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Tuesday 26 November 2024
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Christopher Dawson is the new President of 7 Brew

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7 Brew logo
7 Brew logo

FAYETTEVILLE, Ark., USA – 7 Brew, the drive-thru beverage concept reimagining the industry with its speed of service and premium quality drinks, today announced the appointment of restaurant franchise industry veteran Christopher Dawson as the company’s President. Joining the 7 Brew leadership team, Dawson will report to Chief Executive Officer John Davidson and will spearhead the brand’s continued expansion across the United States.

“We are thrilled to welcome Chris to the 7 Brew leadership team. I am confident that his hospitality expertise and impressive background in franchise development and operations will propel our company forward and further our mission of cultivating kindness,” said Davidson.

Dawson brings over 20 years of experience in growing and leading nationally recognized brands in both the restaurant and automotive space. Most recently, Dawson served as the Chief Executive Officer of Walk-On’s Sports Bistreaux.

Prior to that, he was a multi-brand President leading the Paint and Collision segment for parent company Driven Brands. Spending almost 6 years at Driven Brands, his initial role of Vice President of Strategic and Franchise Operations contributed to the incredible growth of Take 5 Oil Change. His previous stints include Denny’s and CiCis Pizza where he was a multi-unit franchisee for seven of his twelve years with the brand.

“7 Brew is a fast-growing powerhouse in the drive-thru beverage space, and I am confident that the brand has a tremendous runway of further growth ahead in the U.S.,” said Dawson. “It’s a pleasure to join the 7 Brew family, and I look forward to nurturing the team’s unique culture, supporting stand expansion, and ensuring profitability in both company-owned and franchise-operated locations.”

7 Brew continues to experience momentum as the business opens more drive-thru beverage stands across the U.S. and introduces delicious new drink items to its menu of over 20,000 combinations. As President, Dawson will complement 7 Brew’s leadership team, bringing to the role a deep knowledge of franchise operations and the necessary ingredients for continued growth and success.

Follow 7 Brew on Instagram, Facebook, Twitter and TikTok to keep up with the latest local news, brews and offers.

 

New technology allows visitors to go behind Nestlé’s factory doors

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Nestlé
Nestlé logo

VEVEY, Switzerland – To facilitate more factory visits without the need to travel on site, Nestlé is deploying a combination of virtual and augmented reality technology to bring an immersive factory experience to life. By virtually opening its factory doors to the outside world, Nestlé continues to reinforce trust with many different stakeholders while also reducing the carbon footprint linked to physical visits.

Using a VR headset, the ‘Immersive Factory Experience’ allows visitors to gain insights into how Nestlé products are made.

They are able to observe the safety, quality and health measures applied in its manufacturing operations and immerse themselves in the science and technology innovations behind its well-known nutrition brands.

The virtual experience is personalized, giving visitors the chance to become acquainted with products from their country of choice.

Leveraging the latest advances in generative AI and voice synthesis, the experience is currently available in three languages (English, Spanish and Portuguese) with more languages to be added soon.

The first pilot was launched earlier this year at its Nutrition factory in Jalisco, Mexico. Nestlé has rolled out this virtual experience across several markets in Latin America with plans to expand to other geographies.

The company also intends to include its Research & Development centers globally in these ‘behind-the-scenes’ platforms in 2025.

The platform has had strong user acceptance thanks to its user-centric design and customization features.

Conab cuts its official estimate for Brazilian production by 4 million bags to 54.79 million bags, slightly down from coffee year 2023/24

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Conab
Conab logo

MILAN – Conab has revised downwards the figures for Brazil’s 2024/25 coffee crop in its third official estimate, published yesterday afternoon (Thursday 19 September). The Brazilian government’s specialised agency now sees production at 54.79 million bags, some four million bags less than in its second estimate, released in May.

Production estimates for Arabica and Robusta were cut by 2.53 million and 1.5 million respectively. The new overall figure is 0.5 % lower than last year’s (2023/24), when 55.072 million bags were harvested.

At the beginning of the harvest season, everything pointed to a new increase in production ‘considering the vegetative state of the crops and the recurrence of a positive year in the two-year cycle’, Conab wrote in a note.

However, adverse weather conditions – with drought, scattered and poorly distributed rainfall – coupled with high temperatures during the crucial stages of fruit development, have reduced the outlook for productivity, which is now estimated at 28.8 bags/ha, down 1.9%.

Arabica production is pegged at 39.59 million, up 1.7%, but this bigger crop is the result of an increase in the productive area, which rose 1.52 million hectares (+2.4%), while productivity fell by 0.6%, to 26 bags/ha.

The tables below show Brazil’s total coffee production and the Arabica and Robusta crops (click on the tables to enlarge).

What immediately stands out is the negative performance of Minas Gerais – Brazil’s main coffee producing state and the world’s largest Arabica growing area – where the crop fell by 3.3% to 28.1 million.

Productivity drops by up to 6% to 25.2 bags/ha. In general, the beans had a higher number of defects and lower screen size. The drought and high temperatures were the main causes for this unexpected decline.

From April onwards, the rain virtually stopped, except for a few sporadic showers. This led to a sharp drop in Triângulo, Alto Paranaiba and Noroeste, where production fell from 7.59 million last year to 5.32 million this year (-29.8%).

This heavy fall in production was not offset by the positive trend recorded in the other mesoregions of the state, show Conab ‘s figures.

Crops grown at higher altitudes, where the climate was more favourable and the effects of high temperatures less pronounced, were less severely affected.

The weather also influenced the season in São Paulo, where production nevertheless recovered (+8.2%) to 5.44 million bags.

Estimates for Espírito Santo were sharply reduced, with production now estimated at just under 14 million bags, up 7.6%.

Robusta production fell by 1.9% to 9.97 million. On the other hand, the on-year for Arabicas was confirmed (albeit with a slight downward correction) with a harvest of 4.03 million, up 41%. Arabica productivity surged by 43.7% to 31.4 bags/ha, the highest in the country for the most prized variety.

Production in Bahia is estimated to have fallen by 8.8% to 3.1 million bags. The Arabica crop recorded a very slightly increase (+0.5%) to 1.11 million.

By contrast, the Robusta crop fell by 13.3% to just under 2 million bags, with productivity down by 16.2% to 44.8 bags/h

Finally, in Rondônia, productivity rose again (+4.8%) to a whopping 52.3 bags/ha, but due to a 20.1% reduction in the productive area, the crop fell by 16.2% to 2.56 million bags.

ICO to ask for a postponement of the EUDR’s entry into force

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ICO estimates
The ICO Executive Director Vanusia Nogueira (picture credits: International Coffee Organization)

MILAN – Conab’s new estimate was bullish for coffee markets yesterday. In New York, the main contract fell 275 points to 261.65 cents, pushed down by the forecast of rain in Brazil’s coffee belt. In London, the benchmark lost $86 to settle at $5,248.

Thursday’s two-week Global Forecast System model showed rain is expected for Brazil’s coffee-growing regions next week during the all-important flowering period for Brazil’s coffee trees, reports Barchart

Meanwhile, it was announced that the International Coffee Organization will request a postponement of the EUDR’s scheduled entry into force on 31 December.

“We can’t meet that date, it is not possible,” said Vanusia Nogueira, executive director of the International Coffee Organization (ICO), in an interview with Reuters.

Nogueira was speaking on the sidelines of a coffee summit hosted by the Community of Latin American and Caribbean States (CELAC) in Tegucigalpa.

“It’s a very ambitious deadline,” Nogueira added. “We believe that by working with (EU leaders), they might be more open to postponing that date.”

Nogueira is confident that a solution will be reached: “The European people like coffee very much… they will not be left without coffee,” she added.

NCA: Out-of-home coffee at pre-pandemic levels, majority believe coffee good for health

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National Coffee Association NCA coffee consumption
NCA logo

NEW YORK, USA – Out-of-home coffee consumption resumed its highest level since January 2020, and a majority of Americans believe coffee is good for their health according to exclusive consumer polling published ahead of National Coffee Day on September 29 by the National Coffee Association (NCA).

The Fall 2024 National Coffee Data Trends (NCDT) analysis, conducted by Dig Insights on behalf of the NCA found that home remains the most popular place for coffee consumption, with 81% of past-day coffee drinkers having coffee at home, compared to 36% of past-day coffee drinkers having coffee out-of-home.

At-home and out-of-home coffee consumption are not mutually exclusive; some coffee drinkers will have consumed coffee in multiple locations.

The report also found that 51% of Americans believe coffee is good for their health. 66% believe coffee improves mental focus, and 46% believe it improves physical endurance. 48% have heard information in the past year about health benefits associated with drinking coffee.

NCA President and CEO William “Bill” Murray commented:

“There’s no better way to celebrate National Coffee Day than with the great news that coffee remains America’s favorite beverage other than bottled water and that most Americans are familiar with coffee’s unique health benefits. America loves coffee, and it loves them back.”

Other key findings include:

  • Specialty coffee maintains its 13-year high, with 45% of Americans having this type of coffee in the past day. Among specialty coffees, past-day consumption grew the most for non-espresso-based beverages, up by 26% since January 2024. Cold brew was the most popular non-espresso-based beverage, with 21% of Americans drinking cold brew in the past week – up by more than 30% since January 2024.
  • Drip coffee makers have long been the most popular preparation method (36%) for past-day coffee drinkers, with single-cup brewers remaining in second place (24%). Ready-to-drink remains in third place (18%) and continues to grow in popularity, with past-day consumption more than doubling since 2023.

For more information and to purchase the complete NCDT, visit ncausa.org/ncdt.

About the National Coffee Association

The National Coffee Association (NCA), established in 1911, is the United States’ oldest and largest trade organization representing coffee businesses of all types and sizes, including the producers, roasters, brands, and other companies responsible for 90% of U.S. coffee commerce, as well as nonprofit organizations involved in the world of coffee. More American adults drink coffee each day than any other beverage, and coffee supports 2.2 million U.S. jobs—operating in every U.S. state and territory and contributing nearly $350 billion to the U.S. economy every year.

LDC reports six-month net sales of US$25.6 billion, EBITDA of US$1,057 million

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LDC Louis Dreyfus Food Feed Solutions Platform
Louis Dreyfus Company's logo

ROTTERDAM, The Netherlands — Louis Dreyfus Company B.V. (LDC) published today its consolidated financial results for the six-month period ended June 30, 2024, reporting resilient performance in a context of persistent geopolitical, macroeconomic and environmental challenges. Net Sales amounted to US$25.6 billion, Segment Operating Results reached US$1,284 million, with positive contributions from both business segments, and EBITDA settled at US$1,057 million.

Capital Expenditure was up 30% year on year as the Group continued to invest in pursuit of its strategic plans to further reinforce and diversify its business portfolio, geographic presence and network.

“In a global trade environment marked by logistics challenges from new and ongoing geopolitical crises that disrupted trade flows and maritime shipping routes, changeable import demand dynamics and uncertain crop size prospects influenced by weather conditions, LDC grew its volumes shipped by 19.4% year on year,” said Michael Gelchie, LDC’s Chief Executive Officer. “Our diverse and global business activities allowed us to deliver strong results for the first semester of 2024, as an overall recovery in crop sizes and ample stocks globally put pressure on prices and resulted in less volatile market dynamics compared to the first half of 2023.”

The Group continued to invest in core merchandizing activities, with the construction and expansion of crushing capacity in North America to support core and new product lines, and pursued its downstream diversification trajectory – notably with the announced acquisition of a major soluble coffee producer in Brazil, the launch of its Montebelo Brasil bottled juices brand in France, and the launch of its refreshed Vibhor edible oils brand in India.

The Group also continued to take significant and concrete steps to advance its commitment to shaping more sustainable value chains, announcing various collaborations to promote and implement regenerative agriculture and habitat conservation practices in strategic supply sheds, and continuing to drive decarbonization in its operations and supply chains – for example, promoting camelina cultivation in Latin America as a cover crop and raw material for lower-carbon renewable fuel and animal feed production.

“Building on our satisfying performance in the first half of the year, and through continued collaboration with our business and other partners, I am confident that we will continue to accelerate LDC’s transformation trajectory and create fair and sustainable value for stakeholders across food and agriculture chains,” said Michael Gelchie.

Highlights for the six-month period ended June 30, 2024:

  • Net Sales: US$25.6 billion (US$25.8 billion over the same period in 2023)
  • Segment Operating Results: US$1,284 million (US$1,316 million over the same period in 2023)
  • EBITDA: US$1,057 million (US$1,169 million over the same period in 2023)
  • Net Income, Group Share: US$489 million (US$568 million over the same period in 2023)
  • Capital Expenditure: US$299 million (US$230 million over the same period in 2023)
  • Return On Equity, Group Share: 15.1% (16.6% for the year 2023)
  • Adjusted Leverage Ratio: 0.5x (0.1x as of December 31, 2023)
  • Adjusted Net Gearing: 0.17 (0.02 as of December 31, 2023)

LDC’s complete 2024 Interim Financial Report is available at www.ldc.com.

Sheaffer Coffee Edition: Unveiling the connection between writing and coffee

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Sheaffer Coffee Edition
Sheaffer Coffee Edition Range (picture provided)

BENGALURU, India – Sheaffer has launched its new collection, called the Sheaffer Coffee Edition, its latest in highlighting the intrinsic bond that exists between two time-honoured passions. Founded in 1913 by Walter A. Sheaffer, the brand has been synonymous for innovation and quality craftsmanship in writing instruments. The addition of this latest collection is an attempt at toasting the eternal relationship between writing and coffee, a pairing long known to have inspired creativity for generations.

The Sheaffer Coffee Edition consists of two distinct sets of pens, each designed to embody the spirit of coffee culture. The first, the Sheaffer 100 Coffee Edition, features a robust color palette for those who prefer a strong cup of coffee. The second, the Sheaffer VFM Coffee Edition, offers a more subdued design for enthusiasts of lighter brews.

Every detail of the Coffee Edition pens has been meticulously crafted to reflect the essence of coffee. The high-quality brown nibs and the ombre body design are inspired by the swirling patterns found in a cup of coffee. Additionally, each pen prominently displays a signature motif, allowing for personal expression.

Accompanying the launch is a creative reimagining of the product packaging, which features the thematic message #TheWriteKindOfCoffee. This new design enhances the unboxing experience, reinforcing the connection between writing and coffee for consumers.

“For years now, coffee has been inspiring people to write, and this in turn inspired us to come up with a Sheaffer Coffee Edition pen, to celebrate this immortal bond. Meticulously crafted, this collection honours the enduring appeal of analog while embracing innovation. The two variants, inspired by different coffee roasts, reflect our commitment to personal preferences. As we continue to push boundaries, Sheaffer’s legacy of excellence remains our guiding principle.” — Nikhil Ranjan, Managing Director, Sheaffer.

The Sheaffer Coffee Edition aims to appeal not only to pen enthusiasts but also to coffee lovers, offering a unique opportunity to merge these two passions. As writers seek inspiration in their daily rituals, the Coffee Edition promises to provide a perfect blend of functionality and style.

Evoca Group achieves EcoVadis Platinum rating

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evoca group
Evoca Group logo

VALBREMBO, Italy – Evoca Group announces attaining the prestigious Platinum rating by EcoVadis, with an overall score of 83 out of 100. This places Evoca in the top 1% of companies working in the machinery sector globally.

“Our performance in key areas such as Environmental Management and Labour & Human Rights (both scoring 90 out of 100), as well as Sustainable Procurement (80 out of 100), highlights our strong commitment to continuous responsible and ethical business practices” said the company in a statement.

“Our Platinum rating is a quantum leap forward from our Bronze rating earned earlier this year and a testimonial on how we advance Sustainability at Evoca. ” says Giusi Bonini, Chief Sustainability Officer.

“This outstanding achievements clearly demonstrates our drive to embed sustainability into every part of our business”. In fact, Evoca has introduced a series of initiatives to accelerate sustainable innovation into new product development, environmental conservation, ethical standards, and social responsibility.

“Our achievement reflects the commitment and passion of our people and highlights our ongoing efforts to enhance sustainability and promote transparency across all areas of our operations, the company also said.

For more information, visit www.evocagroup.com/sustainability.

Evoca Group is a world-leading producer of professional coffee machines and vending machines for out-of-home consumption, anchored in more than 90 years of coffee and vending heritage.

Together, our broad portfolio offers a complete range of products to bring great coffee and vending products to our ~10,000 customers – serving consumers across hotels, restaurants, office buildings, public spaces, and more.

Krispy Kreme declares quarterly dividend of $0.035 per share

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Krispy Kreme Brazil
The Krispy Kreme logo

CHARLOTTE, N.C., USA – Krispy Kreme, Inc. has announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend was declared on September 13, 2024, and will be paid on November 6, 2024 to shareholders of record on October 23, 2024.

Krispy Kreme’s spicing up of Pumpkin Spice Season goes “next level” this weekend when the brand returns its fall-favorite Pumpkin Spice Original Glazed® doughnut for three days only, Friday through Sunday, Sept. 20-22.

In celebration of fall’s “official” arrival Sunday, Krispy Kreme will make it a pumpkin spice three‑day weekend – Pumpkin Spice Original Glazed doughnuts available by the dozen and individually in‑shop and for pickup or delivery via Krispy Kreme’s app and website.

To further sweeten the weekend, guests can receive an Original Glazed dozen for just $2 with the purchase of any dozen at regular price at participating shops, limit 2 per customer in‑shop and limit 1 online for pickup or delivery via Krispy Kreme’s app and website using promocode “BOGO2.”

“People love our Pumpkin Spice Latte and Cake doughnut, but Pumpkin Spice Season is not complete without the incredible Pumpkin Spice Original Glazed doughnut. These are the only three days our famous PSOG will be offered, so visit Krispy Kreme this weekend for the ultimate pumpkin spice experience,” said Dave Skena, Krispy Kreme Global Chief Brand Officer.

Krispy Kreme’s Pumpkin Spice Original Glazed doughnuts also will star Saturday in New York City at ChainFEST, a food festival/pop-culture experience that celebrates casual cuisine and culture, attracting more than 10,000 food lovers at Randall’s Island Park. For information, visit ChainFEST.com.

Ellianos Coffee signs first store deal in Tennessee

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Ellianos Coffee
The Ellianos Coffee logo

LAKE CITY, Fla., USA – Ellianos Coffee, a southeast-based drive-thru specialty coffee brand, has announced the signing of a new development agreement for a store in Murfreesboro, Tennessee. This marks a significant milestone for the company as it enters its fifth state, further solidifying its position as a rising star in the specialty coffee industry.

Founded in 2002, Ellianos Coffee has experienced remarkable growth, particularly in recent years. The company currently operates 56 stores, mostly located in Southern Georgia and Northern Florida. The brand has also established a presence in Alabama and has a store in development in North Carolina.

Ellianos Coffee has distinguished itself in the competitive drive-thru coffee industry by offering a Southern twist on traditional coffee shop fare.

The brand’s menu features a wide array of rich and flavorful items that cater to different tastes. One of their standout offerings is the popular Southern grit bowls, which have become a customer favorite and exemplify the company’s commitment to infusing local flavors into its menu.

In addition to its signature coffee blends, Ellianos offers an extensive menu of specialty coffee drinks, smoothies, and food items.

The brand’s Signature Creations, such as the Caffe Dolce Latte and the iced Tuscany Toffee Latte, have garnered a loyal following. The menu includes fruit smoothies, Red Bull Rushes, teas, and shakes for non-coffee drinkers. Breakfast options like New York-style bagels and hearty breakfast sandwiches are also offered.

Over the past year, Ellianos has seen significant growth, expanding its footprint in Florida and Georgia and offering territories in other states. The brand continues to seek franchisees for territories in Alabama, Tennessee, South Carolina, and North Carolina.