Business
UK tea & coffee sector sees £1.2bn downwards revision
According to leading data and analytics company GlobalData, the sector has shrunk from £6.6 billion in 2019 to a Covid-19-adjusted forecast of £5.4bn by the end of 2020.
Neumann Kaffee Gruppe starts operations in Australia
With InterAmerican Coffee Australia, NKG extends its successful business model for high-quality and specialty coffee to the Australian coffee market.
SCA announces line-up for All-Stars Online Season Two
The Specialty Coffee Association’s All-Stars Online and All-Stars x Barista Guild are returning for a second season, with six top-ranking World Coffee Championship competitors coming to screens twice-weekly.
Jing Tea partners with new shopping app By Appointment
Jing Tea has partnered with the new By Appointment app to help its customers shop with confidence and enjoy a more personal shopping experience, while helping its store staff manage evolving government guidelines.
Probat builds new production facility at company headquarters
Probat is expanding the production area at its headquarters in Emmerich, Germany, with a total investment volume of €40 million.
Olam Coffee sets sustainability goals for 2025
Olam Coffee, a leading green coffee origin exporter and part of Olam Food Ingredients, has announced its vision for the future of the coffee sector.
Finca Sophia coffee fetches world record price in 2020 Best of Panama Auction
Finca Sophia has also been awarded the prestigious Panama Cup.
Farrer’s wins three Great Taste awards
The Cumbrian tea and coffee company has been recognised in the national awards after entering for the first time.
Golden Fog Coffee at shareDOWNTOWN opens 10 October
Golden Fog Coffee opens at the new shareDOWNTOWN residential apartment complex in downtown Las Vegas’ Arts District on Saturday, 10 October.
Covid-19’s effect on tea origins and production
Last week, the Tea and Herbal Association of Canada (THAC) held a two-day virtual North American Tea Conference under the theme, “The Present Reimagined.” The event offered a strong mix of presentations covering the impact of Covid-19 on Canadian consumption trends, consumer behaviour and purchasing patterns, as well as the pandemic’s effect on the global tea industry.
First virtual Singapore Speciality Coffee Auction draws in 100 bidders
100 bidders from 17 countries and regions joined the virtual Singapore Specialty Coffee Auction held on 1 October 2020.
Westholme Tea Company celebrates 10 years
To commemorate its anniversary, Westholme Tea Company will be officially launching new creative products from both of its co-founders.
Breville Group acquires Baratza for $60mn
Breville Group Limited has completed the acquisition of Seattle, Washington-based coffee grinding company, Baratza LLC.
Coffee year 2019-20 ends in surplus
Coffee year 2019-20 is seen ending in a surplus of 1.54 million bags.