Report

Nespresso launches new range of honey products

Image: Mediteraneo / stock.adobe.comNespresso USA has announced the launch of Nespresso Bloom, its first collection of honey products. The new range, which includes Coffee Blossom Honey and Coffee Blossom Syrup, is currently available to buy from Nespresso Boutiques in New York and San Francisco, both United States (US). The honey-based collection is designed to highlight the company’s move
The post Nespresso launches new range of honey products appeared first on Global Coffee Report.

Global Coffee Report

Blue Bottle Coffee to launch Singapore pop-up store

Image: Blue Bottle CoffeeOn 27 August, California-based coffee roaster Blue Bottle Coffee will open a pop-up store in Singapore, marking its debut in the Southeast Asian country. The announcement comes as part of a collaboration with Japanese retailer Lumine. The pop-up Blue Bottle venue will be a limited-edition to the brand’s flagship store in Raffles City Shopping Centre.
The post Blue Bottle Coffee to launch Singapore pop-up store appeared first on Global Coffee Report.

Global Coffee Report

Westrock Coffee reports second quarter 2024 results

Image: Westrock Coffee Company
Coffee, tea, and extracts provider Westrock Coffee has released its second quarter results for 2024. According to the report, net sales in the quarter totalled $208.4 million and showed a decrease of $16.3 million, or 7.3 per cent, compared to the second quarter of 2023. Other key takeaways included an increase in earnings before interest,
The post Westrock Coffee reports second quarter 2024 results appeared first on Global Coffee Report.

Global Coffee Report

Global Coffee Platform recognises new sustainability schemes

Image: Global Coffee PlatformMulti-stakeholder membership association Global Coffee Platform (GCP) has announced the addition of four sustainability programs to its list of recognised schemes as equivalent to its Coffee Sustainability Reference Code (Coffee SR Code). The news comes as part of the organisation’s aim to promote environmentally friendly processes in the coffee industry. “We applaud the response to
The post Global Coffee Platform recognises new sustainability schemes appeared first on Global Coffee Report.

Global Coffee Report

I-CIP continues to grow in July 2024

Image: ICOThe International Coffee Organization’s (ICO) July 2024 market report reveals its Composite Indicator Price (I-CIP) averaged at 236.54 US cents per pound in July, showing a 4.3 per cent increase from June 2024. It also announced an I-CIP median value of 237.05 US cents per pound, which fluctuated between 224.77 and 251.68 US cents per pound. According
The post I-CIP continues to grow in July 2024 appeared first on Global Coffee Report.

Global Coffee Report

Krispy Kreme to open first store in Morocco

Image: Krispy KremeAmerican multinational doughnut and coffee company Krispy Kreme will open its first store in Morocco on 9 August. The new venue is part of a partnership with franchise Americana and a key step in the brand’s growth plan to bring its doughnuts and coffee to customers on a global scale. “Our decision to enter the
The post Krispy Kreme to open first store in Morocco appeared first on Global Coffee Report.

Global Coffee Report

abCoffee opens new venues in India’s tech hub

Image: abCoffee Grab-and-go specialty coffee chain abCoffee has opened seven new stores in the Indian city of Bengaluru. The announcement comes shortly after the inauguration of four outlets across several locations in Mumbai, which brought the coffee chain to its 50th store mark. “We are thrilled to bring the abCoffee experience to the tech city of Bengaluru
The post abCoffee opens new venues in India’s tech hub appeared first on Global Coffee Report.