Food service
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illycaffè reports 12% revenue growth to US$817.2M in 2025
illycaffè posts strong 2025 growth driven by global expansion and acquisitions, despite record coffee prices and ongoing geopolitical challenges impacting the market environment.
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Alshaya Group acquires Starbucks Greece and Cyprus business, expands licensed operations in Europe
Alshaya Group takes over Starbucks operations in Greece and Cyprus, strengthening its global footprint and positioning the business for future growth and enhanced customer experience.
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USIU-Africa launches Innovation & ESG program to transform food manufacturing in Africa
USIU-Africa unveils executive program focused on ESG, innovation, and competitiveness to help African food manufacturers scale sustainably and access global markets.
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Starbucks China Q1 revenue jumps 11% as store sales rebound, expansion accelerates
Starbucks China posts stronger first-quarter growth, supported by marketing, new stores, and a strategic partnership with Boyu Capital.
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Highlands Coffee mulls Vietnam IPO to raise up to US$400m as Jollibee accelerates global expansion
Jollibee’s Vietnamese coffee arm Highlands Coffee explores a major listing as the group reorganises its international business.