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Desk3

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Events

Philippine coffee featured for first time at Global Coffee Expo in Seattle

Desk3 -
WASHINGTON, DC, U.S. – For the first time in Philippine coffee history, Philippine coffee varieties from different production areas were cupped and graded by certified Q graders from across the globe following the cupping protocol of the Specialty Coffee Association of America.
Cocoa

International Symposium set to focus on cocoa research, profitability

Desk3 -
ABIDJAN, Côte d'Ivoire – The International Cocoa Organization (ICCO) is organizing the International Symposium on Cocoa Research (ISCR 2017) to take place in Lima, Peru, 13 – 17 November 2017, in conjunction with the Government of Peru. With the theme Promoting Advances in Research to Enhance the Profitability of Cocoa Farming ...
Companies

Tough consumer outlook knocks Whitbread shares despite strong results

Desk3 -
LONDON – Whitbread posted a robust set of annual results on Tuesday, but warned of the ongoing risks relating to Britain’s decision to quit the European Union, which sent shares sliding. The owner of Costa Coffee reported an increase in profits last year in the 12 months to 2 March - underlying pre-tax profits rose ...
Market & Trade

Robusta coffee futures record biggest 5-day plunge in half a decade

Desk3 -
MILAN – Robusta coffee futures on ICE fell to a 7-1/2 month low on Tuesday on technically-driven selling by funds, with the London market recording its biggest 5-day plunge in half a decade. The July contract fell $20 to $1,916 a tonne after dipping to a low of $1,871, the lowest level for the second position since ...
Companies

JDE closes acquisition of Singapore-based coffee maker Super Group

Desk3 -
SINGAPORE — Dutch coffee & tea giant Jacobs Douwe Egberts (JDE) has secured more than 98 percent of Super Group by the close on Tuesday (April 25) of its takeover. The Singapore firm has more than 160 products in over 65 countries, including Super Coffee, Owl and Essenso instant coffees.
Companies

Australian chain Gloria Jean’s Coffee closes last outlet in Vietnam

Desk3 -
HANOI, Vietnam – Australia’s Gloria Jean’s Coffee Vietnam has closed its last coffee shop in Ho Chi Minh City, in the Phu My Hung urban area of District 7, after ten years in Vietnam. It arrived in Vietnam in 2007 under a franchise license secured by the VietLifestyle JSC.
Companies

Grand Havana Coffee Company acquires Cafesa Coffee, adds 53 locations

Desk3 -
MIAMI, FL, U.S. – Grand Havana Coffee Company is pleased to announce that it has acquired Cafesa Coffee Company, a specialty coffee company based in Miami, Florida. Cafesa is a family owned private company that has been in the coffee wholesale business since 2001.
Companies

Crimson Cup celebrates 26 years of coffee and community on May 1

Desk3 -
COLUMBUS, Ohio – To celebrate its 26th anniversary, on May 1 Columbus coffee roaster Crimson Cup Coffee & Tea will offer craft Nitro cold brews for $1 at its coffeehouses in Clintonville and Upper Arlington. The company also has released a new video that highlights its commitment to creating sustainable relationships with coffee farmers ...
Coffee

Indian Institute develops soil management web app for coffee growers

Desk3 -
KERALA, India – The Indian Institute of Information Technology and Management-Kerala (IITM-K) has launched a web application that provides soil nutrient information and fertiliser recommendation for coffee plantation owners. The application, developed by the autonomous state government institute, will help coffee growers identify ...
Associations

U.S. specialty roasters commit to increase coffee imports from Kenya

Desk3 -
SEATTLE, U.S. – American roasters are expected to raise coffee purchases from Kenya by a quarter after the country showcased its produce in the ongoing symposium in Seattle, US. Coffee Directorate made a pitch for Kenya’s specialty coffee during the exhibition to have the US, which pays a premium price for the commodity ...
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