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Net Revenue of 306 Million! Tims China Reports Significant Growth in First Quarterly Report Since IPO
For more professional coffee knowledge exchanges and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more premium coffee beans, please add FrontStreet Coffee on WeChat: qjcoffeex. Today, the renowned coffee chain brand Tim Hortons China announced its 2022
2022-12-02 Tims China quarterly report net revenue coffee chain IPO financial growth -
Starbucks Releases Latest Financial Report! The Chinese Market Shows Unlimited Potential!
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. On Thursday, local time in the United States, according to the 2022 Q4 results released by chain coffee brand Starbucks
2022-11-05 Starbucks financial report Chinese coffee market coffee industry -
Steady Progress?! Starbucks Reports Increased Revenue and Net Profit in Q2 2023
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. Starbucks is one step closer to its China 2025 strategic vision! On May 3,...
2023-05-06 Starbucks Q2 2023 revenue net profit coffee industry financial report -
Luckin Coffee Performance Fraud Analysis: Why Luckin Coffee Falsified Results
Professional coffee knowledge exchange for more coffee bean information please follow Coffee Workshop (WeChat official account cafe_style) FrontStreet Coffee - Luckin Coffee Fraud Analysis On April 2, Luckin Coffee self-exposed performance fraud, with its NASDAQ stock price plummeting by 76%. At this time, it was less than a year since Luckin listed on the US stock market. According to Luckin's statement, since the second quarter of 2019, the company
2020-04-09 Luckin coffee performance fraud incident analysis why professional knowledge -
Low Wages! Massive Starbucks Strike Breaks Out Across the United States
According to media reports, over 100 Starbucks employees across the United States staged a joint strike at their stores on November 17th. Baristas are attempting to pressure the company to increase wages and improve staffing levels by demonstrating during Starbucks' traditional "Red Cup Day,"
2022-11-18 Starbucks strike low wages labor action Red Cup Day -
Luckin Coffee Q3 Net Profit Exceeds 500 Million, Franchise Expansion Planned by Year-End
For more professional coffee knowledge and 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, Luckin Coffee announced its financial data for the third quarter of 2022, with total quarterly revenue
2022-11-25 Luckin Coffee quarterly earnings net profit franchise expansion coffee business financial performance -
OATLY Lost Nearly $400 Million Last Year: Are Plant-Based Milk Coffees Losing Their Appeal?
Recently, OATLY, the pioneering oat milk brand, released its financial performance report for 2022 and Q4, showing a net loss of nearly $400 million. According to the report, OATLY achieved revenue of $722.2 million in 2022, a 12.3% year-over-year increase compared to 202
2023-03-19 OATLY plant-based milk oat milk coffee industry financial performance vegan beverages -
Luckin Coffee Considers Hong Kong Listing?! Official Response: Continuously Committed to US Stock Market!
On the evening of May 9, South China Morning Post exclusively reported that Luckin Coffee plans to list in Hong Kong. On May 17, 2019, Luckin Coffee was listed on NASDAQ in the United States. On January 31, 2020, Chinese concept stock short-selling agency Muddy Waters Research released a
2022-05-10 Luckin Coffee Hong Kong listing US stock market NASDAQ South China Morning Post -
Can't Handle It?! Starbucks Considers Selling Its Largest European Market
On July 16, according to a report by Britain's The Times, Starbucks is considering selling its UK business due to ongoing competition from chain coffee stores such as Pret A Manger, Tim Hortons, and Costa. The report stated that sources familiar with the matter revealed that Starbucks has...
2022-07-17 Starbucks UK business European market coffee chain competition Pret A Manger Tim Hortons Costa -
Yum Brands Fully Invests in Lavazza Coffee! Stops COFFii&JOY Operations in China
For more professional coffee knowledge exchange and 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 The coffee market competition is becoming increasingly fierce, especially this year's coffee track, which has not yet fully expanded
2022-11-23 Yum Brands Lavazza COFFii&JOY coffee market FrontStreet Coffee -
Poaching Baristas, Snatching Franchisees... Lu Zhengyao Accused of Undermining Luckin Coffee
Recently, Time Finance reported that the "close-quarters battle" between Cotti Coffee, founded by Lu Zhengyao, and Luckin Coffee has become increasingly intense, now spreading to talent competition. The report indicates that some potential merchants originally interested in franchising with Luckin have been attracted by the reputation of the "former Luckin founder" and attractive franchise policies
2023-03-19 Lu Zhengyao Cotti Coffee Luckin Coffee franchise war talent poaching -
Starbucks to Update Member Rewards Program?! More Stars Required to Redeem Coffee
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. Recently, multiple foreign media outlets have reported that Starbucks will update its Starbucks Rewards membership program in the new year.
2022-12-30 Starbucks rewards program membership stars coffee loyalty program -
Luckin Coffee Signs Major Deal! Poised to Become China's Largest Buyer of Bouchard Coffee Beans?!
On December 21, Luckin Coffee signed a new coffee bean procurement agreement at its Shanghai R&D Center. The agreement states that Luckin Coffee will complete the procurement of over 3,000 tons of high-quality Ethiopian green coffee beans in the first quarter of 2022, including 2,000 tons of premium-grade Yirgacheffe.
2021-12-21 coffee industry bean procurement Ethiopian coffee specialty coffee -
Reasons for Luckin Coffee's Pre-Market Trading Suspension What Happened with Luckin Coffee's Trading Halt
Professional coffee knowledge exchange For more coffee bean information Please follow Coffee Workshop (WeChat public account: cafe_style) FrontStreet Coffee - Luckin Coffee Trading Suspension On April 2, 2020, Luckin Coffee (Nasdaq:LK), listed in the United States, issued an announcement revealing that the company's COO and others had engaged in data falsification during auditing, with related amounts reaching approximately 2.2 billion RMB. Upon this news, Luckin's pre-market trading once plummeted by 85%, closing
2020-04-08 Luckin Coffee Pre-market Trading Suspension Reasons What Happened Professional Knowledge Exchange -
China Eases COVID-19 Policy! Starbucks Stock Rises!
For professional coffee knowledge and more information about coffee beans, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee on WeChat: qjcoffeex As the global pandemic situation shows varying degrees of relief, China has ushered in new epidemic prevention policies.
2023-01-06 COVID-19 policy China Starbucks stock market coffee industry -
Starbucks Drink Price Increases: Will They Impact the Chinese Coffee Market?
On February 2, Starbucks CEO Kevin Johnson stated that Starbucks has adjusted its pricing twice in the past four months, but due to salary increases for frontline employees and other rising costs, Starbucks will have to continue raising prices in the coming months. Beyond rising labor costs,
2022-02-04 Starbucks price increase Chinese coffee market Kevin Johnson cost management -
Is Starbucks an "Affordable Luxury"?!
A recent analysis by Credit Suisse reveals that Starbucks is an "affordable luxury" compared to other coffee brands and coffee chains. According to Credit Suisse's chief analyst, after investigating coffee shops in the 10 largest cities in the United States, a medium Starbucks hot coffee (approximately 350ml)
2022-04-22 Starbucks affordable luxury coffee chains consumer analysis pricing strategy -
Summer Cold Brew Coffee Making Method! Super Simple Iced Coffee Tutorial with Pictures
Professional coffee knowledge exchange. For 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. "It's my life! Iced coffee gives it!" Although this statement might be a bit exaggerated, there's no denying that cold brew coffee is the perfect refreshment for hot summer days.
2022-09-12 cold brew coffee summer iced coffee brewing method tutorial -
Brazilian Coffee Quality Enhancement Becomes Second Largest Source Country for US ICE Exchange Coffee Inventory!
Professional coffee knowledge exchange. For more coffee bean information, please follow Coffee Workshop (WeChat official account: cafe_style). COVID-19 has impacted the lives and economies of people worldwide, and everyone is seeking solutions to help society return to relative normalcy as soon as possible. And despite all the negative impacts brought by the pandemic, the sustainability of Brazil's agribusiness has enabled the country to 2
2021-01-27 Brazil coffee quality enhancement becomes United States ICE exchange inventory second -
CCTV: Sales of Domestic Coffee Machines Soar!
For more professional coffee knowledge exchange and coffee bean information, please follow Coffee Workshop (WeChat public account: cafe_style). For more specialty coffee beans, please add FrontStreet Coffee on WeChat: qjcoffeex. Due to the impact of the COVID-19 pandemic as well as climate-induced decline in coffee bean production and price increases and other reasons
2022-11-05 domestic coffee machines sales surge coffee industry COVID-19 impact coffee bean prices FrontStreet Coffee