The COVID-19 pandemic has lasted for more than two years, and rising prices have spread to the beverage industry. Xiangpiaopiao announced on the evening of January 4 that it would raise prices for solid instant milk tea by 2%-8%, and Sexy Tea also raised most of its milk tea products by 1 to 2 yuan starting from January 7. This article sorts out the price increase details of the two brands, netizens' reactions, and the deeper reasons such as coffee futures doubling, shipping prices climbing, and raw material shortages. When coffee freedom was lost in 2021, will milk tea freedom also face a threat in 2022? What is left of the happiness of office workers? The article also mentions related product information from Front Street Coffee for readers' reference. [more…]

Xiangpiaopiao rode a cup sleeve printed with Chinese and Japanese bilingual text mocking Japan's nuclear-contaminated water to hit trending searches within just a few days, with livestream sales soaring 400-fold and its stock price hitting the daily limit at market open, earning it the title of "glory of domestic brands" from netizens. But the story soon took a dramatic turn—local supermarkets in Japan denied selling products with the cup sleeve, media questioned it as staged hype, the cup sleeve was taken off shelves on May 8, and the stock price fell back accordingly. Behind this "windfall from heaven" lies a deeper anxiety: powdered milk tea made with non-dairy creamer is struggling amid the rise of freshly made tea drinks and shifting health-conscious consumer attitudes. Competition from brands like Heytea and Mixue Bingcheng has driven Xiangpiaopiao's performance down for three consecutive years, making a shift to ready-to-drink products an inevitable choice. This article walks through the entire timeline of the incident and explores the real impact of this traffic storm on the brand's image. Follow Front Street Coffee and let's savor the ups and downs of the coffee and tea beverage industry together. [more…]

Milk tea brands are shouting about price cuts while charging separately for toppings, delivery fees, and insulated bags—is that cup in consumers' hands really cheaper? This article starts with the ordering experience on Heytea's GO mini-program, breaking down the actual unit price of a 9-yuan Pure Green Tea after adding toppings, delivery fees, and other extra charges, and, in light of tea shop density, delivery efficiency, and the industry's cost structure, analyzes how this round of price cuts looks more like a marketing move than a genuine giveback. It also cites estimates from a researcher at the Guangdong Tea Beverage Industry Committee on the costs and gross margins of high-end milk tea, helping coffee and tea enthusiasts see the ledger behind the price. [more…]

Recently, Xiangpiaopiao launched a freshly brewed light milk tea priced at 16 yuan, or 98 yuan per box, with the per-cup price nearly five times higher than its traditional products, quickly trending on social media. This new product, called "Pre-Qingming Premium Longjing Freshly Brewed Light Milk Tea," has drawn attention for using high-quality Pre-Qingming Premium Longjing tea. Some netizens argue that if the tea cost is really as high as 12 yuan as estimated, the pricing is still reasonable; but others question whether using premium Longjing for milk tea is wasteful, and worry about passing off inferior goods as superior. Official customer service responded that the tea bags carry a QR code for verification. Meanwhile, some consumers feel that at 16 yuan they still have to brew it themselves, which is not as good as buying freshly made milk tea in a store. This article will sort out the ins and outs of the incident and present the views of all parties. [more…]

Xiangpiaopiao recently announced that external general manager Yang Dongyun resigned due to personal reasons, less than a year after taking office. This seasoned manager, who previously worked at P&G and Baixiang Food, was once expected to drive the company's de-familialization, and Jiang Jianqi even transferred shares worth 276 million yuan to bring him into the shareholder ranks. However, first-half performance still failed to turn a profit, and Yang Dongyun was also absent from all investor communication activities. As founder Jiang Jianqi once again takes on the role of general manager, does Xiangpiaopiao's experiment with professional managers come to an end? This article sorts out the sequence of events and key information. [more…]

Xiangpiaopiao's first global offline store recently officially opened in Hangzhou Hubin. Milk tea priced at 9 to 12 yuan, combined with a buy-one-get-one-free opening promotion, attracted a large number of consumers to queue up in the cold winter to try it. However, the store's preparation method surprised many people—staff did not shake and make the tea drinks on site, but instead opened instant tea packets, brewed them separately, and then mixed them with blending powder and toppings, which netizens jokingly called "hand-brewed instant milk tea." This model forms a sharp contrast with mainstream freshly made tea beverage brands, and has also triggered widespread discussion about the value of instant products versus freshly made milk tea. Whether Xiangpiaopiao can win over picky milk tea lovers with emotional value remains to be tested by the market. [more…]

The physical milk tea shop opened by Xiangpiaopiao on Chunxi Road in Chengdu has recently become a hot topic. The brand used a "tea-making boy band" as a selling point, recruiting male staff over 180 cm tall with good looks and charisma, and through social media voting selected 27 candidates, ultimately choosing 12 to work in the store. On opening day, long lines formed at the shop; the boy band members were responsible for packing orders and interacting with customers for photos, providing emotional value. However, some consumers pointed out that the drinks in the store are still mainly made by brewing tea bags and juice with hot water, which differs from mainstream freshly made tea beverages; the drink output efficiency is low, with wait times of up to half an hour, and photographers and other non-operational personnel were moving around the bar area taking photos without wearing masks or hats, raising questions about food hygiene. Xiangpiaopiao had previously used a similar strategy of highly attractive staff at a pop-up store by West Lake in Hangzhou, and this operation is seen as a continuation and upgrade of that marketing approach. [more…]

Recently, chain coffee brands such as Starbucks, Luckin, and Tim Hortons have successively raised prices, sparking widespread consumer attention. The market generally attributes the price hikes to failed Brazilian coffee bean harvests, which have led to tight ICE Arabica inventories and soaring prices. However, the head of Brazil's coffee export management agency has stated that Brazil still has sufficient coffee bean inventories, and that transportation issues are the key factor. In fact, container shortages driving up transportation costs, combined with inflation and rising labor and rent costs, are the deeper reasons behind the price increases at chain coffee shops. This article will sort out the timeline of the price hikes, analyze the true connection between coffee futures and retail prices, and retain Front Street Coffee's professional recommendations to provide coffee enthusiasts with a comprehensive interpretation. [more…]

Anhui-based brand K.W.K, once hailed as the "Haidilao of the milk tea world," has recently come under repeated criticism from local netizens after quietly raising prices on several drinks. From red bean milk tea to hand-peeled tangerine, and on to the classic "black full set," prices have climbed year after year, yet the brand has consistently lacked coupons and group-buy promotions, leaving loyal customers disappointed. Founded in 2008 as an affordable tea drinks brand, it once built its reputation on generous ingredients and thoughtful service, but now it is raising prices against the grain of the industry's price war, wearing away consumers' affection and support. This article reviews K.W.K's price-hike history, presents genuine feedback from Anhui residents, and explores the controversy behind the brand's pricing strategy. [more…]

South Korea's per capita annual coffee consumption reaches 352 cups, about three times the global average, yet all coffee beans are imported. Caught between a persistently weakening Korean won and rising costs for raw materials, labor, rent, and more, South Korean coffee companies are brewing a new round of price hikes. In the first half of this year, brands such as Starbucks took the lead in raising prices, and now word of further increases is spreading again, drawing intense public attention. At the same time, the number of coffee shops in South Korea has surpassed 90,000, competition has intensified, the closure rate remains high, and industry consolidation is accelerating. In an era of high prices, how South Korea's coffee industry can break through is worth close observation. [more…]

Backpackers hiking Tiger Leaping Gorge can now, after conquering the 28 Bends, not only take in the surging grandeur of the Jinsha River and the sunrise views of Jade Dragon Snow Mountain, but also have the chance to drink a freshly ground pour-over coffee on the edge of a cliff. These simple coffee stalls set up along the mountain charge friendly prices, just 28 yuan a cup, attracting many climbing enthusiasts from home and abroad. However, the stalls lack electricity and safety protection, and the disposal of coffee grounds and plastic waste is also worrying. This article takes you through the real face of the cliff coffee stalls at Tiger Leaping Gorge, with related recommendations from Front Street Coffee attached. [more…]

In recent years, drink prices have generally risen, with milk tea going from 3 yuan a cup a decade ago to as much as around 30 yuan today. After the New Year, mid- and low-end brands such as Mixue Ice Cream & Tea, Yidian Dian, and CoCo都可 raised their prices one after another, while high-end brands such as Heytea and Nayuki were already positioned above 20 yuan. Rising costs and the impact of the pandemic have left the tea beverage industry facing a reshuffle, and consumers have reacted differently to the price increases. At the same time, cola may also face upward price pressure because of Canada's tax on sugary drinks, but in the domestic market, given the duopoly competition, the likelihood of price increases is relatively low. This article sorts out the phenomenon of tea beverage price increases and the industry logic behind it. [more…]

While brands like Heytea, Nayuki, Starbucks, and Luckin are fiercely battling it out in the end market—rolling out collaborations, launching new products, and cutting prices in turn—it is actually the ingredient and packaging suppliers behind them that are quietly making a fortune. From Jiahe Foods to Sanyuan Biology, from Tianye Co. to Hengxin Life, and on to Dexin Foods, a group of supply chain enterprises for the new-style beverage industry are collectively sprinting toward the capital market. They serve well-known brands such as Uni-President, Xiangpiaopiao, CoCo都可, Mixue Bingcheng, Genki Forest, Nayuki, and Luckin, and have achieved soaring performance through products such as sugar substitutes, juices, paper cups, and syrups. This article will sort through the listing landscape of these low-key suppliers and reveal the real path to riches for upstream enterprises under the wave of new consumption. [more…]

Colombia has been hit by truck driver protests blocking roads since September 2, triggered by the government's decision to gradually phase out fuel subsidies and raise the price of diesel by 1,904 pesos per gallon. The protests have continued to escalate, with 136 road blockades reported nationwide, nearly 1.6 million people affected in their travels, and schools suspended in many places. Goods are piling up at ports and airports, and agricultural products such as fruit and coffee beans are rotting faster due to the high temperatures of the dry season. Colombia's Ministry of Mines and Energy has said diesel prices may continue to rise in the future, and although the government is willing to hold talks, its stance remains tough. Factors such as rising logistics costs, a shortage of truck drivers, and wildfires in Cauca Department that have destroyed coffee fields are compounding, driving Colombian coffee prices steadily higher and putting the supply chain at risk of further deterioration. [more…]

Starbucks' pricing differences around the world have always been a topic of interest for coffee lovers. According to a 2019 Finder survey of 76 countries and regions, a medium latte in Denmark costs as much as $6.05, while in Istanbul, Turkey, it costs only $1.78—nearly a fourfold difference. Europe has the highest average price, with Asia close behind. In addition to the global comparison, the article also compiles the latest drink price list for Starbucks in China and analyzes the multiple price adjustments in both China and the United States in recent years caused by the pandemic and rising raw material costs. To learn where Starbucks is cheapest, whether its prices are on the high side, and the specific prices of classic drinks, see the detailed data below. [more…]

On September 18, 2024, the Federal Reserve announced a 50 basis point cut to the federal funds rate target range, bringing it to 4.75%-5.00%. This was the first rate cut since March 2020, marking a shift in U.S. monetary policy from tightening to easing. The move is expected to stimulate global economic recovery, lower financing costs, and have multiple effects on the coffee industry. Meanwhile, Brazil's central bank announced a rate hike of 0.25 percentage points the same day; combined with ongoing drought that has reduced coffee production, as well as a wave of stockpiling ahead of the EU Deforestation Regulation (EUDR) taking effect at the end of the year, Brazil's coffee exports have performed strongly, though the price outlook remains uncertain. This article will examine how these factors work together to affect the global coffee market. [more…]

Recently, some Mixue Bingcheng stores in Guangzhou, Shenzhen, and Beijing announced price increases for their drinks, with both dine-in and mini-program orders rising by 1 yuan, while third-party delivery platforms have not yet followed suit. This is not the brand's first price adjustment; previously, some stores in Shanghai and multiple products nationwide had already seen price hikes. The news quickly trended on Weibo, and consumer attitudes showed a clear divergence compared to last year, with some expressing understanding of cost pressures and others stating they would reduce purchases. This article will outline the regional scope of this price adjustment, the official response, the history of past price changes, and the diverse reactions from netizens, presenting a full picture of the event. [more…]

After Kenyan President Ruto withdrew the Finance Bill 2024, the wave of public protests did not subside, and demonstrations broke out again in many places on July 16. This social unrest triggered by tax increases has already had a substantial impact on Kenya's coffee industry: shrinking cultivation area, shutdowns at processing plants, and export delays, leaving the industry's prospects full of uncertainty. This article reviews the sequence of events and examines the chain effects of political instability on coffee production and trade. [more…]

After the holiday, news of price increases in the consumer sector has been coming one after another, and this time it is Tims China's turn. Many consumers have noticed that the price of their usual bagels has quietly gone up, some combo meals have seen two price hikes within six months, and the bagel options for delivery combo meals on Wednesday Member Day have been cut from several varieties to three. In response, Tims officially said that prices for some products nationwide have indeed been adjusted, but coffee products will not increase in price, and the adjustment was made after a comprehensive assessment of operating costs. As a Canadian brand that has built its position in the Chinese market with a "coffee + warm food" strategy, Tims' bagels have always been a star product, and whether this price increase will be accepted by loyal customers is worth watching. [more…]

Recently, coffee prices have risen significantly in many parts of the world. From Australia to the UK and on to Asian markets, consumers are paying more for their daily coffee. Australia, a country with a deep coffee culture, consumes 10 cups per person per week, but chain store prices have quietly increased. Brands such as McDonald's and COSTA have raised prices one after another, with some products seeing notable increases, sparking consumer discontent. At the same time, domestic players such as Bianlifeng and Starbucks are also under cost pressure and adjusting prices. Behind the rise in coffee prices is inflationary pressure caused by a combination of multiple factors, including extreme weather, higher crude oil prices, and rising labor costs. Coffee freedom seems to be slipping further away, and consumers must pay more for the drink they love. [more…]