TRENDING NOW
Luckin Coffee shares plunge over 75% after investigation finds COO fabricated sales
MILAN – Luckin Coffee Inc. shares sank over 75% in Thursday trading after an internal investigation found that its chief operating officer fabricated 2019 sales by about 2.2 billion yuan ($310 million). In a fi...
Luckin Coffee provides certain information related to ongoing internal investigation
BEIJING, China – Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) yesterday announced that the Company’s Board of Directors (the “Board”) has formed a special committee (the “Special Committee”) to oversee...
TODAY'S NEWS
EVA President Paolo Ghidotti sends letter to EU Leaders calling for urgent measures
BRUSSELS, Belgium – The President of the European Vending & Coffee Service Association (EVA) Paolo Ghidotti has sent a letter to the EU Presidents on the devastating impact of the COVID-19 outbreak on the v...
Steeped Coffee launches «You Give, We Give» Campaign to support healthcare heroes
SANTA CRUZ, CA, U.S. – Steeped Coffee, a California-based Certified B Corporation, has launched “You Give, We Give” (steepedcoffee.com/yougivewegive), a campaign to help fuel and lift the spirits of frontline d...
LAST WEEK TOP NEWS
Olam partners with JLP on new coffee project in Colombian post-conflict zones
LONDON, UK – Smallholder farmers in post-conflict zones in the south-west of Colombia will benefit from a new laboratory and training centre designed to raise coffee quality and liveli...
Study confirms all Arabica coffee diversity is derived from a single ancestral plant
PORTLAND, OR, U.S. – A new study published today used modern genetics tools to trace the history of the Coffea arabica species, the most common and economically important commercial co...
EXCLUSIVE
Specialty Coffee Expo and Re:co Symposium canceled, both return to New Orleans in 2021
MILAN – The Specialty Coffee Association announced Tuesday the cancellation of the 2020 Expo and Re:co due to the outbreak of the Coronavirus pandemic. The announcement was made by the...
Costa closes all its UK shops a few hours before Government’s lockdown order
LONDON, UK – Costa Coffee was the latest major chain to announce the closing of all of its stores on Monday, a few hour before the Boris Johnson’s dramatic announcement of a full coron...
BUSINESS
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Nestlé Purina acquires UK’s leading producer of natural pet food Lily’s Kitchen
VEVEY, Switzerland – Nestlé Purina PetCare has acquired natural pet food brand Lily’s Kitchen, the UK's leading producer of premium wet and dry natural foods for dogs and cats. Their product range perfectly com...
EVENTS & PRESS RELEASES
Virtual Coffee Festival featuring international opinion leaders was held on Sunday
MILAN – In a bid to gather the coffee community together despite social restrictions, the Virtual Coffee Festival took place on Sunday 29 March 2020, between 1 pm and 5:30 pm CET. Coff...
COFFEE WORLD
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The Schall Law Firm announces it is investigating claims against Luckin Coffee
LOS ANGELES, CA, U.S. – The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Luckin Coffee Inc. ("Luckin Coffee" or "the Compan...
