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UNITED ARAB EMIRATES – Coffee shop market set for remarkable growth, says research

UAE, Abu Dhabi – The UAE’s coffee consumption market is set for remarkable growth and will be worth US$112 million by 2017, according to...

INDIA – Tata Global Beverages announces steady growth in revenues and an increase in Group Net Profits for FY 2013-14

KOLKATA – Tata Global Beverages Ltd. announced yesterday its results for the year ended 31st March 2014. The Company reported steady growth in revenues...

ISRAEL – Strauss Group posts 4.8% organic growth in first quarter

PETAH TIKVA – Strauss Group posts 4.8% organic growth in first quarter of 2014 excluding the FX effect, thanks to the operations of Strauss...

GLOBAL NEWS – Starbucks advances Latin America expansion

SEATTLE, US – Starbucks Coffee Company has announced it is continuing to broaden the company’s presence in Latin America, sharing new store plans for...

COLOMBIA – Coffee production increased 32% in the past twelve months, says FNC

BOGOTA – The positive results of the Colombian Coffee Grower Federation´s (FNC) crop renovation initiative and improved weather conditions led Colombia, the world´s number...

VENEZUELA – Regulator sets new fair prices for chicken, sugar, rice & coffee

CARACAS – Venezuela’s Price Regulator has declared new "fair" prices for various foods. As reported on the Regulator’s website: A kilogram of sugar...

US – Marley Coffee receives strategic financing for long-term growth from Mother Parkers Tea & Coffee

DENVER – Jammin Java Corp., d/b/a Marley Coffee has entered into a strategic investment transaction with Mother Parkers Tea & Coffee, Inc., for a...

GLOBAL NEWS – Starbucks reports strong quarterly profit and reaffirms FY14 growth targets

SEATTLE, US – Starbucks Corp. reported reported a stronger quarterly profit Thursday. Global same-store sales grew 6%, versus the 5.4% estimate from analysts polled...

US – Restaurant sales off for the largest chains, finds Technomic

CHICAGO – The 500 largest U.S. restaurant chains registered a 3.5 percent annual sales increase in 2013, a significant decline from 4.9 percent the...

GLOBAL NEWS – Whitbread reports double digit sales growth

LONDON – Whitbread PLC reported last week its trading performance for the 50 weeks to 13th February 2014. Sales update (% change vs. prior year):...

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