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COFFEE CULTURE IN CHINA
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 unitsTata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating l...- Mizoram expecting more influx from Myanmar amid ongoing conflict: CM LalduhomaAs Myanmar's turmoil drives refugees toward Mizoram, the state confronts the challenge of accommodating thousands of newly displaced indivi...
- Starbucks to keep India plans brewing despite competitionStarbucks said it is strengthening its long-term commitment to India even as competition rises and profits remain under pressure. The coffe...
- Starbucks sells 60% stake in China business in $4 billion deal with BoyuStarbucks is partnering with Chinese firm Boyu Capital to expand its presence in China. Boyu Capital will acquire a majority stake in Starb...
- Latte, Cappuccino, Macchiato... the tender tyranny of coffee codesOnce upon a time, coffee - just a tad more extravagant than humble tea - was the preserve of special occasions in the bustling college cant...
- Starbucks says it is not currently considering a full sale of its China operationsStarbucks is exploring options for its China business, engaging with potential buyers to assess interest in either a controlling or minorit...
- Coffee pe kharcha: Move over chai, Gen Z and millennials are spiking instant coffee salesThough the pandemic gave a boost to the sales of instant coffee, the new-generation remains hooked to the convenience, price and unique fla...
- China goes ape over culture-boosting 'Black Myth: Wukong' video game"Black Myth: Wukong," a video game adaptation of the classic "Journey to the West," saw 2.2 million concurrent players on its first day. Ch...
- Bullish on India as it has everything in place to accelerate trajectory: Starbucks Global CEO NarasimhanStarbucks CEO Laxman Narasimhan has announced plans to open a new store every third day in India to operate 1000 cafes by 2028. The company...
- The price of your morning cup of Coffee is risingPrices for arabica beans are up 50 per cent in the past 12 months, hitting seven-year highs in July after drought and frost damaged crops i...
- Likely drop in India’s coffee exports as coronavirus fear spreadsItaly, the largest buyer of Indian coffee, is anticipating a 10-12% drop in consumption. “The Italian government has asked people to mainta...
- Starbucks extends Tata partnership beyond IndiaThe brand - Starbucks Reserve Tata Nullore Estates - will be the first coffee from India to be roasted and launched in Seattle later this y...
- Success overseas doesn’t mean success in India: John Culver, StarbucksJohn Culver, the man steering Starbucks in India and the rest of Asia, believes that the world’s largest cafe chain needs to earn its place...
- India should be one of our top five markets over time, says Starbucks CEOStarbucks expects its Indian business to eventually rank among its top five markets, CEO Howard Schultz said on Friday.
- Tea or coffee? A Chinese dilemmaThe Chinese are gradually losing the traditional tea-drinking habit in favour of coffee, largely because of the length of time it takes to ...
- Starbucks Coffee Company set for cafe joint venture with TatasThe $11-billion Starbucks is finalizing an exclusive equity joint venture with Tata Coffee which would also be backed by other bigger firms...
- Starbucks set for cafe JV with TatasStarbucks chairman and CEO Howard Schultz is set to clinch a joint venture with Tata Group for opening coffee shops in India.
- Cafe opens in Forbidden City to replace StarbucksA state-run cafe has opened in Beijing's Forbidden City on the premises where Starbucks closed down earlier this year amid charges the US c...
- Starbucks acquires control of China JVThe Seattle-based coffee chain acquired a 90 per cent stake of Beijing Mei Da.
- US coffee giant Starbucks to enter India next yearCoffee connoisseurs can look forward to a new brew in their cups soon, with US-based coffee retail giant Starbucks Corporation set to open ...
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