Our recurring round-up of the newest specialty-coffee trade information.
FROM STAFF REPORTS
Featured picture by Joshua Earle
Philz Espresso Bought by Non-public Fairness Agency for $145 Million
San Francisco, Calif.-born espresso chain Philz Espresso has been bought by Freeman Spogli & Co., a Los Angeles-based non-public fairness agency that has beforehand invested in different franchises, together with El Pollo Loco and Petco. The sale will probably be finalized in August 2025. Early buyers, together with staff, are involved their shares is not going to be honored.
Jason Mraz Helps Revive Oceanside Espresso Store
Grammy winner Jason Mraz is now co-owner of Jitters Espresso Pub, which has been working in San Diego, Calif.’s Oceanside neighborhood because the ‘90s. The musician helps Jitters founder and long-time good friend, Vallie Gilley, revamp the café with a full menu of vegan consolation meals and a stage for stay music nights.
U.S. Girls in Espresso Companions with Convoya Espresso to Help Girls Espresso Growers
U.S. Girls in Espresso (USWIC), a department of the Worldwide Girls’s Espresso Alliance (ICWA), has introduced their partnership with Convoya Espresso to additional Convoya’s Café Delas initiative, which seeks to empower girls espresso growers. The collaboration will elevate the work of girls producers and advocate for gender fairness within the trade by means of storytelling, academic outreach, and market engagement.
China Opens Door to Brazilian Espresso Growers within the Wake of U.S. Tariffs
A latest 50% tariff positioned on Brazil by United States President Donald Trump has threatened the Brazilian espresso trade, because the U.S. is among the greatest importers of Brazilian espresso. In mild of those tariffs, China has permitted almost 200 Brazilian espresso sellers to export espresso to the Chinese language market, the place demand is steadily rising. The deal will final for the following 5 years.
Examine Finds Espresso to Have Anti-Ageing Properties
A examine revealed by the European Journal of Vitamin discovered that adults over the age of 55 who drank black espresso day by day have been much less prone to grow to be frail over time, echoing findings from different latest research. The outcomes have been constant between each caffeinated and decaffeinated espresso.
South Korean Espresso Retailers Take Motion In opposition to “Seat Hogs”
In South Korea, espresso outlets have begun inserting stricter guidelines round occupying café seats for lengthy durations of time, in an effort to fight what some name “seat hogs” or ”café squatters.” Starbucks Korea has banned using all private desktops, printers, and energy strips, following ongoing complaints of shoppers utilizing massive pc gear in-store, charging private gadgets, and staying for lengthy hours.
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