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illycaffè Chairman Andrea Illy shares 2025 industry predictions
Jan 8, 2025 · The coffee industry is at a pivotal moment, according to Andrea Illy, chairman of illycaffè.. Recognising the severity of the challenges the industry faces – climate change, poverty, and market instability – G7 2024 endorsed the creation of a global public-private partnership.
ofi achieves sustainability milestone - Global Coffee Report
Jan 10, 2025 · Food and beverage ingredient company Olam Food Ingredients (ofi)’s sustainability management system, AtSource, has been recognised as an equivalent scheme to the Sustainability Agriculture Initiative (SAI) Platform’s Farm Sustainability Assessment – FSA Version 3.0.. The SAI Platform’s Farm Sustainability Assessment FSA 3.0 provides a framework to assess, improve, and validate on-farm ...
News Archives - Global Coffee Report
Prime Creative Media launched Global Coffee Report in April 2011 with the aim of promoting, growing and informing the global coffee industry through the provision of the most relevant and current information and in-depth analysis from the sector’s most influential voices.
SCA CEO Yannis Apostolopoulos shares 2025 industry predictions
Jan 7, 2025 · For the first time, the Specialty Coffee Association (SCA) will focus on directly engaging with consumers and supporting the industry to grow the specialty coffee market, says CEO Yannis Apostolopoulos.
Starbucks to release Q1 2025 fiscal results - Global Coffee Report
Jan 15, 2025 · Global coffee company Starbucks plans to release its first quarter fiscal year 2025 financial results after market close on 28 January 2025.. This will be followed by a conference call at 2pm Pacific Time. The conference call will be webcast, including closed captioning, and can be accessed on the company’s website.. A replay of the webcast will …
Luckin Coffee to launch brand in Malaysia - Global Coffee Report
Dec 2, 2024 · Chinese coffee chain Luckin Coffee has entered into a strategic partnership to launch the brand in Malaysia by 2025.. The partnership grants exclusive licensing rights to Hextar Industries Berhad’s subsidiary Global Aroma Sdn Bhd to develop, open, and operate coffee shops under the Luckin Coffee brand nationwide.
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Prime Creative Media launched Global Coffee Report in April 2011 with the aim of promoting, growing and informing the global coffee industry through the provision of the most relevant and current information and in-depth analysis from the sector’s most influential voices.
I-CIP closes 2024 up 40 per cent: ICO Report
Jan 8, 2025 · The International Coffee Organization’s (ICO) December 2024 report revealed the ICO Composite Indicator Price (I-CIP) averaged 299.61 US cents per pound in December, a 10.7 per cent increase from November 2024.. Additionally, the Colombian Milds and Other Milds increased by 11.4 per cent and 12.6 per cent, reaching 341.00 and 343.34 US cents per pound respectively, in December 2024.
Cup of Excellence 2024 announces winners from Brazil
Nov 11, 2024 · The Cup of Excellence (CoE) 2024 has announced the winners from Brazil, with 13 coffees sourced from 10 different regions across the country awarded scores above 90.. Brazil’s CoE is made up of three categories: Experimental (highlighting coffees that undergo induced fermentation), Dry (assessing sun-dried and naturally processed coffees), and Wet Process (evaluating coffees that have been ...
Luckin Coffee reveals third-quarter results; plans to expand in US
Oct 31, 2024 · In its third quarter 2024 financial results, Chinese coffee chain Luckin Coffee has reported a 41.4 per cent increase in net revenues from the same time last year, as it evaluates expansion opportunities in the United States (US).. The quarterly results, released on 30 October 2024, revealed a revenue jump from RMB7200 million (US$1012 million) in October 2023 to RMB10,180.8 million (US$1452.1 ...