News
Fore Coffee rejects franchise expansion despite $3.61m profit
7+ hour, 16+ min ago (169+ words) The coffee chain added 60 outlets, bringing the total to 290 across Indonesia and Singapore. Indonesian coffee chain Fore Coffee has announced that it has decided not to operate under a franchise scheme. "This strategic decision is intended to ensure that every…...
Jollibee weighs 2027 Vietnam IPO for Highlands Coffee
6+ day, 6+ hour ago (198+ words) The company said details remain preliminary and may be subject to change. Jollibee Foods Corporation (JFC) announced that the board of its subsidiary, Highlands Coffee, is considering plans for an initial public offering (IPO). The company is looking at a…...
Third Wave Coffee unveils new Valentine drinks
3+ week, 5+ day ago (122+ words) Prices start at "305. Third Wave Coffee rolls out four Valentine's-themed drinks, available at all outlets until 22 February. The range includes the La Vie en Rose Frappe, La Vie en Rose Latte, Red Velvet Milkshake, and Red Velvet Mocha Frappe. The…...
Compose Coffee unveils first artist collaboration with BTS’s V
6+ mon, 1+ week ago (130+ words) It features a three-drink lineup called the "V Composed Menu." Compose Coffee has launched its first artist collaboration, partnering with BTS member V on a limited three-drink lineup called the "V Composed Menu." The offerings highlight Korean ingredients along with…...
Highlands Coffee targets $400m in Vietnam IPO—report
1+ mon, 2+ week ago (127+ words) The Jollibee-backed chain has nearly 1,000 sites. Jollibee Group-backed Vietnamese coffee chain Highlands Coffee is exploring an initial public offering (IPO) in Vietnam to raise $300 to $400m, a report by Bloomberg said. Jollibee Group has a majority stake in Highlands Coffee owner…...
Austrian coffee chain Coffeeshop Company enters India
1+ mon, 1+ week ago (174+ words) It aims to expand to 100 outlets by 2029. Austrian coffeehouse chain Coffeeshop Company is opening its first store in Delhi, marking its entry into the Indian market. The brand is entering India through a partnership with Franchise India. "Through our proven…...
Compose Coffee leads Korea’s budget coffee chains
1+ mon, 5+ day ago (103+ words) The chain scored 3.97 out of 5 in customer satisfaction. Jollibee Group's South Korean coffee chain, Compose Coffee, has received the highest customer satisfaction rating amongst South Korea's major budget coffee chains, according to a recent survey by the Korea Consumer Agency…...
Reborn Coffee plants flagship in Tencent’s new HQ in China
1+ mon, 1+ week ago (116+ words) US coffee chain Reborn Coffee Inc. has completed its flagship store at Tencent's new headquarters campus in Shenzhen, China, marking another step in the company's overseas expansion. The company said the store is expected to open after the Chinese New…...
Starbucks Korea’s tea sales amongst younger consumers up 20% YoY
1+ mon, 4+ week ago (199+ words) Grapefruit Honey Black Tea leads demand as tea gains traction. Starbucks Korea's sales of its tea beverages amongst customers in their 20s rose by about 20% year on year in 2025. During the year, the company sold roughly 30 different tea-based drinks. The most…...
Three O’Clock Café expands to Surat with 7th Indian outlet
1+ mon, 4+ week ago (105+ words) The new opening follows earlier outlets in Gurugram and expansion across Delhi NCR. Vietnamese coffee chain Three O'Clock Caf" has opened its seventh outlet in India in Surat, Gujarat, in partnership with Franchise India Brands Limited. The Surat opening follows…...