News
Jordan Sanchez
SCA's World Coffee Events Canceled
The COVID-19 pandemic and its effect on international travel restrictions forced World Coffee Events and the Specialty Coffee Association to cancel the 2020 World Coffee Championship events scheduled to take place in Melbourne and Warsaw. Read more
Global Restaurant Report Grim
Restaurant owners globally are assessing retail carnage in the wake of the coronavirus pandemic that will likely claim 2.2 million restaurants in 2020. Read more
ICO Report: Covid’s Impact on Farmers
The economic realities of the ongoing coronavirus pandemic are expected to continue threatening coffee producers’ livelihoods around the world. Read more
Guatemala Quits Coffee Agreement
The Guatemalan government is withdrawing from the International Coffee Agreement, the first country to make the leave since the United States made the same move in 2018. Read more
Unilever to Retain Several Regional Tea Brands
Unilever will retain its tea businesses in India and Indonesia, and its ready-to-drink joint ventures but is proceeding with the sale of Lipton, PG Tips, TAZO, and several other iconic tea brands. The combined properties are valued at $2.3 billion. Read more
Foodservice Coffee and Tea Sales Suffer
Morning meals and snacks suffered the steepest transaction declines during the coronavirus crisis, according to The NPD Group. Read more
Millennials Still Spend on Food
A majority of Millennials reduced their spending during the early months of the pandemic, readily abandoning fashion but not food, according to a survey. Read more
E-Commerce Sales Surge
The most popular product category purchased online during the early stages of the pandemic was food (via grocery) and food delivery or takeaway. Read more
The Department of “Too Good to be True:” Luckin Craps Out On Investors
Luckin Coffee, the so-called “Starbucks of China,” soaked up investor dollars around this world as analysts and the press breathlessly touted the fairytale upward trajectory of this little technology-driven Chinese coffee start-up vs. the behemoth. Read more
Rainforest Alliance Launches New Certification Seal
Beginning on Sep. 1, Rainforest Alliance will offer a new certification seal that can be used on packaging and branding collateral. Read more
The Green Tea Harvest in Japan
There are three main harvesting periods for green tea in Japan, and the name of each batch of tea is based on when it is picked: ichibancha, nibancha, and bancha. Read more
The Antioxidant Potential of Black Tea
Government agencies and tea associations in India and Sri Lanka seized on research that suggests black tea polyphenols derived during the oxidation of tea catechins could potentially inhibit the ability of the coronavirus to replicate. Read more
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