Weekly Coffee News: Yemeni Coffee Shop Boom + No-Tip Reversal
Welcome to DCN’s Weekly Coffee News! Subscribe here for all the latest coffee industry news. Also, check out the latest career opportunities at CoffeeIndustryJobs.com. Exploring the Yemeni Coffee Shop Boom in the U.S……. read more
Coffee News Recap, 1 May: Nestlé confirms Blue Bottle sale to Luckin backer, China cuts tariffs on Ethiopian coffee imports & other stories
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week.
Editor’s note
Nestlé has confirmed it will sell its majority stake in Blue Bottle Coffee to Centurium Capital, the private equity firm behind Chinese coffee chain Luckin. The deal, first reported in March 2026, values the roaster at around US$400m, a significant drop from its previous valuation of US$700m.
Under the reported terms, Centurium will take ownership of Blue Bottle’s physical cafés, while… read more