Tea, Coffee & Cocoa – WORLD NEWS
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Luckin Coffee Q2 revenue jumps 28.5% as global store network surpasses 36,000 locations
Luckin Coffee continued its rapid global expansion during the second quarter, adding more than 2,700 new stores across China, Southeast Asia and the United States.
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TATA Starbucks opens first Starbucks Reserve store in South India
The new Starbucks Reserve outlet introduces small-lot coffees, artisanal beverages and an exclusive menu designed for India’s growing premium café market.
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Fairtrade International raises minimum coffee prices for Arabica and Robusta beans
Fairtrade International has increased minimum coffee prices while maintaining existing premiums to strengthen farmer incomes and improve supply chain resilience.
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Hershey reports 6.6% rise in Q2 sales as Reese’s and Dot’s Pretzels drive growth
Hershey’s profits soar in Q2 on higher prices and strong Reese’s demand, prompting raised fiscal 2026 earnings guidance despite cautious consumer spending.
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Costa Coffee India store count falls for first time in five years
Costa Coffee closes 22 outlets in India during FY26, its first network contraction in five years, as Devyani International prioritizes disciplined growth over expansion.