World Coffee Portal

Indian specialty coffee roaster and café chain Blue Tokai Coffee Roasters has raised $35m in a Series C funding round to invest in opening more than 220 new stores over the next three years and expand its B2B and B2C channels. #SeriesC #funding #investment #specialtycoffee #hospitalitynews #worldcoffeeportal

Tim Hortons’ operator in China closed 34 underperforming sites in the second quarter in a bid to improve group profitability – a move which yielded the brand’s first positive adjusted corporate EBITDA. #EBITDA #profitability #coffeeindustry #China #worldcoffeeportal

Dublin-based coffee chain Coffeeangel has been valued at a ‘conservative’ €4.2m ($4.6m), according to documents filed as part of a corporate restructuring. #valuation #hospitalitynews #coffeeshop #corporate #worldcoffeeportal

Mexico City-based franchise group Alsea will invest $12m to open 30 new Starbucks stores in Colombia over the next three years. #Colombia #invest #franchise #coffee #worldcoffeeportal

Today World Coffee Portal is speaking with Kate O'Brien, Executive Director of the Costa Foundation, who first joined Jeffrey Young, Editor-in-chief of 5THWAVE magazine and founder of Allegra Group in a conversation on how businesses can leverage coffee as a force for good. Continuing this conversation, O'Brien shares some compelling details and examples from the Costa Foundation’s community impact. The full interview is out now on Apple, Spotify, Google and all the usual podcast players – or you can tune in below. #charity #coffeebusiness #community #podcast #coffee

Malaysia’s Berjaya Food has posted a fourth consecutive quarter of falling sales and widening losses as boycotts of western brands over the Israel-Gaza conflict continue to hinder its Starbucks franchise business. #sales #Starbucks #hospitalitynews #hospitalityindustry #worldcoffeeportal

French bakery-café chain BAGELSTEIN is set to enter India after granting master franchise rights to Haryana-based franchise group FranGlobal. #India #hospitalitynews #hospitalityindustry #coffeeshop #worldcoffeeportal

Deliciously spiced, milky, sweet and refreshing, masala chai has become a popular fixture at specialty coffee shops and has even been adopted by global giants, including Starbucks and Costa Coffee. Yet, with the origins of chai steeped in mystery, Mira Manek set out to uncover how chai rose to prominence as India’s top pick-me-up and became a global beverage sensation. Read Manek's full insights using the link below. #chai #specialtycoffee #coffeeculture #Starbucks #India

The French national joined Nestlé in 1986 and succeeds Mark Schneider, who has stepped down as CEO and member of the Board of Directors after eight years in the post. #nestle #moversandshakers #ceo #coffee #coffeeindustry

Amid a tough trading environment on UK high streets, retailers and hospitality operators are increasingly deploying high-quality coffee offers to drive much-needed footfall, boost sales and foster brand loyalty. In this article, World Coffee Portal speaks to the brands taking a leaf out of the café playbook – and generating new business opportunities among caffeine-obsessed consumers. Read the full interview using the link below. Portland Design Marks and Spencer Waterstones J D Wetherspoon #hospitality #caffeine #coffeeshops #bookshop #traders #retail