Hints and tips:
Related Special Reports
...When the probe was opened, the EU’s top competition enforcer Margrethe Vestager said “chocolates, biscuits and coffee are products consumed by European citizens daily”, and that the commission would look...
...Starbucks has been targeted with a boycott of its coffee shops after a union representing some of its employees, Starbucks Workers United, posted “Solidarity with Palestine!”...
...Local coffee chain Luckin, whose revenues nearly doubled last year to a fresh record, is another example of a broader trend of consumers favouring local brands. There is reason for concern....
...“Weight-loss coffee, aphrodisiac coffee, it’s actually just regular coffee, nothing special,” Mo, who is based in Shenzhen, admitted in an interview with the Financial Times....
...Luckin Coffee, China’s answer to Starbucks, has more than 16,000 stores earning sales of $3.5bn last year....
...Once-highflying Chinese group Luckin Coffee issues third-quarter earnings....
...But one TikTok executive made a really good point over a cup at Philz Coffee last week. This is not “TikTok vs Washington”, they said, but “TikTok vs Washington vs Beijing”....
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...Coming up short Jeff Yass’s Susquehanna International Group first invested $80,000 in TikTok parent ByteDance a decade ago, betting on an idea sketched out on a napkin in a Beijing coffee shop....
...He dressed, made coffee and sat down at his computer where he remained for the next 16 hours, coding a web application and filming videos to show other couriers how to use it....
...On that day I skipped breakfast and only had 1 coffee in the morning....
...“I drank a lot of coffee in a lot of Luckin Coffee locations, and it was still a fraud,” says one investor, of the once $13bn Nasdaq-stock which admitted to inflating sales figures in 2020....
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
...Luckin Coffee, a Chinese company derailed by accounting fraud in 2020, opened more than 2,000 stores on a net basis as part of its revival in the 2022 fiscal year, it said in its annual report....
...“I doubt many people would pay for it over their daily coffee.” Additional reporting by Cristina Criddle...
...“Some areas need a facelift but every time I am there I love it more, especially the dinky little cinema [Cinécran], restaurants and coffee shops,” she says....
...But the scale of these sums makes one wonder about dismissing someone for sandwiches and coffee....
...Menhir – a sculptural espresso coffee maker by Michael Anastassiades, with a delicate twist in the handle, is simple but striking....
...Ideally, office cohabitees would share interests and agendas, allowing spontaneous exchanges of ideas around the coffee machine, said Hey....
...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...Before Lutnick’s 2007 effort, he was chief executive of Cantor Fitzgerald in 1998 when it offered Treasury futures in conjunction with the New York Board of Trade, home to cotton and coffee trading as well...
...Gap Inc is currently in crisis. Its brands — Old Navy, Gap, Athleta and Banana Republic — face weak or falling sales and the business is lossmaking....
...Shah: We were just having a coffee one day and he asked what was on my mind. I mentioned the call from Cuban, but said it was such a complex beast....
...We call this the ‘coffee-hamburger model’, where on average the absolute price of coffee in the out-of-home channel is cheaper than that of a burger and hence the relative cost for consumers to trade up...
...Across the US, companies catering to the households that can afford a $12,000 couch or $4,000 coffee table are reporting a similar phenomenon: wealthier Americans are reining in their discretionary spending...
International Edition