Both domestic and international coffee chains are feeling the impact, with Starbucks emerging as one of the biggest losers. The chain, once synonymous with coffee in China, fell to 14 per cent of ...

During January’s Q1 earnings call, Starbucks ... term business impact of the coronavirus outbreak on the company, but now we have a clearer idea of the short-term effects in China.

As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee regained momentum in the last quarter by focusing on lower ...

TOKYO -- Stagnant Chinese consumption is challenging global chains like KFC and Starbucks, while traditional local restaurant operators are also struggling to gain momentum. Yum China -- which ...

The Chinese beverage giant Mixue Group has become the world’s largest F&B chain by number of outlets, overtaking Starbucks ... though the impact remains to be seen, he said. “China does ...

A new Yunnan province coffee-bean farm marks the first time Starbucks will grow its own coffee, as the U.S. chain eyes further expansion in China. Video courtesy of Reuters.

A LinkedIn user reflected on the surprising and possible impact ... coffee than Starbucks. The post read, “Don’t know about you, but I wouldn’t want to risk a trade war with China.

Their IPOs come at a tense time for US-China relations, and successful public ... Luckin is taking on Starbucks, which controls more than 50% of the Chinese market and plans to grow its store ...

Starbucks China on Tuesday has unveiled its sugar-free flavored coffee products across more than 7,600 stores nationwide, allowing health-conscious customers to have greater control over the ...