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 ...
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.
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 ...
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.
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...
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 ...