Nespresso reports three-month sales for 2024
Global Coffee Report Magazine
by Kathryn Lewis
22m ago
Nestlé has published its three-month sales for 2024, reporting 1 per cent organic growth for Nespresso. As part of the report, Nestlé announced for Nespresso organic growth at 1 per cent, with pricing of 1.2 per cent. RIG was -0.2 per cent, which was impacted by the phasing of commercial activities. The report goes on to detail foreign exchange negatively impacting sales by 5.1 per cent, with Nespresso reported sales decreasing by 4.1 per cent to CHF 1.5 billion. North America saw sales grow at a mid single-digit rate with market share gains, while Europe posted slightly negative growth. Accor ..read more
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Nestlé launches Nespresso in India
Global Coffee Report Magazine
by Hayley Ralph
22m ago
Nestlé has launched Nespresso in India in response to the increasing consumer demand for its high-quality coffees. Nestlé will offer Nespresso coffees through e-commerce channels with the aim of growing the premium coffee category in the country. It will open the first Nespresso boutique in Delhi and then expand to other key cities in India. “I am delighted that we are introducing Nespresso to coffee lovers in India. For almost 40 years, Nespresso has been committed to elevating the coffee experience through its signature taste and to embedding sustainability in every part of the bus ..read more
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Konrad Meyer appointed Chairman of Pret A Manger board
Global Coffee Report Magazine
by Kathryn Lewis
3d ago
United Kingdom-based sandwich and coffee chain Pret A Manger has announced a series of board changes as it focuses on the next phase of its international growth. As part of the announcements, Konrad Meyer has been appointed Chairman of the Board and will succeed Oliver Goudet who held the position for the past six years. “We are very proud of the transformation of Pret over the past few years, and we remain focused on the essence of Pret: happy teams and happy customers, and serving people with the Joy of Pret,” says Meyer. “As a final step in leaving the pandemic behind, we are implementing p ..read more
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Nestlé announces new CEO Zone Europe
Global Coffee Report Magazine
by Kathryn Lewis
1w ago
Guillaume Le Cunff, current CEO of Nespresso, has been announced as the new Nestlé CEO of Zone Europe, effective 1 July 2024. The announcement follows the resignation of Marco Settembri (pictured above), who is stepping down on 30 June, marking the end of a 36-year career. “On behalf of our Board of Directors and our Executive Board, I would like to extend our heartfelt thanks to Marco for his many years of outstanding service to Nestlé. We wish him great success and fulfillment in this new phase of his life,” says Nestlé CEO Mark Schneider. “At the same time, we are delighted to announce that ..read more
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JDE Peet’s signs more MOUs to combat deforestation
Global Coffee Report Magazine
by Hayley Ralph
1w ago
JDE Peet’s has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru, Honduras, and Rwanda. This ensures continued access to the European market for smallholder farmers upon implementation of the EU Deforestation Regulation (EUDR), and fosters climate change resilience for coffee, ensuring JDE Peet’s’ customers and consumers have continued access to high-quality coffee products. “We are very proud to further progress our efforts to combat deforestation through these new MOUs with Honduras, Peru, and Rwanda,” says Laurent ..read more
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Specialty Coffee Expo breaks attendee and exhibitor records
Global Coffee Report Magazine
by Hayley Ralph
1w ago
From 12 to 14 April, about 17,000 coffee and tea professionals from over 85 countries gathered in Chicago, United States for the 35th annual Specialty Coffee Expo, North America’s largest coffee trade show and host of the World Coffee Championships. The Expo, owned and produced by the Specialty Coffee Association, saw a 23 per cent increase in attendance from the previous largest show which took place in 2019, and an exhibit hall featuring 602 companies, the most to ever participate in the history of the event. This year Specialty Coffee Expo offered two new features areas. The Green Coffee Co ..read more
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Ethiopian Cup of Excellence returns
Global Coffee Report Magazine
by Hayley Ralph
1w ago
Cup of Excellence (CoE) has announced the record-breaking Ethiopian CoE competition is scheduled to return to Addis Ababa in mid-July after a year hiatus. “Ethiopia is considered the birthplace of arabica and is renowned for its heirloom varieties so it was no surprise when farmers winning Cup of Excellence in 2022 broke records. The highest scoring coffee sold for $400.50 per pound (about US$498.54), the highest price ever paid for an Ethiopian coffee,” says Erwin Mierisch, Executive Director of both CoE and Alliance for Coffee Excellence. “Over 600 samples have already arrived in the re ..read more
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NAEB, JDE Peet’s, and Enveritas unite to protect Rwanda’s forests
Global Coffee Report Magazine
by Kathryn Lewis
1w ago
On 13 April, National Agricultural Export Development Board (NAEB), JDE Peet’s, and Enveritas announced that they had entered an agreement to protect Rwanda’s forests and preserve access to European markets for smallholder coffee farmers in the country. The new European Union Deforestation Regulation that comes into effect in December 2024 will ban the export of coffee grown on land deforested after 2020 to the EU. As a result of this agreement, NAEB, JDE Peet’s, and Enveritas will take joint action to remediate any coffee that infringes the new regulation. “Rwanda has been set a daunting task ..read more
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Schaerer introduces smartwatch integration
Global Coffee Report Magazine
by Kathryn Lewis
2w ago
Swiss coffee machine manufacturer Schaerer has collaborated with wearable technology company Turnpike to offer smartwatch integration for its smart coffee machines. Users can now connect Schaerer’s Internet of Things to the smartwatch software to receive updates on upcoming service tasks direct to their wrists. “The collaboration with Turnpike underlines our ambition to inspire the world of coffee enjoyment,” says Sandro Bianchi, Customer Success Manager at Schaerer. “By connecting our coffee machines to Turnpike’s technology, we are helping our customers to optimise their coffee business and ..read more
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Cimbali Group to unveil new corporate rebrand in the United Kingdom
Global Coffee Report Magazine
by Kathryn Lewis
2w ago
From 11 to 14 April, Italian coffee equipment manufacturer Cimbali Group will unveil its new corporate branding at London Coffee Festival in the United Kingdom (UK). The company’s new look was first revealed at HostMilano in Italy in 2023, but the team are excited to share it with the local and international coffee community that will gather at the Truman Brewery in East London for the 13th edition of the London Coffee Festival. As well as debuting its fresh branding, the company will also showcase its LaCimbali, Faema, Slayer, and Casadio brands. The Cimbali Group plans to use the festival pl ..read more
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