Hario’s V60 Coffee Dripper Suiren transforms daily brew into special moment

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August 20, 2024

HARIO SUIREN — HARIO Suiren (photo provided)

TOKYO, Japan – HARIO CO., LTD., headquartered in Chuo Ward, Tokyo, a Japanese heatproof glass manufacturer that produces and sells V60 Coffee Dripper, has released the first-ever assembly-type coffee dripper called SUIREN.

In this novel concept, HARIO removed the walls between the ribs, which are the main feature of the V60 Coffee Dripper, and created a dripper that consists only of petal-like ribs. These petal-like ribs are available in 6 different colors sold separately, allowing customers to assemble them like blocks to create their own unique colorful dripper.

Users can customize the colors to match national flags, their favorite themes, or sports teams, resulting in over a billion combinations.

SUIREN has inherited the basic structure of the V60 Coffee Dripper and maintains the taste of coffee customers get with HARIO quality.

The name “SUIREN” comes from the product’s resemblance to a water lily flower. Users can brew coffee as if arranging flowers in a vase, making it a delightful addition to their cafe or home decor. SUIREN will make them want to brew a cup of coffee as soon as they get their hands on it.

A video of SUIREN can be seen here.

HARIO was founded in 1921 as a manufacturer of laboratory products made of heatproof glass. HARIO owns the only heatproof glass factory in Japan and manufactures a broad range of products that make people’s daily lives happier and richer, including the V60, traditional coffee brewing tools such as syphons and French presses, tea items, and kitchen utensils.

Löfbergs wins Great Taste Award in the UK for its Single Origin Brazil coffee

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August 20, 2024

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KARLSTAD, Sweden – Sweden-based coffee roaster Löfbergs has won the Great Taste Award in the UK for its Single Origin Brazil coffee. According to Löfbergs’s CEO Anders Fredriksson, the award is of essential importance for the family-owned company.

“Great taste is a cornerstone in our offering, which is why this award is highly appreciated. It shows that we succeed in our ambition to source and produce high-quality coffee, and pave the way for increased sales in all our markets,” says Anders Fredriksson, CEO of Löfbergs.

The Great Taste Award is one of the world’s largest and most trusted food and drink accreditation scheme. It is presented by The Guild of Fine Food, which judges and recognises products in the food and beverage industry with help from its panel of over 500 experts.

Löfbergs: Continued growth in the UK

Löfbergs’ big breakthrough in the UK came in 2022 when Tesco, the nation’s largest retailer, started selling Löfbergs in its stores, and the brand has since seen substantial growth.

“The response has been very positive, and we have great opportunities to keep growing in the UK,” says Anders Fredriksson.

Löfbergs was founded in 1906 in Karlstad, Sweden, and is now one of the largest family-owned coffee roasters in the Nordic countries. The company started exporting coffee in 1993, and every second cup is sold outside of Sweden today.

Starbucks celebrates five years of coffee and connection in Cayman Islands with a commitment to sustainability

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August 20, 2024

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The Starbucks logo

GEORGE TOWN, Cayman Islands – Starbucks Cayman Islands, operated by licensed retail operator Caribbean Coffee Traders Limited (CCTL), is proud to celebrate five years of delivering an exceptional coffee experience to Cayman customers by reaffirming its commitment to a greener future. The company has announced the certification of its first Greener Store in Cayman Islands, Starbucks Camana Bay, as the company accelerates the international expansion of its open-source Greener Store Framework intended to reduce global carbon emissions, water usage and waste sent to landfills by 50% by 2030.

The store will help reduce Starbucks environmental impact by providing customers with a range of options suited to their preferences while ensuring sustainable practices and materials.

The Cayman Islands Greener Store responsibly adheres to the Starbucks Greener Store Framework through a more efficient use of resources, including water waste management, use of responsible materials and sustainable waste management techniques. The store is designed to reduce up to 40% water waste, create over 10% store level energy efficiency using 100% LED lighting, and emit less toxins with low embodied carbon materials. In addition, the store will donate 100% of its coffee grounds through the Grounds for Your Garden Program.

Since opening its first store in Camana Bay, Grand Cayman, in 2019, Starbucks has provided customers with a warm and welcoming atmosphere to enjoy a cup of coffee with friends and family, forming moments of connection over high-quality Arabica coffee grown across the world. Today, 19 partners (employees) proudly wear the green apron in Cayman Islands, embodying Starbucks Mission and Values.

CCTL has expanded with an additional store in George Town operating through its subsidiary CCB Cayman, led by Ian Dear, Chief Executive Officer and franchise operator of Margaritaville Caribbean Group, Adam Stewart, Executive Chairman of Sandals Resort International, and local business partner, Jason Brown. Beyond the Cayman Islands, CCTL and Margaritaville Caribbean Group have expanded to four additional markets in Latin America and the Caribbean, operating Starbucks stores in Jamaica, Barbados, Panama and Turks and Caicos, with a total of 38 stores across the region.

“We are proud to celebrate five years serving our customers in Grand Cayman and are honoured to be the ‘Third Place’ they come to share moments of connection over a cup of coffee,” said Roxanne Dixon-Rose, Regional Director of CCB Cayman Limited. “As we look to expand in the market, we are committed to continuing to elevate the Starbucks Experience, provide more job opportunities and training for partners, and fulfil our environmental promise – giving more than we take from the planet we share.”

Reflecting on five years of operations in Cayman Islands, the company has partnered with non-profit organizations such as the Cayman Islands Meals on Wheels, Save Our Youth Foundation, Rotary Club of Grand Cayman Sunrise and CAYS Foundation, with the aim of creating lasting impact through local partnerships. CCB Cayman Limited plans to expand within the Cayman Islands over the next years, anticipating the opening of its third store in 2025.

Monster Beverage Board authorizes $500 million share repurchase program

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August 20, 2024

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Monster Beverage Corporation logo

CORONA, Calif., USA – Monster Beverage Corporation announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to an additional $500.0 million of the Company’s outstanding common stock. As of August 19, 2024, no amount remained available for repurchase under the Company’s previously authorized repurchase program.

The Company expects to make the share repurchases from time to time in the open market, through privately-negotiated transactions, by block-purchase or through other transactions managed by broker-dealers, or otherwise, subject to applicable laws, regulations and approvals.

The timing of the share repurchases will depend on a variety of factors, including market conditions, and the share repurchases may be suspended or discontinued at any time.

On August 7th, 2024, Monster Beverage Corporation reported financial results for the three- and six-months ended June 30, 2024

Net sales for the 2024 second quarter increased 2.5 percent to $1.90 billion, from $1.85 billion in the same period last year.

Net sales for the six-months ended June 30, 2024 increased 6.9 percent to $3.80 billion, from $3.55 billion in the comparable period last year. Net changes in foreign currency exchange rates had an unfavorable impact of $132.0 million on net sales for the six-months ended June 30, 2024. Net sales on a foreign currency adjusted basis increased 10.6 percent in the six-months ended June 30, 2024.

Gross profit as a percentage of net sales for the six-months ended June 30, 2024 was 53.9 percent, compared with 52.7 percent in the comparable period last year.

Operating expenses for the six-months ended June 30, 2024 were $977.5 million, compared with $863.2 million in the comparable period last year.

Operating income for the six-months ended June 30, 2024 increased to $1.07 billion, from $1.01 billion in the comparable period last year.

Dr Pepper kicks-off college football season with the return of ‘Fansville’ and a collaboration with fashion designer Nigel Xavier

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August 20, 2024

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FRISCO, Texas, USA – On August 19, 2024, Dr Pepper announced season seven of Fansville, the popular satirical episodic drama set in a fictional college town. Releasing the first two all-new episodes today, “Into the Great Unknown” and “Hype Train,” this season delves into the latest conversations and trends in college football, highlighting the uncertainties for what is to come following significant changes to the sport. Additionally, the brand will be bringing the passion and expressions of fans to life by teaming up with emerging fashion designer Nigel Xavier to create one-of-a-kind Dr Pepper-inspired football outfits throughout the season.

Season seven of Fansville draws from major shifts in college football, including the 12-team playoff expansion, the new two-minute warning rule, and the conference realignments. The first episode, “Into the Great Unknown,” captures the excitement and changes of the season and teases the brand’s NIL partnership with Texas Longhorns quarterback Quinn Ewers, while the second episode, “Hype Train,” examines the media buzz around overhyped teams, reflecting on last season’s excitement over the “Colorado Hype Train.” These episodes encapsulate the hope and anticipation at the start of the season.

Airing nationally beginning August 26th, the third installment of season seven of Fansville titled “Call for Backup” will feature Quinn Ewers as he brings his unique charisma and on-field prowess to Fansville marking the first time Dr Pepper has teamed up with a Texas-based athlete, a notable nod to their shared Texas heritage. This episode cleverly mirrors the excitement surrounding Quinn’s own journey, as he leads the Longhorns with one of the most-watched rising talents right behind him.

“Dr Pepper is ingrained in college football, woven into the culture and fandom surrounding the sport,” said Andrew Springate, Chief Marketing Officer for Keurig Dr Pepper. “It’s been a tremendous year for our brand as we continue to break barriers and hit new milestones of growth within our category. As we mark Dr Pepper’s 10th anniversary of becoming the Official Sponsor of the College Football Playoffs, we welcome the new changes energizing the game, as it provides us with even greater opportunities to engage with both new and long-term fans, celebrating new beginnings while embracing the traditions of fandom together.”

Fansville season seven also unveils the first piece from Dr Pepper’s college football collection with Nigel Xavier, known for his innovative patchwork and textile manipulation and as last season’s winner of Netflix’s Next in Fashion. Featured in the “Hype Train” episode on the fan-favorite character Logan, the exclusive Dr Pepper x Nigel Xavier jacket is the first of many iconic pieces set to be revealed throughout the 2024/2025 season.

“As a former high school football athlete, this partnership is special to me as it combines two of my true passions – Dr Pepper and football – making this collaboration a natural fit,” said fashion designer, Nigel Xavier. “I am excited to channel my passions and talent to create custom pieces that resonate with athletes and fans. The intersection of fashion and sports has always been a great source of inspiration for me, and I can’t wait for everyone to see what we’ll create throughout this season.”

The Dr Pepper x Nigel Xavier Fansville jacket will exclusively drop on Dr Pepper Perks, the brand’s rewards program designed to provide consumers with a host of rewards, on November 1, 2024 for fans to enter for a chance to win.*

The 2024 Dr Pepper Fansville campaign spots will air throughout the college football season on ESPN, CBS, and FOX. Fansville will also appear across digital, radio, OOH advertising, as well as on Dr Pepper social media platforms throughout the season.

To view the official Fansville trailer, please visit Youtube.com/DrPepper.

Coffee futures prices rallied last week on frosts in some areas of the Brazilian Arabica coffee belt

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August 19, 2024

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The ICE logo

MILAN – The past week has been a turbulent one for the coffee futures markets, with reports of localised frosts in the Brazilian coffee belt in in the early hours of Sunday 11 August. Of concern is not only the frost that occurred earlier in the week, but also the ongoing drought that is causing severe water stress to the crop.

The drought could lead to premature flowering on coffee trees, reducing yields for the 2024/25 coffee crop. Frost recorded in limited areas of São Paulo (Mogiana), Cerrado Mineiro and even southern Minas Gerais triggered sharp rises on both exchanges on Monday 12 August.

It was later ascertained that the frosts were minor and would not have a significant impact on production, leading to sharp falls on Tuesday. However, on Wednesday the 13th, prices began to rise again, helped by the strength of the Brazilian currency.

In the space of three days, New York‘s December contract gained 6.6%, closing on Friday the 16th at 244.10 cents, its highest level since the second ten days of July. Similarly, London’s coffee futures for November delivery appreciated by 6.3% to end the week at $4,452, not far from the highs seen in the first ten days of July.

This trend is justified by concerns about frost, but also about the effects of the cold snap, which will only be fully assessed when the bloom sets in.

As mentioned above, the drought, which has now lasted for four months, is also worrying the markets. Such a long period without rain could indeed affect the production potential of the next harvest.

Meanwhile, Safras & Mercado reports that the 2024/25 crop is now 96% complete. According to S&M analyst Gil Barabach, the market remains firm, but potentially subject to adjustments driven by new data on fundamentals.

“Anticipation is growing for the next harvest in Brazil,” Barabach explains in an analysis, ‘the first conilon blooms are being recorded in Espírito Santo and we await the return of rain in Minas Gerais and the flowering of Arabicas in September and October.

In other news, the Ugandan Coffee Development Authority UCDA have reported that their country’s coffee exports for the month of July were 170,320 bags or 26.15% higher than the same month last year, at a total of 821,593 bags.

Uganda Robusta exports registered a 22.16% increase when compared to the same month last year, to total 722,444 bags and Arabica exports registered a comparative 17.92% decrease when compared to the same month last year to total 49,149 bags exported in July 2024.

DS Smith partners with Versuni on innovative packaging for the Philips Baristina coffee machine

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August 19, 2024

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LONDON, UK – International packaging company DS Smith is partnering with Versuni to create an innovative packaging solution for their Philips Baristina coffee machine. “We have partnered with Versuni, a leading home appliance company, to create an innovative, sustainable, fibre-based packaging solution for their recently launched Philips Baristina coffee machine,” says the company in a release.

The fibre-based and bespoke packaging solution is designed to be recycled and recyclable, and there are no plastic bags within the box. The packaging also features corrugated buffers treated with an innovative anti-scratch coating to prevent external blemishes.

The concept was expertly designed by the experienced teams at DS Smith and Versuni to create a captivating ‘unboxing’ experience. The coffee machine is elegantly presented at the centre, allowing consumers to immediately connect with the bold visuals and captivating artwork when browsing in-store or online.

“Consumer trends and expectations are fast moving and in keeping with desires for sustainable packaging we designed this product solution with an objective to create a high-end visual impact for the shelf and online.” commented Thoran Ottens, Divisional Key Account Manager, Electronics, DS Smith

Designers applied the unique industry-first Circular Design Metrics (CDM) tool to measure the overall performance of the packaging solution for Versuni’s Philips Baristina coffee machine.

The tool enables to rate the impact of a packaging design across eight key performance indicators, including recyclability, renewable content, and supply chain optimisation.

illy introduces“Crema” to North American cafés

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August 19, 2024

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NEW YORK, NY, USA – illy announces the North American release of one of their best-selling European offerings, the illy Crema. More commonly known as crema di caffè, illy Crema is a frozen, blended Italian coffee recipe that combines the richness of illy’s classic espresso with the flavors of a sweet soft serve.

Available now in the U.S., illy Crema is being tested at five major illy cafés. It will be rolled out to additional franchise locations by the end of the year.

Customized exclusively for the U.S. market, the SP1 Machine Granitori will be featured at illy locations in: One World Trade Center, New York City, NY; Merchants’ Square, Colonial Williamsburg, VA; Atlantic Station, Atlanta, GA; Tampa International Airport, Tampa, FL; and The Palazzo, Las Vegas, NV.

The new-to-North America offering will be available for purchase year-round.

“illy Crema has been a great success in Europe, and we’ve had many requests to launch it in the U.S. We expect this unique product and offering to be a significant element of differentiation for illy in the U.S. market,” said Jack Edwards, President of illy North America.

Exclusively designed for serving crema in the United States, we are extremely happy to be testing this machine in our first five locations. We are excited for the future.”

Featured in each of the five U.S. locations, the SP1 Machine Granitori is the key to creating the “taste-it-to-believe-it experience” that is illy Crema. Proven to be one of the most popular illy offerings in Europe, the illy team is excited to bring this exciting offering to U.S. consumers.

Scooter’s Coffee ranks on Inc. 5000 for the 5th time

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August 19, 2024

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Scooter's Coffee logo

OMAHA, Neb., USA – Scooter’s Coffee, LLC, a drive-thru coffee franchise business, is recognized as one of the fastest-growing companies by Inc. Magazine. The brand snagged the No. 2494 spot on the Inc. 5000 list for 2024, putting Scooter’s Coffee in the top 50% of growing companies across the nation.

The prestigious list ranks private companies based on their percentage of revenue growth over the previous three years. This is the fifth year the brand is recognized on this prestigious list.

“We have been strategically growing for the last five years. When our franchisees are successful, our growth excels. That leads to our franchisees opening more stores and invites new franchisees to want to join the brand,” said Scooter’s Coffee CEO Joe Thornton.

“With every new franchise agreement, we’re helping provide entrepreneurial success and legacies, redefining the drive-thru coffee experience and setting the standard for the industry.”

While based in Omaha, Nebraska, Scooter’s Coffee drive-thru coffee kiosks are spreading across the country. The brand reached a milestone this year with 800 stores now open nationwide. In the second quarter of 2024 alone, Scooter’s Coffee signed nearly 30 new franchise agreements.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief.

“To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

Scooter’s Coffee specializes in artisan espresso drinks, fruit smoothies, and baked-from-scratch pastries and is known for its fast, friendly, service.

La Madeleine inks deals for 3 new cafés in Florida, Tennessee and Texas

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August 19, 2024

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DALLAS, USA – French café and bakery brand la Madeleine has signed agreements with three franchise groups to develop three new la Madeleine locations in Florida, Tennessee and Texas over the next three years.

The three new franchise groups and their development plans are:

Orlando, Florida: Multi-national, multi-unit franchisee group Pieocentral LLC plans to expand its presence in the Greater Orlando market with its first la Madeleine restaurant, slated to open in the summer of 2025. Led by Alvaro Diez and Madeleine Gorrin, the group oversees more than 400 establishments spanning QSR, fast-casual, coffee shops, fine dining and bars in Orlando and across the U.S., Colombia, Panama, Puerto Rico and Venezuela.
Nashville, Tennessee: The Bearup Group Inc. plans to bring the la Madeleine brand to the Nashville area with the café’s franchised location set to open in Mt. Juliet. Led by Rick Bearup, the team plans to open the café in the third quarter of 2025. With nearly 30 years of experience in the airline industry, most as a flight attendant, Bearup says he looks forward to continuing in the service and hospitality industry as an entrepreneur in restaurant franchising.
Galveston, Texas: Royal Crown Enterprise plans to introduce the brand in Galveston, with plans to open a café in the area in the summer of 2025. Franchisee Mohamed Eldawy, who came to the U.S. from Egypt in 2011 to pursue his American dream, looks forward to introducing classic French flavors to his local community.

“As we expand across the country, we want to partner with franchise groups that demonstrate the passion, expertise and commitment needed to introduce our high-quality and classic French fare to new cities nationwide,” said la Madeleine Chief Operating Officer Christine Johnson. “We know that Alvaro, Madeleine, Rick and Mohamed are highly dedicated to our concept and will represent la Madeleine well to new guests in Orlando, Nashville and Galveston.”

Founded in Dallas in 1983, la Madeleine has since grown to over 90 locations across the United States and internationally, each with its own unique charm. Each café serves approachable French cuisine made with simple, fresh ingredients and time-honored recipes.

“We are expanding again across the U.S. on the strength of our approachable French cuisine concept, and we welcome new entrepreneurs seeking growth opportunities to join our brand,” said la Madeleine Senior Director of Franchise Development Mark Ramage. “As we introduce our franchise concept to the next wave of business owners, we create opportunities for new guests to visit our cafés and attract potential franchise candidates who can deliver exceptional dining experiences in new markets.”

La Madeleine is currently seeking entrepreneurs with restaurant industry experience to expand the brand’s presence throughout North America. To learn more about franchising with la Madeleine, go to www.lamadeleine.com/franchise.

Hario’s V60 Coffee Dripper Suiren transforms daily brew into special moment

Löfbergs wins Great Taste Award in the UK for its Single Origin Brazil coffee

Löfbergs: Continued growth in the UK

Starbucks celebrates five years of coffee and connection in Cayman Islands with a commitment to sustainability

Monster Beverage Board authorizes $500 million share repurchase program

On August 7th, 2024, Monster Beverage Corporation reported financial results for the three- and six-months ended June 30, 2024

Dr Pepper kicks-off college football season with the return of ‘Fansville’ and a collaboration with fashion designer Nigel Xavier

Coffee futures prices rallied last week on frosts in some areas of the Brazilian Arabica coffee belt

DS Smith partners with Versuni on innovative packaging for the Philips Baristina coffee machine

illy introduces“Crema” to North American cafés

Scooter’s Coffee ranks on Inc. 5000 for the 5th time

La Madeleine inks deals for 3 new cafés in Florida, Tennessee and Texas

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