Monday 22 December 2025
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Europe

After Moscow, Cofix Group plans expansion to 10 European countries

TEL AVIV, Israel - After having opened six cafes in Moscow, the Cofix Group, the Israeli cut-rate cafe chain, has now unveiled plans for expansion into 10 other European countries by 2021. To position itself for its overseas expansion, the company has linked up with a group of investors and set up ...

The big question: Will Italian consumers accept Starbucks in Milan?

MILAN – Italian consumers value their café culture. A recent report states that Italians drink approximately 600 cups of coffee a year and their consumption will continue to increase. Italy appears to be the perfect market for Starbucks to enter. Italians consume 4.6% of the world’s supply of coffee.

Growth in coffee spending set to outpace consumption in North America

MILAN – According to the Statista Consumer Market Outlook, 2016, growth in North American and European coffee spending is set to outpace any increase in consumption over the next few years. The CAGR (compound annual growth rate) of spending from 2015 to 2020 is forecast see positive growth of three percent ...

It’s official: Starbucks’ iconic Reserve Roastery is coming to Milan in 2018

MILAN, Italy – Today, Starbucks Coffee Company announced its newest Roastery location on Piazza Cordusio (PICTURE) in Milan with a dramatic unveiling of the building prior to its remodel.

European coffee shop market poised for cautious growth

Estimated at 21,198 outlets, the European branded coffee shop market (25 countries) saw a growth of 6.4%, vs. 9% a year earlier, adding 1,268...

Global coffee community fuels up for World of Coffee 2017

Thousands of people from more than 100 countries will converge on Budapest, the City of Light, next June 13-15 for World of Coffee, Europe’s...

Prominence of café culture to boost the global instant coffee market through 2020, says Technavio

LONDON, UK - The global instant coffee market is expected to grow at a CAGR of close to 6% by value, during the period...

IVS Group S.A announces acquisition of Italian regional player Prod & Pan

GRAND DUCHY OF LUXEMBOURG - IVS Group S.A. informs that its subsidiary IVS Italia S.p.A. has acquired the vending business of Prod & Pan...

Olam International acquires East African coffee specialist Schluter

SINGAPORE – Olam International Limited (“Olam’’), a leading agribusiness operating across the value chain in 70 countries announced today that it has acquired 100.0% interest in East African coffee specialist...

Nestlé announces changes in the Executive Board

Luis Cantarell, Executive Vice President and Head of Zone EMENA, will take a well-deserved retirement on 31 December 2016 after a long and distinguished career of 40 years in the Group. Since joining the Nestlé Executive Board in 2003 ...

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