Global Coffee Report

Image: CropsterGrowth investment firm Verdane has acquired a majority stake in coffee roasting software company Cropster to accelerate industry innovation and growth. The partnership is said to “build on Cropster’s successful development and long-standing customer relationships, further expand the company’s software offering, accelerate growth, and consolidate Cropster’s global market-leading position as the operating system for the coffee
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Image: International Coffee Partners (ICO)In its Annual Report for 2023, International Coffee Partners (ICP) has detailed challenges faced by the global coffee sector and the organisation’s successes in supporting smallholder farming communities. “In a year marked by climate change-induced disruptions, volatile markets, and soaring production costs, ICP worked closely with its implementing partner, Hanns R. Neumann Stiftung (HRNS), to
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Nestlé CEO Laurent Freixe. Image: Nestlé The Nestlé Board of Directors has approved changes to the company’s organisation and its Executive Board, effective 1 January 2025. Zone Latin America (LATAM) and Zone North America (NA) will merge to form Zone Americas (AMS), which will be led by Steve Presley. He will relocate to Nestlé’s headquarters in Vevey, Switzerland. Zone Greater China Region
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Image: Iurii Gagarin/stock.adobe.comNestlé has reported organic growth at 2 per cent for the first nine months of 2024, with coffee being the largest growth contributor. “We delivered organic sales growth, driven by positive real internal growth. Consumer demand has weakened in recent months and we expect the demand environment to remain soft,” says Nestlé CEO Laurent Freize.
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Image: wachiwit/stock.adobe.comStarbucks plans to release its fourth quarter and full fiscal year 2024 financial results after market close on Wednesday 30 October 2024, with a conference call to follow at 2pm Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website here. A replay of the webcast
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Image: hanohiki/stock.adobe.comLuxury fashion brand Louis Vuitton has opened a new café in collaboration with chef Cyril Lignac at Terminal 2 of London Heathrow Airport in the United Kingdom. Le Café Cyril Lignac at Louis Vuitton adjoins a new store from the brand at the airport and is centrally located in a futuristic open-air pavilion, designed in
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Image: IMA Coffee. IMA Coffee Hub highlights how it has developed new technology to enhance coffee capsule packaging processes and make products more sustainable. In this golden age of innovation, developments in technology are helping coffee companies thrive in the fast-paced and evolving industry. Through its constant analysis of the ever-changing coffee landscape, Italian coffee processing plant and
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World Barista Champion 2023 Boram Um. Image: EversysAs technology and automation in the coffee industry continues to evolve, so does the role of the barista. Global Coffee Report hears from three Eversys Ambassadors and Barista Champions about their predictions for the future of the profession. Despite the origins of European coffee culture dating back to the 17th century, it wasn’t until the
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Image: ManuPadilla /stock.adobe.comInternational coffee chain Starbucks has acquired 23.5 Degrees, its largest franchisee in the United Kingdom (UK), further expanding its portfolio of company-operated stores. According to Starbucks, the goal of the acquisition is to “enhance the coffeehouse experience for customers”. This integration brings on board the largest Starbucks-licensed business partner in the market, encompassing approximately 113
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