Coffee: latest news, insights and analysis | ESM Magazine

Costa Coffee Names Philippe Schaillee As New CEO

Costa Coffee has announced the appointment of Philippe Schaillee as its new chief executive officer, effective 10 April 2023.

Aldi To Lower Coffee Prices For Own-Brand Products

Aldi Nord and Aldi Süd have announced they will permanently lower prices for whole beans and ground coffee products sold under their own brands.

Arabica Coffee Prices To Drop 12% As Global Surplus Forecast

Arabica coffee prices are forecast to post an annual drop of 12% in 2023, with a large crop in top producer Brazil expected to lead to a global coffee surp...

Starbucks Corp Says Sales Drop In China Impacted Profits

Starbucks' quarterly sales decline in China was four times worse than the coffee chain expected and it has no "line of sight" into when business...

JDE Peet’s Expecting Organic Sales Growth Of 3% To 5% This Year

Coffee and tea giant JDE Peet's has said that it expects organic sales growth for its 2023 full year to come in at the higher end of its medium term range...

Starbucks To Expand US Delivery Via DoorDash Nationwide By March

Starbucks has expanded its U.S. partnership with DoorDash Inc, betting that its customers will still be willing to pay more to have their high-end drinks d...

Brazil's 2023 Coffee Crop To Rise Nearly 8% From Previous Year: Conab

Brazil's 2023 coffee crop is expected to reach 54.94 million 60-kg bags, a 7.9% increase from the previous year, government food and statistics agency Cona...