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Breaking: Starbucks Announces Exit from Russian Market
According to comprehensive media reports, on the 23rd local time, American Starbucks Corporation announced its withdrawal from the Russian market. In an open letter to employees on the same day, Starbucks stated the decision to close its 130 stores in Russia, and its brand will no longer be retained in the Russian market. However, Starbucks stated that it will provide support to its nearly 200
2022-05-24 starbucks russia market exit business withdrawal coffee chain international business -
Sumida River Coffee Announces Global Brand Ambassador Sumida River Coffee Collaborates with Xiao Zhan
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). Recently, Sumida River Coffee posted posters like the one below in major cities. In the posters, the person's face was intentionally obscured by the Sumida River Coffee brand, aiming to build anticipation for the announcement of a global brand ambassador on June 22nd. Sumida River Coffee's official Weibo account posted yesterday, June
2021-06-23 Sumida River Coffee announces global brand ambassador Xiao Zhan collaboration cooperation -
ChaYanYueSe, Once "Cursed" to Never Leave Changsha, Officially Announces Expansion to Jiangsu-Zhejiang-Shanghai Region!
ChaYanYueSe, once criticized by industry analysts as being unable to expand beyond Changsha, has made significant moves in recent months! In April, they announced opening stores in Chongqing, and in June, they announced opening stores in Nanjing! Last December, multiple internal employees of ChaYanYueSe revealed online that the company's employees' monthly take-home pay was less than 3,000 yuan
2022-06-17 ChaYanYueSe tea brand expansion Changsha Jiangsu Zhejiang Shanghai regional growth -
Luckin Coffee Fraud Scandal Follow-up: Luckin Coffee Announces Completion of Financing Milestone with Bright Future Prospects
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). According to Zhitong Finance APP, on June 15th, Luckin Coffee (OTC: LKNCY) announced that it has completed a financing milestone based on the restructuring support agreement (RSA) signed with holders of the company's $460 million convertible preferred bonds due in 2025.
2021-06-17 Luckin Coffee Fraud Scandal Follow-up Announces Completion Financing Milestone Development -
Starbucks CEO Announces Retirement! Howard Schultz Returns as CEO
Many people familiar with Starbucks have likely heard of Howard Schultz. This veteran, who had already stepped back from the spotlight, announced his return yesterday. Starting April 4, 2022, he will temporarily take over as CEO until a new successor is selected.
2022-03-17 Starbucks Howard Schultz CEO Leadership Change Executive Transition -
Light and Night Suddenly Announces Cancellation of Collaboration with Hushang Ayi!
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more premium coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. Yesterday, the latest collaboration news about Hushang Ayi was causing quite a stir. Earlier, Hushang...
2022-12-19 Light and Night Hushang Ayi collaboration cancellation gaming news brand partnership -
Japanese Domestic Coffee Beans Announce Pre-sale! As for the Price... At Least They're Not Sold by the Bean!
What?! Since when did Japan become a coffee producing region??? To understand this, we need to go back to last month when Yamako Farm in Okayama City, Japan, announced that their coffee trees not only survived! They also bloomed, bore fruit, and the coffee cherries are currently in the ripening stage. The farm负责人表示咖啡果实
2022-02-28 Japanese coffee beans coffee cultivation Japan coffee production coffee farm announcement -
Coffee Shops Alert! OATLY Recalls 12 Batches of Oat Milk from Chinese Market!
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. Yesterday OATLY issued a preventive recall notice on their official WeChat account regarding Oat
2022-08-20 OATLY oat milk recall Chinese market coffee shops preventive recall -
Russian Starbucks For Sale! To Be Renamed Next Month!
Following Starbucks' announcement on March 8th to suspend operations in Russia and its sudden declaration on May 24th to exit the Russian market, the brand's 130 stores in the country have remained idle for several months, untouched and unattended. Until July 9th, local media revealed that the renowned Russian catering company Pinskiy&co would
2022-07-31 Starbucks Russia sale brand exit Pinskiy&co -
After HeyTea Announced No Price Increases, Multiple Stores Experience Long Queues and Overwhelming Orders...???
Bubble tea, the "happy tea" for office workers, can brighten up an entire day with just one cup. However, since the pandemic, rising costs have prompted some tea beverage brands to increase prices, leaving working consumers with no choice but to complain and accept the reality. And yet these struggling workers still managed to...
2022-04-27 bubble tea HeyTea price increase consumer reaction tea beverage industry -
HEYTEA Official Went Bald in Search of Collaborations?!
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add our private WeChat: FrontStreet Coffee, WeChat ID: qjcoffeex. Recently, HEYTEA officially announced collaborations with fans, launching the first "A-Xi Full-Body Portrait Collection Contest."
2022-10-21 HEYTEA collaboration fan contest A-Xi full-body portrait collection coffee knowledge coffee beans coffee workshop -
While ChaYanYueSe, Luckin Coffee, and Tims Coffee Are Caught in a "Price Hike Trend", Heytea Is Actually Cutting Prices!
The food and beverage consumption sector has recently experienced a "price hike trend." Starting last December, Luckin Coffee quietly increased the prices of its delivery coffee by 2-3 yuan without any public announcement. By January this year, ChaYanYueSe announced that some of its tea drinks would increase by 1-2 yuan, while XiangPiaoPiao also issued a notice regarding price increases for some of its products.
2022-01-10 price increases coffee tea food and beverage industry ChaYanYueSe Luckin Coffee Tims Coffee Heytea -
Postal Service Cafe Promotion Fiasco? Which China Post Coffee is the Authentic One? The First "Post Office Cafe" Sparks Controversy!
Just days ago, China Post's official WeChat and Weibo accounts announced the opening of a Post Office Cafe in Xiamen's International Trade Tower, emphasizing it as the very first of its kind. The announcement was widely promoted across major media outlets. However, some users claimed that similar Post Office Cafes had already opened before this announcement, and related business operators disagree with this claim.
2022-02-20 China Post Coffee Post Office Cafe postal service coffee shop coffee controversy Xiamen International Trade Tower -
Luckin Coffee Trading Halted - Is Luckin Coffee Trading Halted - Luckin Coffee Announces Suspension and Lawsuit
Professional coffee knowledge exchange More coffee bean information Please follow Coffee Workshop (WeChat public account cafe_style) FrontStreet Coffee - Luckin Coffee Trading Halted The coffee industry has been quite turbulent recently, with a globally escalating event - Luckin Coffee's fabrication of 2.2 billion yuan in transactions. What makes this matter particularly noteworthy is that Luckin Coffee self-reported this issue. As a publicly traded company, such a serious fraud incident exposed
2020-04-07 Luckin coffee trading halt announcement lawsuit professional knowledge exchange more -
Nestlé Announces! Bans Marketing High-Sugar Products to Children Under 16
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex. As consumers' daily coffee consumption becomes essential, healthy, and their perspectives evolve...
2022-12-02 Nestlé marketing ban high-sugar products children under 16 consumer health coffee consumption -
How are Starbucks benefits? Starbucks CEO Howard officially announces company reinvention plan!
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat: qjcoffeex. On September 13th local time, Starbucks interim CEO Howard officially announced the company's reinvention plan at the investor briefing.
2022-09-16 Starbucks Howard Schultz CEO company reinvention plan investor briefing coffee benefits -
JoJo's Bizarre Adventure! Luckin Coffee Has Actually Collaborated with It!!
For more professional coffee knowledge and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffeex9. On September 23rd, Luckin Coffee officially announced that it will collaborate with "JoJo's Bizarre Adventure: Stone Ocean" in
2022-09-24 jojo's bizarre adventure luckin coffee collaboration anime stone ocean coffee brand limited edition -
Indonesia 2021 First Cup of Excellence Competition Results Announced
Originally, representative Indonesian coffees included Mandheling, Kopi Luwak, and Java coffee. These coffees were characterized by strong, heavy bitter notes. In 2021, Indonesia held its first Cup of Excellence (COE) competition. The Cup of Excellence is the most prestigious coffee auction, aimed at selecting the best annual entries from participating producers.
2022-01-28 Indonesia Cup of Excellence Coffee Competition Coffee Auction Specialty Coffee -
Luckin Coffee Opens Second Roasting Factory! And Announces Global Expansion Plans!
Everyone has witnessed Luckin Coffee's successful recovery and rapid development in recent years. It must be said that Luckin's marketing team has exceptional vision, not only capturing consumers' demand for innovative flavors by launching the Raw Coconut Latte, which ignited the entire beverage industry, but also deeply embedding the Luckin brand in consumers' hearts.
2022-06-03 Luckin Coffee roasting factory global expansion coffee industry business growth -
Luckin Coffee Reopens Franchise Opportunities! Initial Investment Starts at 350,000 RMB!!
For professional coffee knowledge exchange and more coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee's private WeChat account: qjcoffee. Recently, Luckin Coffee officially announced the launch of a new recruitment plan for new retail partners. According to the introduction, this is an excellent business opportunity for entrepreneurs looking to enter the specialty coffee market.
2022-12-11 Luckin Coffee franchise investment coffee shop retail partnership business opportunity