LAVÉRUNE, France – Yesterday, the Lavazza Group shared its financial results for the year ending on December 31st, 2016 following the Board of Directors’ approval of the company’s Separate and Consolidated Financial Statements. Consolidated revenues, calculated according to the Italian GAAP and including the contribution of Carte Noire ...
MILAN – Italian coffee maker Lavazza is considering new acquisitions in a bid to increase its turnover to 2.2 billion euros over the next four years, CEO Antonio Baravalle said on Tuesday. Sales at the family-owned company rose 29 percent to 1.9 billion euros last year following the acquisition of French coffee brand Carte Noire and ...
SCARPERIA, Italy – La Marzocco is excited to announce it has hosted 43 candidates at its home in Scarperia for the first ever La Marzocco Career Camp, a 2-day on-site interdepartmental recruiting program and adventurous experience for all those involved. Tents were set outside the factory for all those who came from the other end of ...
DUBAI, United Arab Emirates – Nestlé has today inaugurated its new Al-Maha factory in Dubai, producing Nescafé coffee and Maggi cooking aids for the local and regional market. Now operating at full capacity, the site employs 340 people from 20 countries. 60% of the team are under 30 years of age.
MILAN – A glitch in a software update caused cash registers at some U.S. and Canadian Starbucks Corp. stores to go offline for several hours on Tuesday. The coffee chains' payment system was down and baristas were unable to complete transactions. "As part of our normal course of business, overnight we worked to install a technology update
MILAN – “I’ve been positively surprised by the sincere interest of visitors for our Organic and quality certified coffee blends” commented the Sole Administrator of Torrefazione Monforte Srl company, Mrs. Magda Katsoura Colozza, when giving her feedback about TUTTO FOOD 2017 International exhibition concluded last Thursday in Milan.
AMSTERDAM, The Netherlands – Over 2016 the UTZ coffee program continued to grow in reach and market uptake. New and growing commitments to source certified coffee by partners in Europe and the US resulted in a 35% increase in first buyer sales. Seventeen out of 20 top buyers also enlarged their volumes.
CORVALLIS, Ore., U.S. – Oregon State University and Peet’s Coffee, The Original Craft Coffee, yesterday announced the Peetnik Pathway to College Program, a tuition reimbursement plan that gives thousands of the specialty coffee company’s employees access to OSU’s top-ranked online education.
NORTHLAKE, Texas, U.S. – Farmer Bros. Co. yesterday announced that it will present at the 18th Annual B. Riley Conference at the Loews Santa Monica Beach Hotel in Santa Monica, California, on Wednesday, May 24, 2017 at 2:30 p.m. PT (5:30 p.m. ET). Participating at the conference will be Michael H. Keown ...
TORONTO, Canada – SPOT COFFEE announces that its previously announced conversion of principal amount under the terms of two convertible debentures has been increased, as the holder of these debentures has agreed to convert the full principal amount of these debentures into common shares ...
SEOUL, South Korea – The Seoul Metropolitan Government is teaming up with major coffeehouse chains in South Korea for a new recycling project that will see a weekly dose of coffee grounds reused as fertilizer and disposable cups collected for recycling, as part of a new environmental initiative set to kick off next month.
PORT MORESBY, Papua New Guinea – Papua New Guinea coffee industry is gearing up its first ever Q-grader training, which will be conducted by a renowned coffee specialist from Indonesia. Adi Taroepratjeka, a Q and R grader, and also a Q instructor will be in the country this month to carry out training for 12 participants on ...