Coffee: latest news, insights and analysis | ESM Magazine

Nestlé Appoints New DACH Coffee Boss

Food giant Nestlé has announced the appointment of Sarah Huber as the leader of the group's coffee business for Germany, Austria, and Switzerland (D...

Buyer's Brief: What's Driving High Coffee Prices?

Coffee prices are likely to be high for the remainder of the calendar year, with a lack of moisture in Brazil hinting at even longer-term problems, as Nick...

Coffee Giant JDE Peet's Sees H1 Sales Up, Driven By Pricing

Coffee giant JDE Peet's has reported a 15.7% increase in organic sales in the first half of its financial year, with pricing up 15.9% in the period and vol...

Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp has beaten quarterly profit estimates as higher prices and strong demand for its coffees in the United States helped offset a hit to busines...

Coffee Prices Seen Falling Ahead Of Bumper Brazil Crop

Arabica coffee prices are forecast to end this year well below current levels and post an annual loss of 20% with the prospect of a larger Brazil crop next...

Nestlé Opens Nescafé Factory In Mexico

Nestlé has invested $340 million in a new Nescafé coffee factory in Veracruz, Mexico, creating 1,200 new jobs in the region.

USDA Sees Brazil Coffee Crop, Exports Up In 2022/23

The United States Department of Agriculture (USDA) expects an 11% production increase for the 2022/23 (July-June) coffee crop in Brazil, the world's top gr...

Starbucks' Schultz To Remain Interim CEO Until March 2023

Starbucks Corp has said that Howard Schultz will remain the coffee chain's interim chief executive officer until the end of March 2023, as it looks for a p...