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Survey says: Starbucks likely to keep making gains in market share

SEATTLE, U.S. – Quoting a survey, UBS said in a note Friday Starbucks Corporation is well positioned for continued U.S. market share gains. The firm also delved on growth at its channel development segment and Chinese opportunities. The deduction was based on a global coffee survey of over ...

Olam International reports 26.6% growth in PATMI for first quarter of 2017

SINGAPORE – Olam International Limited (Olam, the Group or the Company) today reported improved year-on-year earnings for the quarter ended March 31, 2017 (Q1 2017). This was primarily due to improved operational performance, which offset higher depreciation and amortisation and finance costs resulting from ...

Coffee associated with liver wellness in patients with chronic liver disease

HEMPSTEAD, NY, U.S. – Many people ask about liver wellness and what they can do to keep their liver healthy. The best recommendations are to avoid potential risk factors for chronic liver disease such as drug and alcohol use, make sure vaccination against hepatitis A and B are performed and proven effective and to follow a healthy diet ...

Talented barista creates miniature masterpieces inside cups of coffee

SEOUL, South Korea – A young barista is adding flair to the average latte by creating miniature masterpieces within the parameters of a coffee cup. Kangbin Lee is one of the talented coffee artists expanding the latte art scene in Korea as the trend grows in popularity.

TUTTOFOOD: A winning concept focusing on business and expertise

MILAN, Italy – This year, TUTTOFOOD has enlightened us with new trends and products, such as vegetable sorbets, the world’s first pasta made with coffee, balsamic vinegars that can be grated, mint burrata, and canned friarielli. But the organic industry was still the queen of the event.

Coffee Day Enterprises arm to buy majority stake in logistics company

BANGALORE, India – Coffee Day Enterprises’ subsidiary Sical Logistics Limited in its Board Meeting held on 12 May 2017 have approved the proposal to initiate the process to acquire majority equity stake in a company in the express logistics business with an annual revenue of Rs 40 Cr and to execute necessary agreements ...

Farmer Brothers introduces cold brew coffee filter packs for the Summer

FORT WORTH, TX – Farmer Bros. Co., a U.S. national coffee roaster, wholesaler and distributor of coffee, tea and culinary products, announced the release of its new Artisan Collection Cold Brew Filter Packs. Launched in time for the Summer selling season, Artisan Collection Cold Brew Filter Packs give operators an easy-to-use method to ...

The Second Cup Ltd. reports third consecutive quarter of positive EBITDA

MISSISSAUGA, ON, Canada – The Second Cup Ltd. reported improved financial results for the first quarter ended April 1, 2017. Same store sales were -0.2 % in Q1. Excluding Alberta same store sales rose 0.9% in the quarter. Ontario, Second Cup's largest region, recorded positive same store sales in Q1 of 1.6%.

ENSO-neutral and El Niño nearly equally favoured over the next 6 months

COLLEGE PARK, Maryland, U.S. – ENSO-neutral persisted during April, with near-average sea surface temperatures (SSTs) observed across the central equatorial Pacific and above-average SSTs in the eastern Pacific. The latest weekly Niño index values were +0.5°C in the Niño-3 and Niño-3.4 regions, and +0.3 and +0.8°C in the Niño-4 and ...

La Marzocco runs the espresso station at Formula E Monaco ePrix

SCARPERIA, Italy - La Marzocco, a leader in espresso machine innovation and design, announces its participation at the upcoming round of Formula E - the electric street racing series - in the Principality for the second edition of the Monaco ePrix. For the third year in a row, La Marzocco will join the series as the official espresso machine supplier for ...

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