Thursday 25 July 2024
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coffee industry news

illy and United to offer ready-to-drink cold brew starting July 1

NEW YORK, USA – Starting July 1, illy 's canned, ready-to-drink Cold Brew will be available on most United flights over 300 miles, making...

J.M Smucker posts 1.1% decrease in FY U.S. Retail Coffee sales to $2.7B, net profit at $759M (+2.9%)

MILAN – J.M Smucker reported Thursday better-than-expected 4Q results. The company behind Folgers Coffee and Jif peanut butter posted fourth-quarter fiscal 2024 adjusted earnings...

Toast data report coffee and tea trends in the U.S.

BOSTON, USA – Toast, the all-in-one digital platform built for restaurants, today announced its Q1 2024 Restaurant Trends Report, providing insight into the overall...

Robusta coffee futures reach their highest levels since late April, USDA gain Report sees Vietnam’s production stable at 29 million bags in CY 2024/25

MILAN – The Bull Run in the coffee markets continues: July ICE Robusta contract in London gained an additional $93 on Thursday, 30 May,...

Nestlé reports 1Q sales of CHF 22.1B (-5,9%) below consensus, Nespresso’s sales at CHF 1.5 B, down by 4.1% year-on-year

VEVEY, Switzerland — Food giant Nestlé reported a decline in sales in the first quarter of 2024,  as the company hiked prices, consumer demand...

Coffee futures markets start the week on a high note: Ice Robusta breaks the $4,000 mark,  NY  posts  new  gains

MILAN – Coffee futures markets once again skyrocketed in yesterday’s sessions. London broke through the $4,000 mark, while New York posted its fifth consecutive...

Next Bio invests in Hiperbaric High-Pressure Processing technology to ramp up cold brew production

MIAMI, USA – Next Bio, South Korea's top producer of cold brew coffee, has made a major investment in Hiperbaric's High Pressure Processing (HPP)...

Robusta futures prices soar to new all-time highs in London

MILAN – Crop concerns for the 2024/25 harvest season in Brazil and Vietnam continue to fuel the upward trend in the coffee futures markets,...

Cecafé: Brazil’s coffee exports reached a record level of 4.3 million bags in March, up 38%

MILAN – Brazil 's exports set another record in March: according to data released by Cecafé late yesterday afternoon (April 9th), Brazil exported 4,292,518...

Miko achieves record Ebitda of €30 million

TURNHOUT, Belgium – Despite a difficult year, Miko - the Euronext Brussels listed coffee service specialist - achieved a record EBITDA of over 30...

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