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17. April 2024
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Tag: coffee

Retail Asia29/03/2024
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Food

Coffee prices soar to record high as supply shrinks

3min0
Coffee prices surged 11.3% to a historic high of VND98,100 (US$3.95) per kilogram on Wednesday as inventories dwindle and production is forecast to decline. The price represented a 110% increase from a year ago. On online coffee business forums, many farmers and traders have expressed surprise at the unprecedented prices, which were around VND70,800 at […]
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Retail Asia06/03/2024
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Food

Coach opens first cafe and fine-dining experience in Indonesia

1min0
Coach is expanding into the food and beverage business by launching its first concept dining experience in Jakarta, Indonesia. The destination comprises The Coach Restaurant and Coach Coffee Shop at Grand Indonesia Mall. The Coach Restaurant, designed by Coach creative director Stuart Vevers and William Sofield of Studio Sofield, serves traditional New York steakhouse cuisine. […]
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Retail Asia01/03/2024
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Food

Indonesian coffee chain Tomoro Coffee expands into Singapore

1min0
Tomoro Coffee has opened its first location in Singapore as part of its ambition to become Southeast Asia’s largest coffee chain. The location is inside the Hon Sui Sen Memorial Library at NUS Business School, aiming to convey the brand’s dedication to quality and affordability. “In today’s coffee culture, we’ve noticed a growing trend where […]
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Retail Asia14/02/2024
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Food

China’s Cotti Coffee launches in Australia

1min0
Chinese coffee chain Cotti Coffee has made its Australian debut with a takeaway outlet in Sydney. The store, located in the Cabramatta neighbourhood, offers a wide range of beverage selections including rice milk, coconut, and grapefruit-infused coffee. Cotti Coffee, founded in October 2022 by former Luckin Coffee executives Charles Lu and Jenny Qian, currently has […]
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Retail Asia12/02/2024
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Food

Vietnam’s coffee export value doubles in January

2min0
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning $623 million, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development. In the last days of the Year of the Cat, the average coffee price in the Central Highland provinces continued to increase compared to the […]
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Retail Asia08/12/2023
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Food

Miracle Coffee opens flagship store in Singapore

1min0
Miracle Coffee has launched its flagship store in Singapore, succeeding the brand’s pop-up kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands, which opened in September last year. The flagship location, created by Singapore firm Parable Studio, includes The Miracle Lab as a sharing platform to promote coffee and innovation conversations. Miracle Coffee, founded in […]
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Retail Asia06/12/2023
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Food

Coffee exports hoped to set new record

2min0
Vietnam’s coffee exports in 2023 are expected to break the record of US$4 billion in export value set in the previous year. According to the Ministry of Agriculture and Rural Development, the country shipped 1.36 million tonnes of coffee abroad, earning nearly $3.5 billion. Vietnam entered the new 2023-2024 coffee crop which began in October, […]
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Retail Asia28/11/2023
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Food

Tomoro Coffee debuts in China, eyes SE Asian growth

1min0
Indonesia cafe chain Tomoro Coffee has entered the Chinese market, opening in Shanghai’s Qingpu E Link World Industrial Park. And the retailer says it is now targeting expansion in Southeast Asia. Tomoro Coffee opened its first store in Indonesia in August last year and has since expanded to 200 stores nationwide. The Jakarta-based coffee shop […]
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Retail Asia20/11/2023
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Food

Cotti Coffee opens first location in Hong Kong

1min0
After expanding its presence in Southeast Asia, Chinese coffee chain Cotti Coffee has launched its first location in Hong Kong, with the first store in Indonesia in August. The Sheung Wan Mass Transit Railway (MTR) station location joins Cotti Coffee’s portfolio of more than 6200 stores worldwide, encompassing key cities in countries including Canada, Japan, South […]
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Retail Asia06/11/2023
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Food

Starbucks launches plan to cut $3 billion in costs over three years

3min0
Starbucks Coffee Company has announced Triple Shot Reinvention with Two Pumps – a long-term growth plan for brand elevation, global expansion, and cost efficiency. The company described the strategy as the “next step in the re-founding of the company” to deliver significant value to partners, customers and shareholders. The plan includes three priorities – elevating the brand, […]
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Retail Asia16/10/2023
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Food

Flash Coffee ceases operations in Singapore

3min0
Flash Coffee has shut its Singapore operations to focus on other markets, the company told CNA on Friday (Oct 13) in response to queries about its business here. The Singapore-based coffee chain had 11 outlets in Singapore, including one at Jurong Point where a sign on Thursday said employees were “on strike” over late salary […]
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Retail Asia28/09/2023
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Food

Indonesian cafe chain Kenangan Coffee enters Singapore

2min0
F&B unicorn Kopi Kenangan, known as Kenangan Coffee outside Indonesia, has expanded its footprint into Singapore, opening its first store at Raffles City Shopping Centre. The Singapore expansion follows Kenangan Coffee’s international debut last year in Malaysia, where it currently has more than 20 stores. “The profound love that Singaporeans have for coffee, from kopitiams to contemporary […]
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Retail Asia21/09/2023
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Food

Coffee prices on the boil in Vietnam

2min0
Robusta coffee prices have risen to a record VND68,000 ($2.79) per kilogram, up 76% since the beginning of this year. Prices have also been rising globally. On Monday rose by $10-39 per ton to $2,551-2,566 in London. The prices of Arabica, another coffee variety, rose in New York by 0.45-0.95 cents per pound to $158-162. […]
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Retail Asia20/09/2023
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Food

Starbucks opens 100th store in Vietnam

2min0
Starbucks Vietnam celebrated its 10-year journey in the country with the grand opening of the 100th store in Lotte Mall West Lake in Hanoi on Saturday. Located in a new entertainment and shopping complex in Hanoi, the 100th store is designed to pay homage to the beautiful natural environment through a selected blue accent colour […]
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Retail Asia15/09/2023
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Food

Blue Bottle Coffee opens kiosk popup in Hong Kong

3min0
Coffee brand Blue Bottle Coffee has launched a new pop-up café at Hong Kong International Airport (HKIA) to connect travellers with unique coffee-to-go experience amidst their travels. This comes as the brand saw Hong Kong International Airport as a bustling hub for travellers from around the world. By setting up the kiosk at the airport, […]
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Retail Asia14/09/2023
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Food

Gentle Monster’s cafe brand expands in South Korea

6min0
Luxury companies are becoming serious about the restaurant business here as a way to maintain their posh image and continue to attract attention from young, trend-savvy consumers, according to industry officials, Tuesday. Italian high-end luxury fashion house Gucci has opened Gucci Osteria restaurant in Itaewon, Seoul, where it serves dishes cooked by a Michelin three-star […]
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Retail Asia08/09/2023
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Food

Nespresso unveils limited-edition Pumpkin Spice Cake flavour

1min0
Nespresso New Zealand has launched a seasonal limited-edition Pumpkin Spice Cake flavour for both Original and Vertuo machines. This limited-edition coffee boasts warm spice notes such as cloves, cinnamon, and cardamom. It is made from an Arabica blend of Latin American and African coffees and combines a sweet pumpkin flavour. With milk, the spice notes […]
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