Tag: coffee

  • Asahi takes on $1bn coffee market with AllPress acquisition

    Asahi takes on $1bn coffee market with AllPress acquisition

    Asahi Beverages is cementing itself as a local leader in the beverages market with the announcement of its foray into the $1 billion fresh coffee market.

    The business has snapped up Allpress Espresso, a global coffee brand that has operations in Australia, New Zealand, the UK, Japan, and Singapore.

    Established by Michael Allpress in Auckland over 30 years ago, the brand first came to Australia in 2000 and is now recognized around the globe, selling more than 1500 tonnes of coffee beans worldwide each year.

    Asahi Beverages Group CEO Robert Iervasi (pictured above) is confident that the acquisition puts Asahi Beverages in a powerful position in the local market at a time when Coca-Cola Amatil is moving under European ownership.

    “We’re the multi beverage supplier of choice in Australia … and we believe we can bring a better product and better service to consumers,” Iervasi told Inside FMCG.

    AllPress will continue to run as a standalone business with Asahi supporting the brand’s growth through its extensive customer relationships and expertise in the consumer goods space.

    Currently, the bulk of AllPress’ business is the supply of roasted coffee beans to boutique cafes and restaurants, but Asahi has big plans to grow the brand’s presence, including thorough expansion into licensed venues and grocery stores.

    AllPress has already produced a canned cold coffee range and sells ready-to-pour coffee shots in bottle and bag form. While its portfolio features around 10 proprietary blends, its flagship Allpress Espresso Blend and A.R.T Espresso Roast comprise over 80 percent of sales.

    The business also has a strong direct-to-consumer offer online and through more than a dozen Allpress cafes, including in Melbourne and Sydney.

    Allpress CEO Vaughan Magnusson told Inside FMCG that the two companies share the same values and expectations on quality and that Asahi is the perfect partner to support the growth of the business.

    “They are the right organization to take Allpress to the next level,” he said.

    Under Asahi ownership, AllPress will also continue to expand the DTC business.

    Iervasi told Inside FMCG that Asahi has confidence in the brand because of its ability to deliver a premium coffee experience and superior customer service.

    “AllPress has a commitment to flavor, quality customer service, and a strong track record of growth,” he said.

    While no financial details of the deal were disclosed, Iervasi confirmed that the 240+ full-time staff at AllPress will remain, with management untouched and Michael AllPress remaining as an ambassador, and the day-to-day operations will not be affected.

    “No one’s losing their jobs,” Iervasi said.

    After welcoming CUB to the fold last year, Iervasi said Asahi is committed to supporting and creating jobs in Australia and New Zealand and expanding beverage offerings.

  • Coffee and dairy help Nestle beat expectations in Q1

    Coffee and dairy help Nestle beat expectations in Q1

    Food giant Nestle confirmed organic sales should grow more than 3.6 percent this year after strong demand for coffee, dairy and petcare products boosted growth in the first quarter.

    The world’s biggest food group has weathered the Covid-19 pandemic well so far as consumers locked up at home bought more packaged foods for themselves and their pets.

    It also expanded eCommerce and its health science portfolio as consumers bought more online and worried about their health.

    Organic sales increased by 7.7 percent, versus 4.3 percent in the year-ago period, the maker of KitKat chocolate bars and Nescafe instant coffee said in a statement on Thursday. This was ahead of a forecast for 3.3 percent organic growth in a company-compiled consensus https://www.nestle.com/investors/analysts-consensus.

    “Retail sales saw solid growth and out-of-home channels saw signs of improvement. We confirm our guidance for the year and our mid-term outlook for sustained mid-single-digit organic growth,” Chief Executive Mark Schneider said in the statement.

    Organic growth stood at 7.2 percent in the Americas, at 4.4 percent in Europe, and at 9.1 percent in Asia, Nestle said. Asia was in negative territory in the year-ago period as the pandemic hit there first.

    In terms of categories, petcare was up 8.7 percent, powdered and liquid beverages including coffee rose 9.9 percent, and dairy increased 15.7 percent. Nutrition and health science fell 0.5 percent, dragged down by nutrition.

  • Starbucks, Herschel Supply collection made from recycled coffee grounds

    Starbucks, Herschel Supply collection made from recycled coffee grounds

    Eco-warriors might be familiar with last year’s sustainable Starbucks x Herschel collection made from recycled plastic. The 2 brands have teamed up again on a new environmentally-friendly series, The resupply Collection. This time, it is manufactured from recycled coffee grounds. Like the previous collaboration, the Starbucks x Herschel Supply Co. 2021 collection includes drinkware and limited edition bags.

    To commemorate Earth Day 2021 on 22 April, the collection will be dropping on the same day. Read on to find out what items will be available and how you can get your hands on them a day before everyone else.

    Mugs and tumblers

    Herschel Supply Co. is a brand that often incorporates a bevy of floral patterns on its accessories. It’s no surprise that its collaboration with Starbucks will follow suit.

    For this mug, the bright green, red and white print inspired by coffee cherries pops against the black body, making for an eye-catching piece of drinkware. It will retail for $48.90.

    For something you can bring with you on the go, the tumbler features the same print as the mug above. You can also opt for the sleek, all-black tumbler if you want a more minimal piece to add to your backpack. Both tumblers will cost $56.90.

    With the Double Wall Plastic Tumbler, you can do your part for the environment while feeling like you’re drinking out of Starbucks’ iconic takeaway cup. The tumbler will retail for $36.90.

    Lunch box

    For those who like to BYO lunch boxes to dabao food, you can now do it while repping your favourite brands. The Starbucks x Herschel Supply Co. 2021 collection To Go Lunch Box is available for $35.90.

    The Chapter Carry-on Toiletry Bag might be small, but it makes a bold statement bearing the campaign’s tagline, “People, Planet, Coffee”. Use this pouch as a daily reminder to commit to sustainability while getting ready in the morning. The pouch will retail for $49.90.

    Convenience and style packed into one nifty pouch—the Fifteen Hip Bag will be the pride of all streetwear lovers once they get their hands on it. It will be available for $59.90.

    Backpacks and totes

    Tote bags are all about versatility. Whether you carry it on your shoulder, or hold it in your hands, they always look good. The Mica Tote Bag from the Starbucks x Herschel 2021 collection is no exception. You can cop the bag for $79.90.

    VSCO girls tired of pastel colours, give the Classic Mini Backpack a chance. You can achieve a more understated look while still sporting a fresh splash of green. This backpack will retail for $89.90.

    As long as you’re out and about in Singapore, you will probably come across multiple people carrying Herschel Supply Co. backpacks. This remix of the popular Retreat Backpack boasts both brands’ logos, and the campaign’s tagline to stand out. Now you can hop on the Herschel Supply Co. train without being called basic.

    The Retreat Backpack will cost $149.90.

    Good news for Starbucks Rewards Gold Members, all that bling you spent on the brand will be worth it. Gold Members will get early access to the collection in Starbucks stores on 21 April 2021. For the rest, as mentioned earlier, the collection will be released on 22 April to coincide with Earth Day. The Starbucks x Herschel collection will be available in Starbucks Singapore’s physical stores as well as its Shopee Mall and LazMall stores from 12pm onwards.

    In the meantime, you can also check out the freshly released Starbucks hedgehog mugs from the brand’s recent summer-themed collection.

  • Scandal-plagued Luckin Coffee secures US$250 million lifeline

    Scandal-plagued Luckin Coffee secures US$250 million lifeline

    Luckin Coffee, the scandal-plagued Chinese coffee shop chain, secured a $260 million investment from existing shareholders Centurium Capital and Joy Capital. It also replaced its independent auditor.

    This will help Luckin satisfy a $180 million settlement struck last year with the SEC, which had accused Luckin of faking retail sales figures. The company went public on the Nasdaq less than two years ago at a $4.3 billion valuation but was later delisted because of the accounting fraud.

    The investment is structured as convertible preferred stock, with an option for Centurium and Joy to invest an additional $150 million.

    The bottom line, Luckin was supposed to be China’s answer to Starbucks, but so far has been closer to China’s answer to Enron.

  • Flash Coffee to open 300 outlets after fresh funding round

    Flash Coffee to open 300 outlets after fresh funding round

    Tech-enabled coffee chain Flash Coffee has raised US$15 million in its Series A funding led by White Star Capital, aiming to launch 300 stores this year.

    The Series A round sets the total capital raised by Flash Coffee to US$20 million. Investors include Delivery Hero-backed DX Ventures, Global Founders Capital, and Conny & Co.

    The raised funds will be used for accelerating Flash Coffee’s expansion plan in Asia. According to David Brunier, CEO of Flash Coffee, the company will enter into seven new markets this year: Hong Kong, Taiwan, South Korea, Japan, Malaysia, the Philippines, and Vietnam.

    “Our dream is to have a Flash Coffee every 500 meters in all major Asian cities,” said Brunier.

    “We will also build a regional HQ in Singapore and expand our regional tech hub in Jakarta to 50 people to support our vision of fully leveraging technology to improve customer experience, proactively drive growth and significantly increase operational efficiency.”

    Launched in January last year, Flash Coffee business model focuses on grab-and-go physical storefronts that rely on technology, allowing significant cost savings. The company now operates 50 outlets across Singapore, Thailand, and Indonesia.

  • Cafe de Coral Group appoints new managing director

    Cafe de Coral Group appoints new managing director

    Café de Coral has promoted Piony Leung to managing director (Hong Kong) with immediate effect.  In her new position, Leung reports to group CEO Peter Lo and manages business operations and provides strategic leadership across Café de Coral Group’s business in the city, including quick-service restaurants, casual dining, and institutional catering. She will also play a pivotal role in meeting the company’s growth goals in the Hong Kong F&B sector.

    Piony was previously managing director (quick-service restaurants) of Café de Coral Group, and boasts more than 25 years of experience in the retail and fast-moving consumer goods industries. Under her leadership in 2020, the group’s quick-service restaurants business took a number of actions to address weak market conditions, shifted marketing focus to promote take-away and delivery services, redesigned menus to meet changing demand, and introduced an e-commerce platform for selling popular seasonal products such as poon choi and party sets.

    “In the face of unprecedented challenges, I am deeply impressed by our frontline staff who have gone above and beyond to service our customers while doing their best to meet our business goals. Although the economic outlook remains uncertain, I am committed to working side by side with my team members to explore future business opportunities and retain the Group’s leadership position in this rapidly changing market,” she commented.

    Speaking of Leung’s appointment, Lo said her leadership skills had led the team through major market shocks and adapted to the challenging business landscape.

    “In the post-pandemic era, it is essential that the group is able to capture opportunities bought by the fast-changing market and consumer behaviours. I have every confidence that she will be able to maximize business synergies and build a stronger brand portfolio by integrating the quick service restaurants, casual dining and institutional catering business as a whole, offering a wide range of food options that cater to the diverse tastes of the greater community,” Lo explained.

  • Starbucks opens with new Japanese store design

    Starbucks opens with new Japanese store design

    There are several unique and beautiful Starbucks stores in Japan including the traditional Machiya style store in Kyoto and the Edo-style wooden house store in Kawagoe City, and they have been popular tourist attractions nowadays.

    In 2020 spring, Starbucks Japan opened another unique branch, featuring the tiled roof traditional Japanese house with historic stone lanterns. The “Starbucks Coffee Shinshu Zenkoji Nakamise Street Store” opened in March 2020 as the first regional landmark store in Koshinetsu Region, situated on the Nakamise Street, an approach/shopping street leading to Shinshu Zenkoji Temple in Nagano Prefecture.

    The store is set in the historical district near the magnificent temple, and feature very unique and fascinating architectural design with motifs of a traditional Japanese house.

    5 types of Nagano wood are used for the interior that warmly welcomes visitors and express the connection to the local community. The 2nd floor presents the beauty of the lights and shades of Japanese houses with Shoji (wooden-framed paper window) and skylights delivering gentle light to the space.

    In addition, there are several historical essences that present good old Japan such as stone lanterns and wooden beams. At this new Starbucks store, visitors can spend a little bit more quality and luxurious time while enjoying aromatic coffee!

  • Shinsegae seeks to buy Starbucks US’ stake in Korean business

    Shinsegae seeks to buy Starbucks US’ stake in Korean business

    South Korea’s retail giant Shinsegae is reviewing ways to double its stake in Starbucks Korea from 50% to 100%, according to an industry source on Mar. 19. Shinsegae’s affiliate E-mart currently owns 50% of Starbucks Korea, while Starbucks Corporation headquartered in the US owns the other 50%.

    If the deal is successful, Starbucks Korea would become a wholly owned subsidiary of E-mart, which will receive double the dividends from the company. Starbucks Korea paid out annual dividends of 30 billion won ($26.6 million) each to E-mart and Starbucks Corporation last year.

    “While we are having thorough reviews on the topic internally, nothing has yet been confirmed,” said a Shinsegae spokesman.

    Starbucks Korea will still have to pay royalties at the current rate of 5% to Starbucks headquarters even if E-mart owns a 100% stake in the company.

    South Korea’s retail and franchise industry has been speculating for years regarding Starbucks Korea’s next steps.

    Many had projected that Starbucks headquarters would want to purchase E-mart’s shares to operate independently, as it did in China and Japan in the last five years.

    In case of a successful deal between Shinsegae and Starbucks Corporation, South Korea will mark the first country in Asia where Starbucks is 100%-owned by a local operator.

    Starbucks Korea was established as a 50:50 joint venture between E-mart and Starbucks Corporation in 1997, opened its first branch in 1999 and expanded to 1,503 branches as of December last year.

    Starbucks Korea’s revenue now exceeds 10% of Starbucks’ total revenue generated globally, but its operating margin falls behind the global average.

    Starbucks currently holds the highest coffee franchise market share in Korea, surpassing 1 trillion won ($885 million) revenue in 2016 and maintaining more than 20% year-over-year growth rates from 2017 to 2019, at 26%, 20.5% and 22.8%, respectively.

    Last year, Starbucks Korea generated 1.92 trillion won ($1.7 billion) in revenue, just 80 billion short of 2 trillion won ($1.77 billion).

  • Starbucks opens giant Reserve store in Malaysia

    Starbucks opens giant Reserve store in Malaysia

    Starbucks Malaysia today unveiled Starbucks Reserve Tropicana Gardens, the largest in the market. Located in the heart of the bustling community between Kota Damansara and Tropicana Indah, the store features two bars: the main bar offering all core and seasonal handcrafted Starbucks beverages, as well as a coffee bar that offers six different brewing methods, including pour-over, Chemex, siphon, Black Eagle espresso, and Nitro Cold Brew.

    The immersive coffee experience – spanning nearly 6,000 square-foot of retail space – celebrates all-things coffee. The layout of the store itself is similar to that of a coffee bean, with a large curvature and floor-to-ceiling windows that connect to a small garden and rapid transit station. The main highlight of the store is a 50-foot wide ‘Wall of Gratitude’, which features photos of more than 200 frontliners medical workers, and Starbucks baristas. The mural serves as both a way to pay tribute to the people who have been fighting together against the COIVD-19 pandemic and also as a physical reminder of the events of the past year that have made Malaysians stronger and more resilient than ever.

    “Over the past five years, the Starbucks Reserve concept has brought about a catalyst of growth in the industry focusing on customer experience and passion for coffee in Malaysia. With the opening of Starbucks Reserve Tropicana Gardens, customers can expect the same human connection and immersive coffee experience that will continue to inspire coffee passion to the community,” said Sydney Quays, Group CEO of Berjaya Food Berhad and managing director of Starbucks Malaysia & Brunei. “We are delighted to be able to open this store and celebrate the commitment, resiliency, and creativity of our partners and customers in these unique times.”

  • Starbucks opens online with a JD flagship store

    Starbucks opens online with a JD flagship store

    Starbucks, the world’s largest coffeehouse chain, launched a flagship store on JD.com on March 3.

    The online store is bringing Chinese consumers the brand’s new spring mugs, such as the Sakura Blossom Collection, together with its classic series, including the core classic series, and Starbucks Heritage. In addition to physical products such as mugs, the store also sells physical gift cards, seasonal foods (such as rice dumplings and mooncakes), and their corresponding gift certificates, bringing more quality choices to JD’s customers. A Super Brand Day will kick off on the store’s opening day to help promote sales for the newly opened Starbucks store.

    JD’s consumers are a strong match with Starbucks’ target consumers, and JD’s nationwide logistics network will ensure high efficiency and speed of deliveries for consumers who purchase Starbucks products on JD.

    “JD’s years of experience and good reputation in authentic products, logistics, and after-sales services will also

  • Starbucks opens its largest coffee store in Thailand

    Starbucks opens its largest coffee store in Thailand

    Starbucks today celebrates 20 years of delivering the Starbucks Experience to customers throughout Thailand with the recently opened Central World store– its largest store in Bangkok. Located on the first floor of CentralWorld, the store features a Starbucks Reserve Bar and, for the first time in Asia, Starbucks® DRAFT beverages infused with nitrogen.

    Starbucks CentralWorld is Thailand’s largest Reserve Bar store composed of Starbucks traditional coffee bar as well as the Starbucks Reserve Bar, which invites customers to deepen their coffee knowledge. Featuring the Black Eagle espresso machine for unique, espresso-forward beverages and various brewing methods such as the Siphon, Chemex, and Pour Over, customers can taste Starbucks Reserve, small-lot coffees for a premium coffee experience specially-crafted by Starbucks Coffee Master partners (employees) whose passion and knowledge of coffee is highlighted by their black aprons.

    Starbucks DRAFT makes its Asia debut in the store on a four-tap system delivering Starbucks Cold Brew and nitrogen-infused Starbucks Cold Brew, tea and milk. This latest beverage innovation draws in customers with its velvety texture cascades from the taps causing a sensory experience to both taste and see. The Starbucks DRAFT counter, found on the first floor of the store, highlights select nitro beverages including Nitro Cold Brew, Nitro Peach Tea, Nitro Green Tea Latte, Nitro Caramel Macchiato and Nitro Flat White.

    “From the success of Starbucks Nitro Cold Brew coffee, we continue to search for beverage innovation to elevate the customer experience. Today, we are pleased to launch Starbucks® DRAFT, an innovative cold beverage offering a rich, creamy texture for each beverage.” says Nednapa Srisamai, managing director of Starbucks Coffee (Thailand) Ltd. “This is a new cold beverage experience not to be missed.”

    This beverage innovation is the first-of-its-kind in Starbucks across Asia further elevating the cold beverage experience. Starbucks® DRAFTis also available today at one location in the U.S.

    As customers enter the space for the first time, their eyes will be drawn to the high, gold ceiling inspired by the natural terraces where coffee is grown, paying homage to the landscapes of coffee-growing terrain. The ceiling begins the coffee journey for customers by inviting them to come in from the outside and move towards the central Starbucks Reserve bar where the aroma of coffee can be enjoyed all around.

    The 760 metre store has more than 230 seats and two large rooms is designed to host community events or small gatherings surrounded by locally-relevant art installations throughout the store. Local artists Rukkit Kuanhawate created a feature piece highlighting the various coffee growing regions through regional wildlife including, the Sumatran Tiger, Kenyan Elephant and Guatemalan Quetzal bird. Similarly, Irin (Ann) Ariyatanap and her team handpainted murals using drawings of coffee botanicals and Thai floral motifs alongside imagery of the Starbucks Reserve coffee silos found exclusively at the Reserve Roasteries.

    Continuing on the coffee journey, customers are delighted upon entering the store with wooden coffee scoops engraved with messages and colorful motifs describing the various parts of the coffee tree. Similarly, the walls of both meeting rooms serve as tribute to the bean-to-cup story through natural hemp woven art, hand painted ceramics and a floor-to-ceiling wood carving.

  • Starbucks global sales fall despite Chinese boost

    Starbucks global sales fall despite Chinese boost

    Starbucks Corp. slumped in late trading on Tuesday after reporting a sales decline that was deeper than expected and the departure of Chief Operating Officer Roz Brewer.

    Global same-store sales, a key gauge of restaurant success, fell 5% in the fiscal first quarter. That’s worse than the estimated decline of 4.2% compiled by Consensus Metrix. A 5% drop in the U.S. was just ahead of estimates, while a 5% gain in China beat expectations.

    The results show the company is facing an uneven road back following the deep impact of the global pandemic. Despite the continued weakness in many markets, strength in China and overall same-store sales that are better than the previous quarter suggest it’s past the worst.

    Brewer’s exit, however, shows a substantial shakeup is underway in the coffee giant’s C-suite. Starbucks announced earlier this month that Chief Financial Officer Pat Grismer is leaving the company due to retirement. He will be replaced by Rachel Ruggeri, senior vice president of finance for the Americas.

    Brewer is leaving to become chief executive officer of Walgreens Boots Alliance Inc.

    In spite of the management changes, Starbucks sees performance turning around quickly from here, and the current quarter’s results will be bolstered by a year-ago comparison with the start of the pandemic when commerce was the most restricted.

    In the second quarter, U.S. same-store sales will grow 5% to 10%, the company said. Comparable sales in China will nearly double, the company said, although the result will be skewed by the pandemic comparison.

    Starbucks reported fewer transactions overall, but customers spent higher amounts, continuing a trend established earlier in the pandemic. Revenue fell 5% from the prior year.

    The U.S. and China are the company’s two largest markets, and together making up 61% of its global portfolio, with 15,340 and 4,863 stores, respectively, it said. Starbucks opened 278 net new stores in the quarter, underscoring how the company is looking to aggressively expand in spite of the global upheaval caused by Covid-19. The company also reported a 15% increase in members to its loyalty program.

  • Starbucks opens ‘inclusive’ store staffed by people with disabilities

    Starbucks opens ‘inclusive’ store staffed by people with disabilities

    Today, Starbucks announced the opening of a first-of-its-kind Starbucks store focused on inclusive design in South Korea. Located at Seoul National University Dental Hospital (SNUDH), the store reaffirms Starbucks commitment to diversity, equity and inclusion, and expands career opportunities for Starbucks partners (employees) with disabilities.

    “Opening a store focused on inclusive design marks an important moment for Starbucks in South Korea and around the world,” said David Song, ceo, Starbucks Coffee Korea. “We are excited to have this opportunity to bring Starbucks Mission and values to life in our community and expand opportunities for our partners to develop their careers at Starbucks. Through our partnerships with organizations like the Korea Employment Promotion Agency for the Disabled (KEPAD), we hope to lead the way for other business in South Korea to create an inclusive environment for all.”

    Starbucks partners in the disability community had raised the concept for such a store as an opportunity for the company to have a positive impact. From the beginning, Starbucks Coffee Korea partners with disabilities guided store development and operational testing to create a welcoming Third Place community for partners and customers alike. The company also partnered with the KEPAD and other advocates in the disability community to consult on store design and training.

    Anyone who is passionate about access and disability inclusion can work at the new store. Half of the staff are partners with disabilities, and hold positions at nearly every level. In partnership with KEPAD, partners all receive customized training and development, including basic expressions in Korean Sign Language.

    The store’s central art piece demonstrates the positive impact that Starbucks partners with disabilities have had on the company and partners’ hopes to make a place where all people can come together over a cup of coffee. Partners from across South Korea, as well as partners based at the store, contributed individual clay pieces arranged to create the word “Together” in English, mounted on a background of upcycled Starbucks coffee grounds.

    “I’m so proud of this new store and the important role it will play in bringing our community together and enhancing the career development journey of Starbucks Korea partners,” said Elena Choi, assistant manager of the new store, and a partner who is hard of hearing. “Creating an inclusive space expands the ability of partners to learn and grow in their role, and we’re so excited to welcome customers to our new store.”

    The store was designed to be a warm and inclusive space for people with a wide range of disabilities, from customers to partners. Partners are equipped with digital tablets to facilitate communication with customers, and the store floor, back room and bar have all been designed with additional space for comfortable wheelchair access—a first-of-its kind for Starbucks globally. At the Starbucks design lab in South Korea, members of the disability community helped test the store’s unique bar to better optimize the space for partners using mobility aids like wheelchairs.

    “The new store represents our enduring commitment to diversity, equity and inclusion in every market we serve,” said Sara Trilling, president, Starbucks Asia Pacific. “We understand we are still early in our journey, and will continue to learn and expand our design principles. With feedback from partners, customers and the community, we are constantly reimagining how we build stores to.

  • Starbucks teams with Kate Spade New York

    Starbucks teams with Kate Spade New York

    This Holiday season, Starbucks is collaborating with acclaimed American life and style brand kate spade new york for the first time to offer a curated designer merchandise collection, available for a limited time at select Starbucks stores in Asia.

    The Starbucks X kate spade new york collection embodies the holiday spirit, incorporating colorful and playful designs against a New York City backdrop. Motifs of curious cats, as well as kate spade new york’s signature dots and stripes, ring in the season, is a celebration of joy, femininity, and optimism.

    “Starbucks is excited to partner with kate spade new york to bring this fun and festive collection to customers across Asia,” said Erin Silvoy, vice president, Product, and Marketing, Starbucks Asia Pacific. “The Starbucks X kate spade new york collection was created to inspire joyful connections and optimism for the future, two values at the heart of both brands.”

    “We are thrilled to bring our iconic kate spade new york spirit to the Starbucks customers in Asia this holiday season,” shared Charlotte Warshaw, Vice President, Wholesale, Travel Retail and Global Licensing at kate spade new york.  “The Starbucks x kate spade new york collection reflects the playfulness, color, and optimism that our brand is known for around the world, and we hope the product will spark joy for shoppers throughout the holidays.”

    This unique line-up of Starbucks X kate spade new york drinkware and lifestyle accessories is perfect for holiday gifting or as a special treat for yourself. Highlights include a ceramic mug, stainless-steel tumbler, and a stainless-steel water bottle.

    The designer collaboration will be available for a limited time starting December 1, 2020 at select Starbucks stores across Asia, including Australia, Vietnam, Hong Kong, Indonesia, India, Japan, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Taiwan while supplies last.

  • Starbucks to open its first coffee store in Laos

    Starbucks to open its first coffee store in Laos

    Starbucks is to make Laos debut next year with its first store opening in the capital city of Vientiane.

    Laos will become Starbucks’s 17th market in Asia, with the first store scheduled to open in the third quarter of next year.

    Starbucks Laos will be managed by Coffee Concepts (Laos) Limited, part of Maxim’s Caterers Limited, a part-owned subsidiary of Dairy Farm International. Through Coffee Concepts, Starbucks operates more than 800 stores across Hong Kong, Macau, Vietnam, Cambodia, Singapore and Thailand.

    According to Starbucks US, the launch is part of its strategy to expand its network across the region.

    “We’re excited to bring the Starbucks Experience to Laos, which has a rich history of coffee production and thriving coffee culture,” said Michael Conway, executive VP at Starbucks International Licensed Stores.

    Michael Wu, chairman and MD at Maxim’s Caterers, added: “We look forward to continuing to deliver the unique Starbucks Experience to customers in the market to earn the trust and respect known by customers around the world.”