ROME, Italy – Avolta AG, the leading global travel experience player, has opened the first Costa Coffee retail store in Italy at Fiumicino Airport. The store opening marks an important collaboration between Costa Coffee and Avolta: bringing the Costa Coffee brand into a new territory further signifies Avolta’s commitment to diversifying and broadening its retail offer, investing specifically in Fiumicino. Founded in 1971 by two Italian brothers, Bruno and Sergio Costa, this is the first time Costa Coffee, which operates in over 50 countries, has entered the Italian market, serving its Signatur ..read more

MILAN, Italy – In the last four years, Kyle Walker has learned more about the Starbucks cold drink cup than he ever thought he needed to know. How much pressure can you apply to the top and the sides before it crumples? What’s the exact angle of a full cup right before it tips over when you slide it across the bar? What does a perfect lid-to-rim fit feel like? And the most important question at the center of his team’s testing and research at a laboratory inside the Tryer Center, Starbucks innovation hub in Seattle: How much plastic can you remove from a cup while making sure it still fee ..read more

LOS ANGELES, USA – Gaviña Coffee Company, makers of Don Francisco’s Coffee, José’s Gourmet Coffee, Café La Llave, and a wide variety of other family-crafted coffees, is celebrating Earth Month by announcing that it has recycled over 3 million used coffee bags, single serve coffee pods, and espresso capsules through its free recycling program in partnership with TerraCycle, the international leader in innovative sustainability solutions. The Coffee Bag and Pod Free Recycling Program allows coffee drinkers to enjoy their favorite Gaviña Coffee Company products sustainably. Participants contribut ..read more

LOS ANGELES, USA – Spinn, the pioneer in innovative centrifugal coffee brewing technology, announces the launch of its highly anticipated next-generation espresso maker, Spinn 2. Debuting on April 17, 2024, Spinn 2 promises to redefine the at-home espresso, coffee and cold brew experience with its revolutionary features and unparalleled versatility. Built upon years of research and development, Spinn 2 represents a significant leap forward in coffee brewing technology. Inspired by a simple yet profound question – why isn’t there one machine that can brew every style of coffee? – Spinn embarked ..read more

LAUSANNE, Switzerland – Today, Nestlé S.A. held its 157th Annual General Meeting (AGM) at the SwissTech Convention Center in Lausanne. Shareholders approved all of the Board of Directors’ proposals, including the election of Geraldine Matchett. They rejected a shareholder proposal for the amendment of the Articles of Association. 1,107 shareholders or their proxies attended the event in person, representing 54.7 percent of the capital and 79.5 percent of the shares entitled to vote. The Independent Representative acted on behalf of 99.3 percent of shares represented at the AGM. Geraldine Match ..read more

VENICE, Italy – illycaffè continues its support for the Venice Art Biennale themed “Stranieri Ovunque – Foreigners Everywhere.” This partnership sees a fresh addition with the unveiling of a new illy Art Collection featuring works by four emerging Latin American artists, selected by the curator of Biennale Arte 2024, Adriano Pedrosa, from among the exhibitors. Once again, the iconic illy cups serve as a canvas for expression, this time showcasing the creativity of Guatemalan artist Paula Nicho, Peruvian artist Rember Yahuarcani, Colombian artist Aycoobo, and the Brazilian collective Mahaku. Th ..read more

ORRVILLE, Ohio, USA – The J.M. Smucker Co. yesterday announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 3, 2024, to shareholders of record at the close of business on Friday, May 17, 2024. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 14, 2024, in a virtual-only meeting format. The meeting will be held at 11:00 a.m. Eastern Time. Shareholders of record at the close of business on Monday, June 17, 2024, will be eligible to join the webcast and vote b ..read more

CHICAGO, USA – WithMe, a leader in technology-enabled amenities for multifamily communities, has launched its innovative bean-to-cup coffee solution, SipWithMe, in the Pittsburgh market. WithMe’s exclusive coffee partner for the region is The Coffee Tree Roasters, a certified family- and woman-owned business serving the finest single farm-sourced coffee from around the world. Through the partnership, residents at participating multifamily communities in Pittsburgh can visit SipWithMe machines in their common areas to access over 20 barista-quality beverages at the touch of a button. “Pittsburg ..read more

MILAN – Coffee futures prices fell sharply on Thursday after reaching new highs on both markets. In London, the most traded contract for July lost ground on profit-taking, after climbing to a new all-time high of $4,292, and ended the day at $4,062, down $133 from the previous session. July Arabica coffee in New York lost 925 points and settled at 231.10 cents per lb, its highest since February 2022 at 245.40 cents. A stronger dollar sparked long liquidation in coffee futures following this week’s sharp rally. The Brazil Real has depreciated by 4.93% over the past week and settled around the l ..read more

TRIESTE, Italy – illycaffè, a global coffee company known for its sustainable quality and for the privileged bond it has built with the world of contemporary art, presents the new illy Art Collection dedicated to Biennale Arte 2024, which bears the same name of the event: ‘Stranieri Ovunque – Foreigners Everywhere‘. A partnership of over twenty years with the International Art Exhibition, reaffirmed for its 60th edition, is further enhanced by an illy Art Collection signed by four emerging Latin American artists chosen by the curator of Biennale Arte 2024 Adriano Pedrosa from among those who s ..read more