‘Nestle investing in India’s evolving coffee culture to double growth’
1 year, 3 months ago

‘Nestle investing in India’s evolving coffee culture to double growth’

Live Mint  

New Delhi: David Rennie, deputy executive vice-president and head of Nestlé Coffee Brands, oversees its global coffee business, including Nescafe, Nespresso and Starbucks. In an interview, Rennie said India’s coffee market is expanding with the company making market share gains on account of launches such as ready-to-drink cold coffee and frappe mixes. Will core brands continue to drive household penetration for Nestlé’s coffee business in India? They’re not a number of markets, that are traditional tea drinking markets, they get to know and get to love coffee over time. That’s why I sound really optimistic about the potential of India to continue to adopt to coffee.

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History of this topic

A crisis is brewing in the Indian coffee industry
2 years, 2 months ago

A crisis is brewing in the Indian coffee industry

The Hindu  

Bose Mandanna was devastated when torrential rains in September thrashed the coffee plants in his plantation and left tender berries and leaves strewn everywhere. “Coffee growers are facing a severe financial crisis due to the vagaries of nature.” The KPA expects this year’s production to be down by 35%. This is rapidly turning out to be a buyer-driven commodity market,” …

Starbucks, in partnership with Nestlé, is launching a line of creamers to reach customers at home
5 years, 5 months ago

Starbucks, in partnership with Nestlé, is launching a line of creamers to reach customers at home

CNN  

New York CNN Business — Starbucks is launching a line of creamers to reach more customers at home. Together, the two companies have launched new Starbucks products, like coffee beans and Nespresso pods, designed to appeal to consumers who want to make specialty coffees themselves. For Nestlé, it’s a way to get Starbucks customers to buy products, like creamer and …

Starbucks is losing money in the UK
5 years, 6 months ago

Starbucks is losing money in the UK

CNN  

London CNN Business — Starbucks is closing stores and losing money inits most important European market. The coffee chain said Thursday that its UK business lost £17.2 million in the year ended September 2018, a performance it blamedpartlyon costs including store closures and higher wages. While sales increased by about 4%, the company said that was offset by “an increase …

Nestle seals deal to market Starbucks coffee; pact to boost Swiss company's portfolio in North America
6 years, 4 months ago

Nestle seals deal to market Starbucks coffee; pact to boost Swiss company's portfolio in North America

Firstpost  

Under the deal, some 500 Starbucks employees in the United States and Europe will join Nestle, the Swiss company said in a statement Zurich: Nespresso maker Nestle on Tuesday said it has sealed a deal to market the products of US coffee giant Starbucks around the world, outside of its cafes. Swiss food giant Nestle, which also produces Nescafe instant …

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