Caffe Bene

Retail Asia24/10/2018

South Korea’s once burgeoning franchised coffee shop market has reached saturation point – and the fallout has become extreme. According to a report, one in 10 South Korea coffee shops closed their doors last year – the equivalent of more than 1000 stores. Lee Kyung-hee of the Korea Business Strategy Institute described the situation as […]

Retail Asia16/01/2018

Korean coffee chain Caffe Bene has collapsed, filing for a court-led restructuring scheme on Friday. Yonhap news service reports the court will soon decide whether to put the ailing coffee chain under its receivership or commence liquidation. The legal move follows a protracted slump and mounting losses, the company said. In 2016, the company lost […]

Retail Asia02/05/2016

In fashionable retail and commercial districts of southern Seoul, nearly one in every two buildings boasts a coffee shop – evidence of a boom that has delivered dizzying growth for the likes of Starbucks and local chains. But now the market is getting even more crowded, as convenience stores such as 7-Eleven offer 1,000 […]

Retail Asia19/04/2016

Major franchised Korean coffee chains saw their revenue fall in 2015 in the face of tougher competition with cheap take-out coffee amid economic slowdown, heading to another tough year, data shows. Homegrown coffee brands have sprung up in Asia’s fourth-largest economy over the past decade to capitalise on the growing population of coffee drinkers, but […]

Retail Asia16/03/2016

Days after being launched, Singapore’s Hallyu Ventures (HVPL) has spent US$13.8 million to take a 38 per cent shareholding in South Korean coffee chain Caffe Bene, which has outlets in 14 countries. HVPL is a joint venture between Future Investment Holdings (FIHPL), a wholly owned subsidiary of Food Empire Holdings, and Sweet Blossom Holdings (SBHL), a […]

Retail Asia13/10/2015

Korean coffee chain Caffe Bene has opened its first franchised store in Vietnam. Caffe Bene Vietnam’s third store – its first franchised outlet – is located in the recently opened SSC VivoCity shopping centre in Ho Chi Minh City’s District 7, a popular expat residential area. While coffee is at its core, Caffe Bene has […]

Retail Asia28/07/2015

Caffe Bene, a South Korean coffee franchise, is accelerating its marketing in Southeast Asia. The company has opened its fourth branch in the Aeon Mall in Tangerang City, the company said on July 15. The city is near Jakarta, the capital of Indonesia, the country that produces the largest amount of coffee in Asia. Caffe […]

Retail Asia17/03/2015

Korean-based coffee shop franchise Caffe Bene has named famous Korean actor Kim Soo-Hyun as its global face for the next year. Korean film and television drama has massive following throughout China and southeast Asia making Kim Soo-Hyun a recognised personality throughout the region. Caffe Bene will use the actor’s image in TV commercials, print advertisements […]

Tag: Caffe Bene

Coffee shop in South Korea start closing down

Korea’s Caffe Bene sees the end

Coffee wars: South Korea’s cafe boom nears saturation point

Price war scratches Korean espresso chains

Singaporeans invest in Caffe Bene

Caffe Bene Vietnam starts franchising

Caffe Bene Opens 4th Indonesian Branch in Aeon Mall in Tangerang

Kim Soo-Hyun: Caffe Bene’s new face