Home / Business / Food & Beverage Tools: Save | Print | E-mail | Most Read | Comment
Starbucks pushes China sales with local brew
Adjust font size:

Banking on China growth to offset the business slump in the United States, Starbucks, the world's largest coffee shop chain, is doing more than just opening more outlets. It is brewing a new blend, romantically called "South of the Clouds", of beans grown in Yunnan, the scenic southwest province that is better known for its dark tea than brown coffee.

Starbucks pushes China sales with local brew [Maverick/China.org.cn]
Starbucks pushes China sales with local brew [Maverick/China.org.cn]


How would the Seattle-based coffee vendor describe the taste of its new brew to attract newly converted Chinese coffee drinkers? Imagine these definitions of the abstract taste: bright acidity, herbal spiciness and cocoa feel.

As confusing as these words may sound to the intellect and the senses, the company is going ahead to introduce the mysterious blend first in China and then in Singapore and Malaysia. The innovative move is seen as an important part of Starbucks strategy to maintain a double-digit growth rate in the China market at a time when business in the US is taking a hard hit from the fallout of the credit crisis.

In the past year or so, Starbucks closed more than 200 coffee shops in the US. The company said its business in China has not felt the impact of the global economic slowdown and it maintained that sales of coffee drinks in China could one day rival that of the US market.

"We will still invest and grow in China. I don't see anything changing in that regard. China is an extremely important country for us," said Martin Coles, president of Starbucks Coffee International.

Starbucks opened its first store on the Chinese mainland in 1999 and now has more than 350 outlets in 26 cities. It has become one of the, if not the, most popular coffee brands among Chinese white-collar workers.

Starbucks' optimistic outlook for China stands in sharp contrast to its latest financial results. The company's net profit for fiscal 2008 plunged 53 percent from 2007 to US$315.5 million. The 38-year-old coffee chain has nearly 16,000 outlets around the world, with about 11,000 in the US.

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Starbucks pushes China sales with local brew
- Starbucks pulls peanut butter products from stores
- China-brand coffee to be served in Starbucks
- Starbucks goes local in Yunnan
- Starbucks wastes 23 mil litres of water each day
- Starbucks plans to expand

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 亚洲一区二区三区欧美| 免费国产怡红院在线观看| 亚洲自国产拍揄拍| 国内自拍成人网在线视频| 中文字幕人妻无码一夲道| 日韩资源在线观看| 亚洲免费小视频| 欧美第一页浮力影院| 人妻av无码专区| 精品无码三级在线观看视频| 国产一级毛片大陆| 高清性色生活片a| 国产欧美日韩另类精彩视频| 2021国内精品久久久久影院| 在公交车上弄到高c了漫画| japonensisjava野外vt| 影音先锋男人天堂| 中文字幕亚洲欧美专区| 日本bbw搡bbbb搡bbbb| 久久成人综合网| 日韩视频免费在线观看| 亚洲a在线播放| 欧美三级一级片| 亚洲天堂中文字幕| 欧美日韩精品一区二区三区高清视频| 人人妻人人做人人爽精品| 福利一区二区三区视频在线观看| 区二区三区四区免费视频| 美女私密无遮挡网站视频| 国产gaysexchina男同menxnxx| 里番库全彩本子彩色h可知子| 国产成人亚洲精品电影| 国美女福利视频午夜精品| 国产激情久久久久影| 性一交一乱一伧老太| 国产精品一区二区三区免费| 77777亚洲午夜久久多喷| 国产青榴视频在线观看网站| 91精品在线看| 国产美女网站视频| 3d动漫精品啪啪一区二区中文|