Don't Miss:
10. May 2024
ABOUTADVERTISE CONTACT
   

Tag: tea

Retail Asia10/01/2022
Starbucks_Reserve_SODO_5.jpg
Food

$4 Starbucks coffee has become a daily staple

3min0
While the franchise’s 2021 financial results took a hit because of the Covid-19 pandemic, a tangible gain has been the Starbucks VND90,000 ($4)coffee becoming a daily staple in Vietnam. Starbucks Vietnam general manager Patricia Marques said that despite the impacts of the nine-week social distancing orders in 2021, the global coffee brand has built up […]
CONTINUE READING
Retail Asia22/11/2021
tea-exports-1024x666.png
Food

Unilever sells 34 tea brands

2min0
Unilever has sold its global tea business – including T2 – to private equity company CVC Capital Partners, for €4.5 billion ($A7 billion) The business, called Ekaterra, owns 34 brands including Lipton, PG tips, Pukka, T2 and Tazo and turned over €2 billion ($A3.1 billion) last year. The company has 11 production factories on four […]
CONTINUE READING
Retail Asia09/11/2021
o-JOLLIBEE-facebook-1024x620.jpg
Food

Jollibee takes stake in Milkshop

2min0
Jollibee Foods Corp has acquired a majority stake of Milkshop International, operator of Taiwanese milk tea chain Milksha, through its subsidiary Jollibee Worldwide. The acquisition deal, equivalent to 51 per cent ownership, is valued at approximately US$12.8 million. Meanwhile, one of the co-founders of Milkshop will retain the remaining 49 per cent. “This gives JFC […]
CONTINUE READING
Retail Asia27/07/2021
coffee2.jpg
Food

Coffee prices surge to seven-year high

4min0
Arabica coffee prices rose 10 percent more on Monday, after jumping nearly 20 percent last week, to their highest in nearly seven years as unusual cold weather threatens coffee crops in the world’s largest producer Brazil. Severe frosts last week damaged a large part of fields in the main Brazilian coffee belt and a new […]
CONTINUE READING
Retail Asia02/07/2021
Nerada-Tea-1280x904.jpeg
Food

Nerada Tea releases plastic-free loose-leaf tea box

2min0
Queensland’s Nerada Tea company is marking Plastics Free July with the launch of a cardboard tea package that features no plastic lining or wrapping. The box, made from recycled cardboard, comes with a pour spout that folds out to dispense the loose-leaf tea into a brewing pot. It will sell for RRP$3.30 in supermarkets. Nerada […]
CONTINUE READING
Retail Asia16/06/2021
coffee-1024x768.jpg
Food

Campos picked up by Dutch coffee giant for undisclosed sum

2min0
Australian coffee chain Campos will be acquired by international pureplay JDE Peet for an undisclosed sum, with the transaction expected to be completed next month. Campos serves customers through direct-to-consumer, retail, and its own flagship cafes, as well as being available in over 600 cafes nationwide – channels that complement JDE Peet’s Australian retail operations. […]
CONTINUE READING
Retail Asia25/05/2021
phuc-long.jpg
Food

Masan acquires 20 pct stake in Phuc Long tea chain

2min0
A subsidiary of the Masan Group conglomerate has signed an agreement to acquire a 20 percent stake in tea shop chain Phuc Long Heritage Jsc. Masan’s The Sherpa Company Ltd will pour $15 million into the company, established last week to own the Phuc Long brand, which is among the most popular beverage brands in […]
CONTINUE READING
Retail Asia08/04/2021
Cafe-Decoral-1280x852.jpg
Food

Cafe de Coral Group appoints new managing director

3min0
Café de Coral has promoted Piony Leung to managing director (Hong Kong) with immediate effect.  In her new position, Leung reports to group CEO Peter Lo and manages business operations and provides strategic leadership across Café de Coral Group’s business in the city, including quick-service restaurants, casual dining, and institutional catering. She will also play […]
CONTINUE READING
Retail Asia03/11/2020
starbucks-sign-1280x853.jpg
Food

Starbucks to open its first coffee store in Laos

2min0
Starbucks is to make Laos debut next year with its first store opening in the capital city of Vientiane. Laos will become Starbucks’s 17th market in Asia, with the first store scheduled to open in the third quarter of next year. Starbucks Laos will be managed by Coffee Concepts (Laos) Limited, part of Maxim’s Caterers […]
CONTINUE READING
Retail Asia31/08/2020
TWG-Tea-1280x854.jpg
Food

TWG Tea plans opening 20 online stores this year

2min0
TWG Tea is expanding its digital footprint with more than 20 new online stores scheduled to open this year. TWG Tea’s online stores will be rolled out across Asia Pacific, North America, and Europe on third-party marketplaces, including Amazon, Zalora, and Lazada. The company said more products will be exclusively launched online, including its Autumn […]
CONTINUE READING
Retail Asia28/08/2020
bubble-tea-1024x683.jpg
Food

R&B Tea expanding in the Philippines 

2min0
Singapore-based Koufu Group is taking R&B Tea to the Philippines with Shakey’s Pizza. Under the franchise agreement, Shakey’s will sell selected R&B Tea drinks in Shakey’s and Peri Peri stores in the first year of business, and subsequently open at least five stand-alone R&B Tea outlets in the Philippines. “This marks our second milestone this […]
CONTINUE READING
Retail Asia20/08/2020
Yi-Fang-Fruit-Tea-1280x768.jpeg
Food

Yi Fang Fruit Tea increasing its global expansion pace

1min0
Taiwanese tea brand Yi Fang Fruit Tea is expanding its retail network globally despite the Covid-19 pandemic. The founder of Yi Fang, Ko Tzu-kai, said the brand will open more stores in northern California where consumers are seeking healthier beverage options. More stores will follow later this year in Dubai along with European countries, including […]
CONTINUE READING
Retail Asia22/07/2020
lumine-cafe-jakarta-600x407.jpg
Food

India’s Cafe Coffee Day shuts 280 stores

1min0
Indian coffee chain Cafe Coffee Day shuttered 280 outlets between April and June due to low profitability and potentially rising costs. The firm, which now operates 1480 outlets, has also reported a decline in average daily sales from 15,739 cups to 15,445 cups during the period. This was counterbalanced by an uptick in Coffee Day’s […]
CONTINUE READING
Retail Asia17/07/2020
Wedgwood.jpeg
Food

Wedgwood opens tea-room experience in China

3min0
Vintage ceramics firm Wedgwood has opened a new pilot store at The MixC Luohu mall in Chinese Shenzhen. The Tea Room Experience, which invites customers to try out products according to their own style, represents the first move in Wedgwood’s reimagined brand aesthetic, with the new designs expected to be rolled out globally following the […]
CONTINUE READING
Retail Asia14/07/2020
starbucks-1.jpg
Food

Starbucks India opens first drive-thru store

1min0
Starbucks India has opened its first drive-thru store in Singhpura, Zirakpur. Located in Dhillon Plaza, the store spans two floors, featuring large in-store seating and ceiling-to-floor windows, offering a large dine-in space as well At the drive-thru window, customers can order drinks from the same menu as in-store and pick up from their car. “The […]
CONTINUE READING

Newer Posts

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X