Probat Inc, the Probat Group of companies in the United States, has announced Ellen Nielsen as its new General Manager. Former President John Fortin is leaving the company in order to take on new professional challenges. Read more
ICO Coffee Public-Private Task Force Communiqué pursues economic sustainability for an inclusive and resilient coffee sector
The International Coffee Council, at its 128th Special Session held on 28 October 2020, has confirmed and endorsed, with leading coffee CEOs and global leaders, a vision and road map setting out new commitments towards achieving a prosperous, sustainable and inclusive coffee sector. Read more
Starbucks revenue down 11% year-on-year due to COVID-19
Starbucks has reported consolidated net revenues of US$23.5 billion for its 2020 fiscal year, ended 27 September 2020. This is a decline of 11.3 per cent from the prior year primarily due to lost sales related to the COVID-19 outbreak. Read more
Bluestone Lane recruits industry veterans to its Board of Directors
Australian-inspired American café brand Bluestone Lane has announced three additions to its board of directors to help fuel store expansion, digitisation and e-commerce. Read more
Löfbergs partners with Waynes coffee chain
From spring of 2021 in Sweden, Löfbergs will be the exclusive coffee supplier to all Waynes coffee shops around the world. Read more
Nairobi Coffee Exchange resumes auction with Kosmos
Due to the coronavirus crisis, the Nairobi Coffee Exchange (NCE) was forced to close its physical auction room. As the auction could not fall back on a remote buying system, the sale of coffee became problematic. That is why business automation specialist speciality Aucxis says the NCE’s decision to apply its Kosmos real-time auction system in the cloud, was only accelerated. Read more
Rancilio and Moffat Group establish Rancilio Group Australasia
The Rancilio and Moffat Groups have announced a combined strategic partnership, establishing Rancilio Group Australasia, effective now. Read more
Dunkin’ Brands enters talks for US$9B acquisition
Dunkin’ Brands Group, the parent company of Dunkin’ and Baskin-Robbins, has held entered preliminary discussions to be acquired by Inspire Brands. Read more
Healthy Living Market announces partnership with Bellwether Coffee
Bellwether Coffee has announced a new partnership with Vermont-based natural and organic supermarket Healthy Living Market. Read more
Probat introduces the next generation of its advisory board
Probat has announced coffee industry expert Nils Erichsen as the new chairman of its advisory board, following the sudden death of longtime chairman Dr. Gerd Müller-Brockhausen in June, 2020. Dr. Müller-Brockhausen’s son Michael Müller-Brockhausen has taken over his seat on the advisory board. Read more