News
Honduras Cup of Excellence celebrates coffee diversity
This year’s 20th edition of the competition has seen the announcement of 25 winners.
Independent coffee company 92 Degrees secures $1.7million investment to accelerate UK growth
An independent coffee company that first opened as a single coffee shop and roastery in Liverpool city centre (UK) has secured investment to accelerate its impressive UK growth strategy.
Pukka Herbs tackles pharmaceutical health culture with multiple research projects to unlock power of plants
Herbal wellbeing company, Pukka Herbs is undertaking 25 research projects to tackle a health culture
“overwhelming dominated” by pharmaceuticals, according to the latest Pukka’s Impact Report.
Sponsored: Diedrich Roasters continues series of business partnerships
To date the collaboration has extended to Companies such as Peace Coffee, America’s Best Coffee Joe’s Garage Coffee, Luna Gourmet Coffee & Tea and others.
Steeped Coffee raises $5m in less than 48 hours on crowdfunding platform
Disruptive single-serve coffee company raises maximum investment goal from over 4,500 investors and launches second campaign.
ekaterra appoints new CEO and Chairperson to its leadership
ekaterra, the world’s leading global tea business, appoints Nathalie Roos as Chief Executive Officer and Pierre Laubies as Chair of the Board.
I-CIP rebounds to over 200 US cents/lb for the first time since February
The ICO Composite Indicator Price (I-CIP) gained 4.5% from May to June 2022, averaging 202.46 US cents/lb for the latter. Estimated total production in coffee year 2021-22 remains unchanged at 167.2 million bags, while world coffee consumption is still projected to grow by 3.3% to 170.3 million 60-kg bags in 2021-22.
teapigs launches new iced tea range
The two new flavours will tap into the ever-growing desire ready to drink products.
Coffee company, Blank Street, opens first stores in London
New York-based coffee company expands to the UK this summer with debut locations in Fitzrovia and Shoreditch offering high quality coffee that’s convenient and affordable.
Unilever announces completion of the sale of its Tea business, ekaterra, to CVC Capital Partners Fund VIII
Unilever and CVC had entered into an agreement for the sale of ekaterra in November 2021, for €4.5 billion on a cash-free, debt-free basis; expecting to close in H2 2022.
Tea and coffee businesses achieved biggest reduction in lead times caused by pandemic peak
Tea and coffee firms have beaten 24 sectors and made the biggest reduction in delivery lead time delays caused by Covid-19, new data has revealed.
T&CTJ and Firsd Tea tea sustainability report is now available
The survey launched in December 2021 ran through February 2022. For every completed response, a contribution was donated to 1% for the Planet, an international organisation whose members contribute at least one percent of their annual sales to environmental causes.
Starbucks Reserve Roasteries launches new All Across Africa merch collection
The new merchandise is made by women working with All Across Africa, an organization helping artisans in rural Africa bring their products to the global marketplace.
Twinings launches new Glow+ Tea
The new addition to the brand’s Superblends collection of wellness teas is designed to improve skin using natural vitamins and compounds.