News
Starbucks Turns to Chipotle CEO Brian Niccol for Salvation
Starbucks shares spiked 24% after announcing that Brian Niccol is replacing Laxman Narasimhan as CEO, effective September 9. Read more
Investors Wary of Bubble Tea Bubble
Market researchers forecast continued expansion of the global bubble tea market, but wary investors caution that the bubble may burst. Read more
Resolute Bangladesh Quenches Domestic Demand for Tea
Anxious tea traders in Bangladesh have signaled a return to normal after weeks of deadly protests. Read more
30-Year Coffee Export High for Uganda
Uganda’s coffee export volumes have reached 6.13 million 60-kg bags, the highest in 30 years, according to the Uganda Coffee Development Authority (UCDA). Read more
Kenya Tea Bonus Crisis
Kenya’s small tea growers rejoiced two years ago after receiving record green-leaf bonuses averaging KSh 50.18 per kilo, a sharp increase... Read more
China and Vietnam Tea Exports Rebound in 2024
Chinese and Vietnamese tea exports rebounded in the first half of 2024 as pandemic restrictions faded and trade with the Belt and Road countries expanded. Read more
Record-Breaking Best of Panama Auction Lot Sells for $10,013/kg
The Best of Panama auction broke all previously held auction records last Thursday, August 8, when the top two lots exceeded winning bids of $10,000/kg. Read more
Brazilian Coffee Frost Causes Price Surge
Light frosts impacted several coffee-growing areas in Brazil over the weekend, raising concerns among producers and traders. Read more
Sri Lanka Government Realigns Tea Policy
President Ranil Wickremesinghe announced several policy and strategic changes for the Sri Lankan tea industry in remarks during the opening session... Read more
Specialty Coffee Revitalizes the Hotel Industry
Today’s travelers are increasingly discerning. Thread count and designer decor aren’t enough to attract new guests. Modern consumers crave unique experiences... Read more
Kenya Appeals Hearing Could Halt Sale of Lipton and James Finlay Tea Estates
Kenya Chief Justice Martha Koome will seat a three-judge bench to hear and determine an appeal seeking to stop the sale of Lipton and James Finlay Tea... Read more
Politics and Profit: El Salvador President Launches Luxury Consumer Coffee Brand
Personality and fame have always intertwined with coffee—particularly in the sales and marketing aspects—and nowhere more than in the recent “Bean of Fire”... Read more
Chapter 11 Bankruptcy Filings Increase for US Coffeehouses
The coffee industry in the United States is facing significant financial challenges, with several companies filing for Chapter 11 bankruptcy protection in recent... Read more
Lipton Ad Campaign Promotes Office Tea Breaks
Actress and producer Lindsay Lohan appears in a new television commercial and social media campaign urging tea drinkers to take a break at work. Read more
From Trash to Treasure: Converting Coffee Waste into Pectin
One cup of coffee generates a surprising amount of waste. It takes 7.5 kg of fresh coffee cherries to create 1 kg of roasted coffee beans. Read more
More News and Features
News Tips (ICYMI)
The World’s Coffee Mostly Comes From Two Countries: That’s a Problem | Bloomberg
Humanoid AI Robot "Adam" Serves Tea at Walmart | IT World Today
Tim’s China Continues to ‘Prune’ Underperforming Stores | World Coffee Portal
The Reasons Behind the Brazilian Tea Sector's Steady Growth | World Tea News
2023/2024 Packaging Innovation Awards | PIA
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