PHILADELPHIA, U.S. – La Colombe's Draft Latte announced its growth into 25,000 points of distribution to coincide with the start of cold coffee season. The explosive rise has made La Colombe a breakout brand in the $3 billion ready-to-drink coffee category 1. And, with plans to introduce multiple new Draft Latte varieties this year.
MILAN – The Board of Directors of Autogrill S.p.A. today examined and approved the consolidated revenue performance, as of 30 April 2017. Autogrill posted robust growth in the first four months of 2017. Global revenue growth was driven by the strong +4.8% like-for-like performance across the board.
ROCKVILLE, MD, U.S. – The US energy drinks market recorded an annual increase of seven percent over the last five years, according to market research firm Packaged Facts. The report entitled ‘Energy & Sports Drinks: U.S. Market Trends & Opportunities’ claimsthat between 2011-2016, year-over-year gains were the result of ...
HANOI, Vietnam – Vietnam and 14 other world leading tea and coffee exporters, including China, the Philippines and India took part in a tea and coffee festival at the United Nations headquarters in New York on May 18. The event was organised by the UN Correspondents Association (UNCA) and the association of wives of Arab diplomats in the UN.
DUBAI, United Arab Emirates – With 82 per cent of people admitting to drinking coffee every day, the UAE has become a nation more passionate about the ubiquitous beverage than ever before. Recently marked was International Recycling Day, an annual event which aims to educate and raise awareness around the importance of recycling ...
SAO PAULO, Brazil – ATO/Sao Paulo forecasts Brazil’s coffee production for Marketing Year (MY) 2017/18 (July-June) at 52.1 million 60-kg bags, a decrease of four million bags compared to MY 2016/17, due to the off-year of the biennial production cycle of trees in the majority of Arabica growing regions.
MELBOURNE, Australia – The El Niño–Southern Oscillation (ENSO) remains neutral. With the tropical Pacific Ocean warmer than average, and around half the international climate models reaching El Niño levels later in the year, development of El Niño in 2017 cannot be ruled out.
WASHINGTON, DC, U.S. – When Italian botanist Prospero Alpini traveled to Egypt in 1580, he discovered a world of unusual plants—strangely shaped bananas, bright red opium poppies, chunky baobab trees. After returning to Europe three years later, Alpini publicized his findings in two volumes, De Plantis Aegypti and Da Medicina Aegyptiorum.
SEOUL, South Korea – South Koreans drank a total of 377 cups of coffee per person on average last year, mirroring brisk growth of the sprawling market fueled by a flurry of various franchises, a government report showed Wednesday. The average coffee consumption, based on South Koreans aged over 20, has grown at an ...
DUBLIN, Ireland – Insomnia, the coffee chain led by Bobby Kerr, is eyeing up a significant expansion this year, with plans to open as many as 30 outlets between now and the year’s end. The chain, which currently has a portfolio of about 140 outlets across Ireland and the United Kingdom, some of which are operated by partners such as Spar and ...