In Other News

14/08/2019
In Other News

Diageo increases shareholding in Seedlip

Diageo has acquired a significant majority shareholding in Seedlip, the distilled non-alcoholic spirits brand.

Seedlip was launched by Ben Branson in 2015 and he will remain actively involved as a shareholder and director and will work with the Seedlip team.

In June 2016, Seedlip announced a minority investment from the Diageo-backed accelerator programme Distill Ventures. Distill Ventures receives funding from Diageo to support entrepreneurs as they launch and grow innovative drinks brands.

Seedlip is now available in more than 25 countries and stocked in over 7,500 of the world’s best bars, restaurants, hotels and retailers.

Branson said: “We want to change the way the world drinks and today’s news is another big step forward to achieving this. Distill Ventures’ and Diageo’s shared belief in our vision has enabled us to build a business that’s ready for scale and I’m excited to continue working with Diageo to lead this movement.”

John Kennedy, president Europe, Turkey and India at Diageo said: “Seedlip is a game-changing brand in one of the most exciting categories in our industry.”

 

Costa responds to cup size furore

Costa has said it has not reduced its 12oz drink size to an 8oz.

A report by The Sun last week revealed that its old “small” cup, 12 fl oz, is now being called “medium”, the old “medium”, 16 fl oz, is now the “large” and the old large, 20 fl oz, is “extra large”.

Costa said that the 8oz cup is a new addition to its offering. It said it has not reduced its 12oz drink size to an 8oz but has introduced an 8oz alongside the 12oz.

Costa said it is trialling a range of new cup sizes across a small select number of stores within four different regions – Hampshire, Gloucestershire, South Yorkshire and Birmingham. It said that each region varies slightly, both with cup sizes available, which range from 8oz to 20oz. Although it admitted it has changed the names of the drinks in these trial stores. 

It said it would be providing customers with clear information around the changes to both cup sizes and price to ensure customers are aware.

 

McDonald's UK boss talks out over paper straws

McDonald's UK boss Paul Pomroy has told the Daily Mail that it straws are recyclable.

He made the statement after the fast-food chain came under fire over it straws earlier this month.

However,  Pomroy has said that waste management suppliers need to work out how to approach this. He admitted it was a challenge and added that there are many businesses in the same position.

“If you think back one or two years, paper straws weren’t widely available until recently and we’ve worked hard with our suppliers to introduce them at scale and quickly,” he told the Daily Mail.

“Our straws are recyclable but one of the final pieces of the jigsaw is having the external infrastructure and facilities to actually recycle them.”

 

Detpak enters coffee recycling partnership

Detpak, the packaging supplier, has entered a partnership with Shredall SDS Group, to recycle coffee cups under the Detpak’s RecycleMe™ system.

Shredall SDS Group is now working with coffee chains, hospitals, banks and building societies across the country to collect, sort and recycle the cups at their recycling processing facilities.

The Detpak scheme was first launched in the Uk in September 2018. The takeaway coffee cups have been designed using EarthCoating® technology, a highly mineralized resin which is designed to aid the detachment of paper and inner lining during the pulping process. This in turn significantly increases the ease of recycling and quality of the end product

“We’re excited to now be working with businesses in Nottinghamshire and across the UK to facilitate the commercial use of Detpak’s recyclable coffee cups. Takeaway coffees are an ingrained part of our everyday lives, and with this new system, we can massively reduce the environmental impact of that and continue to enjoy our coffees safe in the knowledge that our cups will go on to be reused up to seven times.” Nik Williams, managing director at Shredall SDS Group

Detpak is working with a range of coffee chains including Caravan and Taylor St Baristas.

 

Operators celebrate National Afternoon Tea Week

Operators across the country are celebrating National Afternoon Tea Week, which runs between 12 to 18th August.  

Hospitality venues across the country have been running special events and deals to entice customers to enjoy an afternoon tea.

Alcoholic tea brand Noveltea bar chain The Florist, joined forces to serve the World’s highest afternoon tea party on England’s tallest mountain Scafell Pike as a way of showcasing their attitude towards creating more memorable high tea experiences.

The 978m ascent surpasses the current record held by the Burj Khalifa on the 122nd floor at 584.5m.

The concept for the ‘higher tea’ event at the top of Scafell Pike was created to challenge expectations of the time-worn British afternoon tea during National Afternoon Tea Week.

 

Global coffee prices drift downwards in July 2019

The monthly average of the ICO composite indicator rose by 3% to 103.01 US cents/lb in July 2019, which is the highest monthly average since November 2018.

However, the daily composite indicator started at a high of 107.87 US cents/lb on 4 July and fell to 98.57 US cents/lb by the end of the month.

In June 2019, world coffee exports rose by 2.8% to 10.94 million bags compared to June 2018, while exports in the first nine months of coffee year 2018/19 rose by 6.5% to 97.28 million bags.

World production in coffee year 2018/19 increased by an estimated 1.9% to 168.77 million bags, led by a 18.5% increase in Brazil’s production for the crop year ending March 2019.

Global consumption in 2018/19 grew by an estimated 2.1% to 164.84 million bags.

 

Prices remain static over Summer

The prices of beverages at major operators ranging from Starbucks, Costa to JD Wetherspoon remained static this month, according to the UCC Price Watch for August.

The survey, analyses the prices of coffee, tea and hot chocolate products, charged to consumers by the major beverage operators.

However, there was one interesting change to pricing as Greggs raised its price of a large tea at 16 oz by 5p a cup, it revealed. 

 

  • We’re always looking for news stories.
    Got a story? Get in touch michelle@beveragebusinessworld.com
  • For more information on stands and sponsorship at European Coffee, Tea & Soft Drink Expo 2020, which will take place at London’s Olympia on 19 and 20 May, contact Sukhvir Hayre on +44 (0) 203 668 9809 or email sukhvir@europeancoffeeexpo.com
  • For details of advertising opportunities. Get in touch with Sukhvir@europeancoffeeexpo.com

 

 

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