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ADIA Nutrition announces strategic expansion of Biolete Coffee to Amazon

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Biolete Coffee ADIA
Biolete Coffee (photo provided)

WINTER PARK, Florida, USA – ADIA Nutrition Inc., an innovator in the nutritional supplement industry, is excited to announce the approval of their very own Biolete Coffee on the global e-commerce giant, Amazon(Amazon.com: The Mushroom Coffee with 10 Grams of Protein by Biolete Premium Coffee Extract with Collagen, Chaga, Lions Mane & L-Theanine 20 Servings : Grocery & Gourmet Food). This strategic move marks a significant milestone in ADIA Nutrition’s mission to make high-quality, health-conscious products easily accessible to consumers nationwide.

Biolete Coffee, a unique blend of organic protein and mushroom extracts, has been making waves in the health and wellness community since its acquisition by ADIA Nutrition earlier this month. The product’s innovative approach to combining the benefits of protein and mushrooms in a delicious caffeinated beverage has garnered praise for its ability to increase energy without the crash of energy drinks.

“We are excited to partner with Amazon to bring Biolete Coffee to a wider audience,” said Larry Powalisz, CEO of ADIA Nutrition Inc. “Amazon’s global reach and reputation for providing a seamless shopping experience make it the perfect platform to introduce Biolete Coffee to consumers looking for a convenient and delicious way to prioritize their health.”

The decision to list Biolete Coffee using FBO (fulfilment by Amazon) and being a “Prime Product” on Amazon comes after extensive research and planning, with ADIA Nutrition working closely with Amazon’s team to ensure a smooth and successful launch.

The company is confident that the product’s unique offering, combined with Amazon’s vast customer base, will drive significant growth and further establish Biolete Coffee as a leader in the health and wellness space.

“We are committed to making Biolete Coffee a household name,” added Powalisz. “Listing on Amazon is a crucial step in achieving that goal, and we are eager to see the positive impact it will have on our customers and our business. We have already shipped our product to Amazon fulfillment centers nationwide, which demonstrates our dedication to expanding our nutritional division and making Biolete Coffee accessible to as many people as possible as soon as possible.”

Coffee markets rallied yesterday on weather woes in Brazil, a new cold wave is coming this morning

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ICE coffee arabica robusta futures EUDR Intercontinental Exchangemarkets futures London prices exports CRSP amendments Vietnam NYSE Exchange Arabica Arabica robusta Sucden coffee market
The ICE logo

MILAN – Weather news from Brazil led to a rally in the coffee markets yesterday, Monday 12 August. The New York contract for September delivery closed up 680 points at 240.85 cents, after hitting an intraday high of 249.45 cents. The most active contract for December delivery gained 830 points ending at 238.55 cents.

September Ice Robusta coffee appreciated (September) by 4.8 percent (+$206) to settle at $4,532. The contract for November delivery gained $197 ending the day at $4,359.

Experts say that the frosts that affected some localised areas of Brazil’s coffee belt were light with no resemblance to the last major frost event in 2021 that destroyed hundreds of hectares of plantations.

According to Rural Climate, however, a new wave of intense cold is expected to hit coffee-growing areas in the morning of Tuesday, 13 August.

This day has been indicated from the beginning, by some meteorologists, as the as the most risky for the crops, and it is feared that the damage could be even greater this time.

The low temperatures would pose a further threat to the coffee trees, adding to the stress already caused by the prolonged drought.

According to Safras & Mercado, almost 92% of the new Brazil coffee crop had already been harvested, as of the 6th August 2024, compared to 86% last year.

Based on the new forecast for a crop of 66.04 million bags, about 60.76 million bags of the new crop coffee have been harvested so far, of which 20.50 million bags of Robusta coffee, whose harvesting is virtually completed (99%), and approximately 40.26 million bags of Arabica (88%).

Meanwhile, from Vietnam comes the export figures for July, which grew by 12.4% last month compared to a year ago to 1,283,033 bags.

In the first seven months of the year, exports totalled 16,322,550 bags, down 9.7% from the same period last year.

During the first 10 months of the 2023/24 coffee year, exports amounted to 22,224,532 bags, down 12.65% compared to the same period in 2022/23.

Dimitra with Alkaff to streamline EUDR Compliance in italian coffe industry

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dimitra
Dimitra logo

CATANIA, Italy – Dimitra, a leading blockchain-based operating system for agricultural technology, has today onboarded Alkaff, a Sicily based international green coffee trading corporation, to its EUDR Due Diligence Service (DDS) platform to ensure compliant coffee supplies in Italy. This platform utilizes artificial intelligence (AI) and blockchain technology to acquire and analyze farmer data and ensure market compliance with the upcoming European Union Deforestation Regulation (EUDR), set to take effect at the end of 2024.

Dimitra in partnership with Alkaff

Reducing the burden of data management for green coffee traders, roasters and merchants in Italy, Dimitra’s DDS platform receives, manages, analyzes and stores supply chain data for seamless communication with authorities and other supply chain operators.

Once a supply chain is fully mapped, Dimitra’s DDS will automatically prepare a Risk Assessment and Due Diligence Report and upon user confirmation upload all required data to the EU Information System, documenting compliance. Dimitra’s DDS platform can act as a stand alone system or be fully integrated into any third party Enterprise Resource Planning (ERP) environment.

Alkaff logo

Alkaff will employ Dimitra’s tailored DDS platform and engage Dimitra’s leading industry experts to map Alkaff’s expansive supply chain, support Alkaff suppliers in farm-level data acquisition, and analyze the data provided by the suppliers to ensure a transparent, traceable, and EUDR compliant supply chain. Dimitra will integrate fully into Alkaff’s software environment and also deliver traceability data directly to Alkaff’s customer-facing application.

Maurizio Zugna, Dimitra, Italy Project Manager, said: “For Alkaff, the largest coffee merchant in Italy, to make this decisive step towards EUDR compliance proves once again that Rudi Albert, the company CEO, and his team understand the opportunities that come with the digitalization of global coffee chains. Dimitra’s platform digitalizes the process making compliance that much more achievable.”

Rudi Albert, CEO and Founder of Alkaff, said: “At Alkaff we pair our passion for coffee with a dedicated focus on innovation. We are excited to streamline EUDR compliance with Dimitra’s advanced tools and origin experience.”

McCafé announces launch of compostable capsules for Nespresso Original Coffee Machines in Canada

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McCafé
McCafé announces the launch of a new line of Espresso Coffee Capsules for use in Nespresso Original Coffee Machines (CNW Group/McDonald's Canada)

TORONTO, Canada – McCafé announces the launch of a new line of Espresso Coffee Capsules for use in Nespresso®* Original Coffee Machines. These capsules are commercially compostable through a program with TerraCycle®†. Crafted to provide a smooth, balanced flavour and luxurious crema, McCafé Espresso Coffee Capsules are made from a blend of Rainforest Alliance Certified Arabica beans.

The McCafé Espresso Coffee Capsules come in a range of intensities to cater to different preferences, delivering the perfect cup of coffee each time. From the sweet caramel notes of the light roast, to the chocolate and hazelnut notes of the medium roast, to the silky dark chocolate and roasted almond notes of the dark roast, the three roasts available will offer something for every palate.

“With the launch of the new commercially compostable Espresso Coffee Capsules, McCafé continues to raise the bar in the Canadian coffee market,” said Jeff Kroll, Chief Strategy Officer and SVP at McDonald’s Canada. “We are delighted to introduce the delicious taste and quality of McCafé coffee to a broader group of Canadians through an innovative format compatible with Nespresso®* Original Coffee Machines.”

The new McCafé Espresso Coffee Capsules can be commercially composted, and the flexible bags in which they are packaged can be recycled, using the McCafé Free Composting & Recycling Program offered by TerraCycle. To participate in the free mail-back program, consumers will need to sign up and create an account on the TerraCycle website to download a free shipping label.

The new Coffee Capsules are now available for purchase at participating retailers nationwide.

*Made for Nespresso® Original Coffee Machines.
Not affiliated or endorsed by Société des Produits Nestlé S.A., owner of the Nespresso® trademark.

†Dedicated mail-in program available in Canada, excluding Yukon, Nunavut and the Northwest Territories. Learn more at www.terracycle.ca/mccafe

Rainforest Alliance Certified coffee. Find out more at ra.org

Krispy Kreme reports second quarter 2024 net revenue of $438.8 million, up 7.3%

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Krispy Kreme Brazil
The Krispy Kreme logo

CHARLOTTE, N.C., USA – Krispy Kreme, Inc. reported financial results for the quarter ended June 30, 2024. “Krispy Kreme had another strong quarter as our fresh doughnuts are becoming even easier to purchase and more available globally,” said Josh Charlesworth, CEO.

“Our innovative specialty doughnut collections continue to resonate with consumers and drove increased Delivered Fresh Daily (“DFD”) and digital sales in the quarter.”

“Our points of access also grew, and we’re excited about upcoming launches in Germany, Brazil, and our recent announcements of entries into Spain and Morocco,” continued Charlesworth.

“In the U.S., our profitable nationwide expansion is accelerating as we grow with existing customers and add new national partners. This includes the nationwide rollout to McDonald’s, starting this fall in the Midwest with Chicago.”

“The recent sale of a majority stake in Insomnia Cookies allows us to focus on our core strategy of producing, selling, and distributing fresh doughnuts daily whilst also further improving our financial profile,” he said.

Krispy Kreme: Second Quarter Highlights (vs Q2 2023)

  • Net revenue grew 7.3% to $438.8 million
  • Organic revenue grew 7.8% to $440.2 million
  • GAAP net loss of $4.9 million ($5.5 million net loss attributable to KKI)
  • Adjusted EBITDA grew 12.1% to $54.7 million, Adjusted EBITDA margin up 60 basis points year-over-year
  • GAAP operating cash flow of $33.2 million
  • Global Points of Access (“POA”) increased 2,981, or 23.2%, to 15,853

2024 Financial Guidance

Krispy Kreme provides the following guidance update for the full year 2024 (vs FY2023) solely to reflect the recent sale of a majority ownership stake in Insomnia Cookies, which closed on July 17, 2024.

  • Net Revenue of $1,650 to $1,685 million
  • Organic Revenue growth of +5% to +7%
  • Adjusted EBITDA of $215 to $220 million
  • Adjusted Diluted EPS of $0.24 to $0.28
  • Income Tax rate between 28% and 30%
  • Capital Expenditures of 7% to 8% of net revenue
  • Interest Expense, net of $55 million to $60 million

The Company expects net leverage to trend towards 3.5x by year end, as we make progress towards our 2026 goal of approximately 2.0x to 2.5x net leverage.

Tim Hortons restaurants across Alberta launch fundraising donut supporting the Canadian Red Cross 2024 Alberta Wildfires Appeal

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Tim Hortons Smile
Tim Hortons logo

TORONTO, Canada – Starting August 12, 2024, and through Aug. 18, Tim Hortons restaurants across Alberta are offering guests a fundraising donut for $2 with 100% of the proceeds, excluding taxes, being donated to the Canadian Red Cross 2024 Alberta Wildfires Appeal.

“Local Tim Hortons restaurant owners have been donating food and beverages to first responders and evacuation centres since the heartbreaking wildfires first broke out in Jasper, and right across Alberta, Tims owners have wanted to lend their support,” said Jason Gash, General Manager of Western Canada for Tim Hortons.

“The Tim Hortons brand has always been rooted in supporting communities and we’re so proud of how guests rally with us during our charitable campaigns so we can support important causes together. We invite Albertans to join us today through Aug. 18 so we can all continue to raise funds for the Canadian Red Cross.”

Donations can also be made online at www.redcross.ca or by calling 1-800-418-1111. The Government of Canada and the Government of Alberta will match every dollar donated by Canadians to the Canadian Red Cross 2024 Alberta Wildfires Appeal.

“We are very grateful for the generosity of Tim Hortons and its customers,” said Amy Avis, Chief of Emergencies, Canadian Red Cross.

“The needs of the people impacted by the wildfires that destroyed many parts of the Jasper area will continue to emerge in the weeks and months ahead. The Red Cross is committed to working with the community of Jasper, Indigenous leadership, and all levels of government to help individuals and families as they recover.”

Jackie Siegel unveils Queen of Versailles Coffee

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Jackie Siegel
Queen Of Versailles Coffee from Acatenango Region, Guatemala (picture provided)

MIAMI, USA – Jackie Siegel has officially launched Queen of Versailles Coffee for international sales of her premium connoisseur coffee. The philanthropist and entrepreneur, along with brand partner Michael Glovaski, founded the line with the mission of offering a master reserve selection of naturally cultivated coffee beans from the volcanic soil of the Acatenango region of Guatemala.

“Unique and delectable, each package of the coffee produces incredible servings for the high-end consumer to enjoy individually or as the perfect gift item” says the company. Variety servings come in canister packages meticulously designed in a luxurious style or two-serving packages shaped like a designer handbag.

Queen of Versailles Coffee is grand to sip and each limited reserve unit comes with an exclusive number branded by a master blender that identifies a batch of origin from the brand’s private family finca.

Coffee beans are hand-picked, naturally cultivated in beds of ancient volcanic soil, and roasted to perfection. Produced from a perfect mixture of fertile volcanic soil and at a high elevation harvest at 5,000 feet, this rare coffee variety produces a delicate profile that is cherished by avid coffee drinkers around the world.

Brand quality is elevated with an outstanding process that permits each variety to distinctly reflect their characteristics. Handpicked Bourbon beans are washed and then let to naturally sun dry on the ground’s patio while the Geisha beans are dried with their natural honey found in the cherry. Meanwhile, the Pacamara variety is processed with a method called natural where the beans are left in their cherries which are super matured and dry naturally in the sun. All this is executed to extract the best of the aromas from each variety. The process results in a product that is malt-free as well as free from chemicals and additives all yielded from a sustainable farm environment.

Jackie Siegel (photo provided)

Queen of Versailles Coffee is a recognizable and highly sought-after brand synonymous with Siegel who is a leading business woman known from the award-winning documentary “The Queen of Versailles.”

She has appeared on hundreds of media pages and countless television programs that have profiled her viable presence in society and culture throughout the years. Her continued soaring popularity has now even attracted the theater community, with Kristin Chenoweth channeling Siegel in a brand-new, well-received musical that portrays her captivating real-life story.

Beginning with this new venture in the world of coffee connoisseurship, Queen of Versailles Master Italian Master Blender Matteo Drocco has already successfully showcased the brand at sensational tastings, bringing in fans from every corner of the world. Drocco has created the perfect balance of purity in the Medium Blend roast and a strong, non-acidic Espresso, combining a perfect aroma for the toughest coffee connoisseur.

The philanthropist will also focus on having the brand find charitable ways to give back by sponsoring organizations in need at various events across America. A portion of sales proceeds will benefit the life-saving work of Victoria’s Voice Foundation.

Jollibee’s Jolly Merch Shop heats up the end of summer

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jollibee SmartSense
Jollibee logo

WEST COVINA, Calif., USA – Global restaurant brand, Jollibee, recently crowned “best fast food fried chicken” in America by USA TODAY, is excited to announce the launch of its second merchandise collection, celebrating the joyful spirit of summertime. Starting today, fans can treat themselves to a fresh selection of new merch items on Jollibee’s Jolly Merch Shop, which will be followed by an exclusive second “drop” on August 26.

The new collection not only features an array of hot and hip branded clothing and accessories, including an adorable Toddler-sized Mascot tee for Jollibee’s littlest fans, as well as a stylish new category just for dogs.

Known for its Jolly Crispy Chicken, chicken sandwiches and Peach Mango Pie, Jollibee invites customers (and canines!) of all ages to round out the summer season in style.

Boasting more than 8 new products, this latest collection truly offers something for everyone – whether they’re hosting a barbeque, lounging by the pool, walking their pooch or planning a last-minute road trip to beat the heat. The new collection is exclusively available to U.S. and Canada residents, only, and prices range from $8 to $53.

New Jollibee Merch Items:

Drop 1 – August 12

  • Mascot T-shirt – Available in both Adult (S-3XL) and Toddler (2T and 4T) sizes, this classic white unisex tee features the iconic Jollibee Mascot on the front and the Jollibee logo on the back. At home or around town, now the whole family can fashionably pay homage to their favorite Jolly Bee!
  • Hardcover Journal –The perfect companion for the creative Jollibee fan, this Jollibee-printed journal is made for jotting down ideas, doodling poolside, or planning that next adventure.
  • Jolly Beach Towel – Be the coolest person at the pool with this plush, super comfy red towel. From soaking up the sun to drying off after a dip, it will ensure those last days of summer go swimmingly.
  • Jolly Keychains – Featuring two brand icons – Jollibee’s world-famous, Jolly Crispy Chicken Bucket and the beloved Jolly Bee Mascot – these keychains will keep keys stylishly organized and easy to spot when heading out for a little fun in the sun. Choose one or get both!
  • “Hungry for Jollibee” Dog Bandana – This bright red bandana lets dog owners include their furry friends in their Jollibee fandom. It’s the pawfect way to dress up the fun on a daily walk or a trip to the dog park.

Drop 2 – August 26

  • Canvas Tote Bag – Up your summer game with this classic two-color tote bag. Perfect for the beach or pool – or just to carry everyday essentials while looking effortlessly cool.
  • Jolly Keychains – Featuring two menu faves – Jollibee’s Chicken Sandwich and its Pineapple Quencher – these new styles are designed to add a tasty touch to any keyring. Can’t decide on which one? Get both!
  • Jolly Dog Bandana – This classic white version offers a jolly good option for brand fans wanting to keep their pooches looking cool during the hottest days of the year.

Black Rock Coffee Bar accelerates expansion in Houston with 19th location opening in N. Oaks

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Black Rock Coffee Bar Davis
Black Rock Coffee Bar logo

SCOTTSDALE, AZ, USA – Black Rock Coffee Bar, known for its premium roasted coffees, teas, smoothies and flavorful Fuel energy drinks, continues to expand its footprint in the Houston metro area with the arrival of a new location in N. Oaks. Set to open on August 16th, this is Black Rock’s 19th venue in Houston.

Located at 4705 FM 1960 Rd. West, Ste J, in N. Oaks, the boutique coffee chain will celebrate its grand opening by offering customers free 16-ounce drinks throughout the day at this location, with various promotions scheduled for the week.

“We are thrilled to announce the opening of our 19th shop in the Houston metro area, marking another milestone in our rapid expansion,” said Mark Davis, CEO, Black Rock Coffee Bar. “Houston has become our fastest growing region, and we are committed to bringing our unique coffee experience to even more neighborhoods. The enthusiasm and support from the community have been incredible, and we look forward to fueling more life connections with every cup.”

To enhance the guest experience, Black Rock Coffee Bar recently announced the relaunch of Black Rock Rewards, making it easier for rewards members to order and get rewarded quicker whether in-store, online, or through the new mobile app. Special offers and promotions will continue post-opening through this program.

The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design. This design philosophy is aimed at ensuring that visitors can not only enjoy their favorite beverages but also relax, work, or socialize in a laidback and inviting environment.

With 140 stores across the U.S., the popular coffee chain is set to become the go-to destination for all coffee enthusiasts seeking fast and friendly service. The skilled team of baristas at Black Rock are committed to enhancing the overall customer experience making it their mission to brighten their customers’ day. Black Rock Coffee Bar’s mission is to be a positive force in the communities it serves.

Founded in 2008 in Portland, Oregon, an area of the Pacific Northwest known for its coffee excellence, Black Rock Coffee Bar continues its rapid expansion in the West and into the Sunbelt with locations in Arizona, California, Colorado, Idaho, Oregon, Texas and Washington. The boutique coffee chain recently was named the Fastest Growing Private Company in Oregon and SW Washington in 2021 by the Portland Business Journal. In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

The Black Rock culture prides itself on providing opportunities for young people to learn how to lead, run a business, and develop people skills.

Coffee futures prices strongly higher today following news of light frosts in some Brazil areas

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ICE coffee arabica robusta futures EUDR Intercontinental Exchangemarkets futures London prices exports CRSP amendments Vietnam NYSE Exchange Arabica Arabica robusta Sucden coffee market
The ICE logo

MILAN – Coffee futures rebounded strongly this morning on reports from Brazil of isolated frosts affecting some highland areas in the Arabica coffee belt, in the states of Sao Paulo and Minas Gerais. As predicted in previous days, the frosts occurred in the early hours of Sunday, 11 August, as an unusually strong cold mass for this time of the year advanced from the south towards the central areas of the country.

Frost in coffee producing areas is generally more frequent in July. The major frost to hit coffee areas in Brazil in the second decade of August happened in 1978, according to data from local forecasters quoted by Reuters.

According to Brazilian media reports, the frost affected parts of Alta Mogiana (São Paulo) and Cerrado Mineiro, the second most important Arabica production area, while the main coffee region of South Minas was spared.

The authoritative website Noticias Agricolas quotes a coffee producer in Alta Mogiana, according to whom the impact will be less this time than in 2021.

But the damage will still be significant, as plantations that were just recovering from the damage caused by the frost that occurred three years ago.

The same source – citing the local federation of coffee producers – reports intense cold – with temperatures, in some cases, close to zero – in various micro-regions of the Cerrado Mineiro, including Rio Paranaíba, Tapira, Pratinha, Patrocínio, and Araxá.

According to the Brazilian weather services, new frosts could occur in the early hours of Tuesday 13 August, but these will mainly affect the southernmost areas of the country.

In the first hours of trading, coffee futures markets are recording today, Monday 12 August, strong gains of over 6% following last Friday’s declines, when New York and London were down by 5% and 2.5% respectively.