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  • April 17, 2014
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  1. News - China Insider - ENTERPRISE

    CCTV's criticism of Starbucks 'pricey coffee' prompts online backlash

    Posted Oct 21st 2013, 06:58pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com Chinese state television’s criticism of Starbucks’ “hefty product prices” in China and its demands for the coffee chain to be fair and to avoid price ... estimated a tall cafe latte costs barely less than five yuan to make. It also said Starbucks’ 32 per cent profit margin in the China/Asian-Pacific region in the second quarter of its 2013 fiscal ...

    http://www.scmp.com/news/china-insider/article/1336636/cctvs-criticism-starbucks-pricy-coffee-prompts-online-backlash
  2. Business - Companies

    Starbucks and Danone team up to take on growing U.S. yogurt market

    Posted Jul 24th 2013, 01:49pm by Reuters

    ... Reuters in Los Angeles Starbucks and Danone said they will sell a co-branded yogurt through Starbucks cafes and in grocery stores as yogurt makers and food companies battle for market share in the US$7 billion US market. The partnership comes as Starbucks pushes into the “health and wellness” category and as Danone, owner of the Dannon brand, and other yogurt makers seek ...

    http://www.scmp.com/business/companies/article/1289769/starbucks-and-danone-team-take-growing-us-yogurt-market
  3. Business - Companies

    Starbucks profit up, US sales surprisingly strong

    Posted Jul 26th 2013, 10:03am by Reuters

    ... Reuters in Los Angeles Starbucks’ same-store sales up nine per cent for China, Asia Pacific region and two per cent for Europe, Middle East and Africa region Starbucks has posted a bigger ... The world’s biggest coffee chain also raised its full-year profit forecast, sending shares soaring more than 6 per cent in after-hours trade. Seattle-based Starbucks is a top destination for consumers ...

    http://www.scmp.com/business/companies/article/1291077/starbucks-profit-us-sales-surprisingly-strong
  4. Business - Companies

    Starbucks roasted by British lawmakers over tax stance

    Posted Nov 13th 2012, 05:33am by AFP

    ... Agence France-Presse in London British lawmakers grilled global coffee giant Starbucks over its tax policies on Monday, arguing that claims that its British division was unprofitable “just ... the amounts of tax paid in Britain. Troy Alstead, Starbucks global chief financial officer, told lawmakers that the chain was “an extremely high tax payer” globally and denied tax avoidance. Starbucks ...

    http://www.scmp.com/business/companies/article/1081318/starbucks-roasted-british-lawmakers-over-tax-stance
  5. Comment - Insight & Opinion - MR. SHANGKONG

    What does Starbucks say of your status?

    Posted Oct 29th 2012, 12:00am by George Chen

    ... George Chen There is a not-so-subtle pecking order to be observed among Hong Kong's big-money operators and the places they take their clients to talk business What does a Starbucks ... several banks and wealth-management firms: a branch of Starbucks, and the pricier Classified. Some industry insiders say Starbucks is often occupied by junior, associate-level bankers conferring ...

    http://www.scmp.com/comment/insight-opinion/article/1072031/what-does-starbucks-say-your-status
  6. Business - Companies - ANALYSIS

    No quick fix for corporate tax take as pressure to act builds

    Posted Jun 14th 2013, 02:44pm by Reuters

    ... big business during an economic slump. Schemes used by Starbucks, Apple, Amazon and others, operating within existing law to minimise taxes, have prompted British Prime Minister David Cameron ...

    http://www.scmp.com/business/companies/article/1260726/no-quick-fix-corporate-tax-take-pressure-act-builds
  7. Business - Companies - COFFEE

    Nestle grows China coffee investment

    Posted Apr 08th 2013, 11:26am by Doug Young

    ... commitment looks remarkably similar to another big announcement nearly two years ago from Starbucks (NYSE: SBUX), one of the coffee industry's other major boosters and a big investor in China. That move saw Starbucks set up a joint venture to process, purchase and export locally grown arabica coffee beans from Yunnan. That announcement followed an earlier commitment by Starbucks to work ...

    http://www.scmp.com/business/companies/article/1209822/nestle-grows-china-coffee-investment
  8. Business - China Business - ACQUISITIONS

    Goubuli in talks to buy US coffee chain

    Posted Jan 10th 2014, 01:28am by Celine Sun and Ray Chan

    ... to buy would be positioned differently from potential rival Starbucks in the country, though both firms will be in the same specialty coffee market battling for customers. The move by Goubuli ... but said the coffee house had hundreds of outlets in more than 40 countries. "After acquiring it, we will help the brand open more shops in China," she said. Starbucks is the world's ...

    http://www.scmp.com/business/china-business/article/1401729/goubuli-talks-buy-us-coffee-chain
  9. Business - Companies

    Weibo: Tech execs trash CCTV consumer rights show

    Posted Mar 17th 2014, 01:32pm by Doug Young

    ... cases that tried to expose bad business practices. One of those saw CCTV criticize Starbucks (Nasdaq: SBUX) for its high prices, only to see many Chinese come to the coffee chain's defense ...

    http://www.scmp.com/business/companies/article/1450704/weibo-tech-execs-trash-cctv-consumer-rights-show
  10. Business - Money

    The Week Explained: Ikea controversy

    Posted Oct 15th 2012, 12:00am by Stephen Vines

    ... and women. Starbucks, on the other hand, must have made a more careful study of the market because it abandoned its green logo (closely associated with all things Islamic) and replaced its mermaid with a crown-themed logo. Starbucks has since flourished in Saudi Arabia. A far less controversial setback hit Ikea when a unit of the Jardine group started operating its franchise in Hong Kong. It failed ...

    http://www.scmp.com/business/money/money-news/article/1059608/week-explained-ikea-controversy

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