Coffee Report
Nespresso to Revive Origins
The Swiss company has launched a new program, “Reviving Origins,” to restore coffee farming in regions of the world that have faced political conflicts, economic hardships or environmental challenges. Read more
New Kind of Revolving Credit
Mercon Coffee Group has established a $450 million sustainability-linked revolving line of credit with Rabobank, a first in commodity trading in the US. Pricing is linked to key coffee-only sustainability initiatives measured by performance indicator Read more
Shakeup at Farmer Brothers
Farmers Brothers shook up its leadership in early May when it cut ties with c.e.o. Michael Keown and named Christopher P. Mottern as its interim head effective immediately. Read more
Brazilian Farmers Boycott Sales, Government Reacts
The Brazilian government is reconsidering how it sets its minimum coffee price guarantees following farmer criticism and boycotts. Read more
Starbucks' dominance deepens in Korea
Starbucks is solidifying its leading position in Korea's coffee industry, market analysts recently told the Korea Times. Read more
Luckin Coffee Files for IPO
Luckin Coffee Inc., the startup attempting to unseat Starbucks as the leading retail coffee chain in China, has filed for an initial public offering in the United States. The Bejing-based company seeks to raise $300 million in the IPO. Read more
Caffeine Could Boost Exercise Performance
New research analysis highlights what many athletes have believed for years. Taking caffeine before exercise may improve performance. Read more
Indonesian Coffee Company Expands in the Philippines
Mayora Indah Tbk invests $80 million to construct a manufacturing and processing facility for its Kopiko coffee brand. Read more
Brazilian Coffee Exporter Seeks Files Bankruptcy Protection
Terra Forte hopes to restructure more than $288 million in debt and find another $15 million in investment capital. Read more
Strawless Lids Reduce Plastic
Starbucks introduced a recyclable and compostable plastic lid that will replace straws for cold drink offerings. Read more
Tim Hortons Loyalty Program
Canada’s largest coffee chain introduced a digital rewards program with a mobile app and reusable swipe card. Read more
SCA Sustainability Award Winners
The awards for project and business model recognize outstanding work in the field of sustainability. There is a third award recognizing the work and impact of an individual, called the sustainability champion award. Read more
Burger King Launches Coffee Subscription
Coffee drinkers at Burger King fast-food restaurants in the United States can get a hot cup of coffee at any time for only $5 a month with the company’s new subscription service. Read more
Ging Promoted at S&D Coffee & Tea
Tracy Ging is the new executive vice president and chief business officer for S&D Coffee & Tea. Read more
Roaster Expands North
Viennese coffee roaster Julius Meinl is expanding its position in the United Kingdom with the acquisition of coffee distributor Aroma & Gusto. Read more
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