Business

 

ASEAN Coffee Consumption and Competitive Landscape

The Asia Pacific market is expected to continue to experience dramatic coffee growth in the coming years. However, local brands–and mixes–dominate, so international players looking to enter the ASEAN market must ensure their brands “feel local” and cater to local tastes.

Starbucks to Acquire Remaining Shares of East China JV

Starbucks Corporation has entered into a definitive agreement to acquire the remaining 50% share of its East China (“East China JV”) business from Uni-President Enterprises Corporation (“UPEC”) and President Chain Store Corporation (“PCSC”).