SEOUL, Nov. 15 (Korea Bizwire) – Rising international coffee prices this year could hit South Korea soon, industry officials said Tuesday, although major franchises and coffee companies say they have no immediate plans for a markup. The International Coffee Organization (ICO) in its October report noted the significant rise in coffee prices, with Robusta, used [...]
SEOUL, Nov. 11 (Korea Bizwire) – A Korean-designed holiday cup is now in use at 23,000 Starbucks coffeehouses in 75 countries across the world. According to Starbucks Korea, a design by 24-year-old Kwon Eun-joo was selected as one of the 13 cups for this year’s Red Cup Contest on Instagram, hosted by the global coffee [...]
SEOUL, Nov. 8 (Korea Bizwire) – Planners made by Starbucks have again become a trend item this year among young women who have formed an online market to buy and sell the diaries at marked up prices, the coffee franchise said Tuesday. Starbucks is giving out free planners this year for 2017 in four colors [...]
SEOUL, Nov. 7 (Korea Bizwire) – If there’s one thing about Korean culture that foreigners may find interesting, it could be the country’s nightlife. Koreans not only work late hours, but are seemingly most active at nights, and there are few city neighborhoods without 24-hour franchise cafés or restaurants on standby for late-night customers. A [...]
SEOUL, June 30 (Korea Bizwire) – Starbucks Korea’s latest eco-friendly effort, using coffee grounds as compost to grow crops and purchasing the harvested products, was chosen as June’s ‘Excellent Example of Coexistent Cooperation in Agricultural Products’ by the Ministry of Agriculture, Food and Rural Affairs (MAFRA). According to the ministry, Starbucks Korea is currently supplying [...]
SEOUL, June 24 (Korea Bizwire) – Starbucks Korea’s latest promotional campaign to provide free coffee to soldiers who are on special leave granted by the president is triggering controversy among some women. Women’s organizations such as WOMAD and Megalia have been bombarded with comments and complaints regarding the recent promotion, with many claiming that it is [...]
SEOUL, April 12 (Korea Bizwire) – Major franchise coffee shops in South Korea saw their revenue fall in 2015 in the face of tougher competition with cheap take-out coffee amid economic slowdown, heading to another tough year, data showed Tuesday. Homegrown coffee brands have sprung up in Asia’s fourth-largest economy over the past decade to [...]
SEOUL, March 29 (Korea Bizwire) – Starbucks Korea opened three more “startup” cafes aimed at helping foster the launch of creative businesses by young adults on Tuesday in partnership with the government. The Ministry of Science, ICT and Future Planning and the Presidential Committee on the Young Generation have reached out to the local arm [...]
SEOUL, Feb.15 (Korea Bizwire) – From cheap convenience store coffee to 5,000 won beverages at popular coffee franchises, the domestic coffee market seems to be in chaos. Consumers are facing a vast range of products at different prices, and are coming away confused. Industry officials say that there are differences in roasting skills, but the [...]
SEOUL, Nov. 30 (Korea Bizwire) – South Korea’s location-based coupon application provider YAP Company said Monday it has agreed to export its technology to Starbucks stores in Hong Kong, beefing up its efforts to tap the Chinese market. YAP Company currently operates an application, dubbed YAP, in South Korea, which allows users to download coupons [...]