MILAN – Panera Bread's shares spiked more than 13 percent in aftermarket trading on Tuesday, after Bloomberg reported that JAB was in advanced talked to acquire the bakery chain. JAB, the investment arm of the secretive Reimann family, owns other brands such as Keurig Green Mountain and Krispy Kreme Doughnuts.
MILAN, Italy – illycaffè has renewed its partnership with La Triennale di Milano for 2017 and 2018. The collaboration will continue for another two years, once again proving illy’s vocation for the world of art, design and culture. The bond between the two companies, which started in 2014 when a first three-year agreement was signed ...
SEOUL, South Korea – Instant coffee consumers are switching from coffee mix to instant drip, industry sales data showed Wednesday. The market for coffee mix shrank on four consecutive years of minus growth. Last year's sales were down 7.2 percent from the year before.
PATTAYA, Thailand – Segafredo Zanetti Espresso proudly announces its 17th opening in Thailand. The new entry is a kiosk inaugurated in cooperation with Central Food Retail Company Ltd, an important partner of Segafredo Zanetti since many years. The kiosk is situated in the most famous resort city of Pattaya, in the Gulf of Thailand ...
DENVER, CO, U.S. – New Age Beverages Corporation, the Colorado-based Company that markets the brands XingTea, XingEnergy, Aspen Pure PH and Aspen Pure Probiotic Water, Búcha Live Kombucha, Marley One Drop Coffee, and Marley Mellow Mood Relaxation Drinks, has announced the signing of a definitive agreement to acquire ...
COLUMBUS, Ohio – One of the hottest trends in coffee today is ice cold, infused with nitrogen gas under pressure, and dispensed from a tap. And, thanks to a joint effort by Columbus roaster Crimson Cup Coffee & Tea and Heidelberg Distributing Company, Nitro cold-brewed coffee is joining the taps of some of the city’s hottest bars and restaurants.
SEATTLE, U.S. – On Monday, Kevin Johnson becomes the CEO of Starbucks — the first time in nine years Howard Schultz has not been at the helm of the coffee empire he began building 30 years ago. Tall and polished, with a ready smile and a hearty handshake, Johnson brings to the role a deep knowledge of the company ...
MILAN, Italy – The Italian food sector is finally seeing some good times. After a 2016 with production and exports up but consumption flat, 2017 promises an across-the-board improvement: higher value, an acceleration in exports and increased domestic demand, according to forecasts from ...
MELBOURNE, Australia – A new partnership has been announced that features a specially-commissioned collection of premium espresso coffee capsules in A-League club colours. A product of MyTeamCoffee.com, the capsules introduce a quality blend to football fans in time for the remainder of the A-League 2016/17 season.
LONDON, UK – Use of around 300 million disposable coffee cups could be cut if a charge was introduced for consumers, a new study has fund. The use of disposable coffee cups could be reduced by 50 – 300 million annually according to research announced today by leading coffee roaster Bewley's.
LYON, France – The international hospitality and food service event held in Lyon last January, hosted almost 3000 exhibitors, 208.000 professionals and more than 20 domestic and international contests. For the third time consecutively Segafredo Zanetti France was present and stood out with an elegant and modern stand of 72 sqm.
PETACH TIKVA, Israel – Strauss Group Ltd. announced today (March 28, 2017) that its subsidiary (74.9%) Strauss Coffee B.V. has acquired the entire holding (25.1%) of Robusta Coöperatif, held by TPG Capital, in Strauss Coffee, resulting in Strauss Group regaining full ownership (100%) of Strauss Coffee.