In Other News....

30/01/2019
In Other News....
 

Caffè Nero acquired 70% of Coffee#1

Caffè Nero Group has become the majority owner of Coffee#1, the coffee chain owned by brewer S A Brain.

Coffee#1, which opened its first coffee shop in 2001, currently has 92 with sales at over £30m.

The acquisition gives the Caffè Nero Group close to 70% ownership of Coffee#1, with S.A. Brain retaining circa 30% ownership.

The Coffee#1 brand will sit alongside the Group’s other brands: Caffè Nero, Harris+Hoole and Aroma. The Group’s intention is to leave the Coffee#1 brand intact and to operate it as a standalone business.

 

Grind to open second site in city of London

London coffee chain Grind is set to open its second City of London site in Broadgate Circle in April 2019.

The location marks Grind’s first opening in the City, having opened cafe-bar at Royal Exchange Grind in 2016.

The 3,000 sq ft site, which is just a few minutes walk from the group’s Shoreditch Roastery HQ, will feature a restaurant and cocktail bar alongside a dedicated, grab-and-go café for takeaway coffee and food.

Like the other Grind restaurants it will open day and night, serving coffee and in the evenings offer a classic, seasonal cocktail list headed up by the Grind Espresso Martini.

Grind founder and ceo David Abrahamovitch said: “We’ve got a huge amount planned for 2019, and to kick things off I couldn’t be more excited to be opening our first restaurant in the city, so close to our Shoreditch home. Broadgate Circle is a development of the highest quality, and somewhere we’ve wanted to be a part of since it first re-developed in 2014.”

Grind currently operates in Shoreditch, London Bridge, Exmouth Market, Greenwich and Clerkenwell and has cafe-bars in Soho and Royal Exchange, as well as its coffee roastery in Shoreditch.  In addition, the brand also operates in-office locations in partnership with Derwent London in Whitechapel and Hatton Garden, and also operates a Grind inside the Facebook London HQ. Grind will be launching several new locations in 2019, in partnership with travel franchise partners SSP

 

Gloria Jeans launches to UK market

Gloria Jeans, the Australian coffee chain, is to launch its first site in St Enoch Glasgow next month, followed by its second site in London.

The chain announced last year that it plans to open 190 sites across the UK market with an initial 13 sites earmarked.

At the time the owners of Gloria Jeans, Retail Food Group, said that the UK was an important strategic market and would act as a platform for growth into the wider European market.

Starbucks to focus on China and US expansion

Starbucks has said it is to focus on expanding the chain in China and the US while expanding its reach with its Global Coffee Alliance with Nestlé.

The news comes as the company revealed that first quarter consolidated net revenues for the period to 30 December 2018 were up 9% to a record $6.6bn.

Only last week Starbucks revealed it is launching a trial in London later this month for its delivery service. (CBW23Jan)

London is the first European city to trial Starbucks Delivers, which is in partnership with Uber Eats.

The company opened 541 new stores in that period, with over two-thirds of those outside the US, with approximately 50% licensed.

“Starbucks delivered solid operating results in the first quarter, demonstrating continued momentum in our business, as we drive our growth-at-scale agenda with focus and discipline,” said Kevin Johnson, president and ceo. 

“Comprehensive efforts to streamline our business have allowed us to focus on three key strategic initiatives that position Starbucks for long-term success: accelerating growth in our targeted markets of the U.S. and China, expanding the global reach of the Starbucks brand through our Global Coffee Alliance with Nestlé, and increasing shareholder returns. “

 

Manoj Coffee & Cuts plans more

A new coffee concept has been launched combining haircuts and coffee called Manoj Coffee & Cuts.

The concept, situated near London’s Old Bailey, has been launched with a view to opening another similar site in the near future.

The venue has a coffee shop at the front with both a barbers and ladies hairdressers on site.

Rebecca White, manager, said: “We struggled at the beginning to get people to know they can just come in for a coffee without a haircut.”

All staff on site are trained as baristas as well as being trained hairdressers

Trained hairdressers and all trained baristas are sent on courses with Union Hand-Roasted Coffee.

Its head barista Veronika Novakova formerly worked at Caffe Nero.

 

The World Coffee Roasting Championship winners unveiled

Vladimir Nenashev from Russia was unveiled as the winner of the World Coffee Roasting Championships held in Rimini, Italy.

Second place went to Yoshiyuki Nakamura from Japan, followed by Veda Viraswami from France.

Competitors were tested on their performance in evaluating the quality of green coffee (coffee grading), developing a roasting profile that best accentuates the desirable characteristics of that coffee, and on the ultimate cup quality of coffees roasted.

 

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