September 17, 2021

Coffee News Recap, 17 Sep: SCA postpones US Coffee Championships, Dutch Bros raises $500 million & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. 

  • Mon, 13 Sep – Starbucks US to donate to US Red Cross Disaster Relief. The Starbucks Foundation will donate US $400,000 as part of its US $1 million commitment to the Red Cross Annual Disaster Giving Programme. Donations will be used to support communities affected by wildfires and Hurricane Ida.
  • Mon, 13 Sep – Bentwood Vertical 63 grinder set for release on US market. The grinder contains vertically-aligned 63mm burrs, meaning beans travel through the grinder vertically. The spout vibrates to minimise grind retention, while the grind settings show the peak of particle distribution curves in micron measurements, rather than numbers. The Bentwood Vertical 63 grinder is set to debut at the Specialty Expo, which runs from 30 September to 3 October.
  • Mon, 13 Sep – Costa Coffee UK to increase staff wages. Hourly worker pay will increase by 5% from 1 October 2021. Employees will receive an hourly pay rise of at least £0.45 (US $0.62), increasing hourly minimum pay to £9.36 (US $12.96).
  • Mon, 13 Sep – The Coffee Watch launches on Kickstarter. Lilienthal Berlin and Kaffeeform partnered on the Coffee Watch’s design for 3 years. The casing is made from recycled coffee grounds collected from coffee shops and roasters in Berlin. Designs include the “Espresso”, “Latte”, “Americano”, and “Macchiato”.
  • Wed, 15 Sep – Dutch Bros raises US $500 million in IPO. The drive-thru chain’s shares closed at US $36.92 on its first day of trading – 61% higher than the opening price of US $23. Dutch Bros raised US $100 million more than estimated.
  • Wed, 15 Sep – Solo Coffee releases RTD Espresso Shot. Each shot is made from the London company’s coffee concentrate and comes in a 60ml (2.2oz) bottle. A single Espresso Shot contains 127mg of caffeine.
  • Wed, 15 Sep – Melitta Professional unveils new branding. The German company has launched a new corporate design and brand logo to increase its presence in the OOH market. The previous logo will be reincorporated into the new design.
  • Thu, 16 Sep – Caravela Coffee Talks releases women-focused podcast series. Its 12 episodes will include 12 female coffee professionals working at various levels of the supply chain. The first episode, featuring guest Amaris Gutierrez (Director of Roasting at Joe Coffee Company and founder of the Women in Coffee Project), will air on 29 September.
  • Thu, 16 Sep – Results of 2021 Laos Coffee Competition announced. Funded through the USDA’s CLEAN Project to improve the Laotian agriculture sector, the event was the first of its kind in the country. The highest scoring coffee was a natural process from the Jing Jhai Coffee Coop, which reached 85.35 points.

Here are a few news stories from previous weeks that you might find interesting. Take a look.

  • Thu, 9 Sep – Rancilio Group opens headquarters in Shanghai. The new branch will support and promote Rancilio’s expansion strategy in the Chinese market. Rancilio Group China will oversee commercial relations with local distributors, coffee roasters, and local and international coffee chains.
  • Fri, 10 Sep – Over 70% of MICE 2022 tickets booked. The 2021 event was postponed to 2022 after rising Covid-19 cases. The 2022 event will be held from 27 to 30 September and will host the World Barista Championship and World Brewers Cup.
  • Fri, 10 Sep – Oatly announces winners of Big Idea Grant for Coffee. Almost 200 applications were submitted to the company’s call for funding admissions. Seven US coffee companies will receive between US $500 and $100,000 for their individual sustainability projects.
  • Fri, 10 Sep – SCA to postpone 2021 US Coffee Championships. The Specialty Expo will still be held in New Orleans from 30 September to 3 October. The SCA will donate 50% of all attendance revenue to local coffee businesses to support recovery efforts after Hurricane Ida.
  • Fri, 10 Sep – ICO holds 130th session virtually. Over 40 members of the organisation, representing importing and exporting countries, discussed the budget for 2021/22 and commenced revisions of the current 2007 International Coffee Agreement. Members also reviewed candidacy for the Executive Director role, who will be taking office on 1 May 2022.

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Want to keep up with current affairs in the coffee industry? Check out last week’s stories.

Photo credits: @brunogouvea