Author: Shawon Hannan

Blackstone, a prominent US investment firm, has initiated talks to acquire the submarine sandwich franchise Jersey Mike’s, as reported by the Wall Street Journal (WSJ). This potential deal is estimated to value the business at $8bn. The discussions between Blackstone and the New Jersey-headquartered sandwich chain are described as intermittent, with recent talks having decelerated. Nevertheless, Jersey Mike’s is open to exploring a deal with Blackstone or another prospective buyer. Originally established as Mike’s Subs in 1956 along the Jersey Shore in the United States, Jersey Mike’s has witnessed remarkable growth under CEO Peter Cancro, who took ownership in 1975…

Luckin Coffee, a renowned Chinese coffeehouse chain, has broadened its menu with the launch of the SEO Black Cup Gesha series, a new line of single-origin espresso beverages. This exclusive selection, boasting Gesha beans procured from Bench Maji in Ethiopia, is now accessible at all Luckin Coffee outlets throughout Singapore. Sourced by the brand’s dedicated global bean-hunting team, these beans are cultivated at elevations ranging from 1,909m to 2,609m, yielding a unique flavour profile. The Gesha collection encompasses various coffee styles, including Americano, Flat White, Latte, and Dirty, each priced at $4.50. Availability is limited. For new users who download…

Immerse yourself in the vibrant atmosphere of The London Coffee Festival 2024 Industry Days, slated for the 11th and 12th of April 2024. From the interactive Brew School sessions to the dynamic Latte Art Live zone and the insightful discussions in The Lab, this event promises an enriching experience for the entire coffee community. Prepare to delve into the essence of coffee culture at The London Coffee Festival Industry Days, a gathering point for professionals, enthusiasts, and novices united by their love for coffee. With a showcase of over 250 artisan coffee and gourmet food brands, complemented by tastings, live…