Sharp slowdown in branded coffee shop growth

first_imgBrexit uncertainty and tough high street trading have taken their toll on branded coffee shop openings, according to a new study.The UK branded coffee shop market grew by just 70 outlets in 2019 to 8,222, an increase of 0.9% year-on-year, according to Project Café UK 2020, Allegra World Coffee Portal’s report on the UK café industry.Twelve months ago, researchers reported that the market had grown 8.7% year-on-year.The cost of property, labour and the impact of Brexit were cited as the top three challenges facing coffee shops, with 56% of industry leaders believing there was still plenty of growth potential for branded café chains in the UK.Allegra expected reduced uncertainty on the UK’s future relationship with the European Union, alongside major merger & acquisition activity including Coca-Cola’s purchase of Costa Coffee and Causeway Capital’s rebuilding of the Patisserie Valerie brand, to bring increased investment and outlet growth in 2020.“Following two years of tough trading, the UK coffee shop market has held up well against significant headwinds,” said Allegra Group CEO and founder Jeffrey Young.“We expect outlet growth to regain momentum during the next two to three years and forecast better times ahead for those operators that can readily capitalise on the opportunities and adapt to the challenges in what will remain a highly competitive market.”World Coffee Portal has forecast further transformation in the industry in 2020, with major brands launching new formats, including travel kiosks, drive-throughs and specialised sub-brands.It expected the UK branded coffee shop market to top 9,400 outlets by the end of 2024, displaying a five-year CAGR of 2.7%.last_img read more

FIFA World Cup Trophy to Arrive Nigeria March 3

first_imgNigeria became the first African country to qualify for the 32-team finals when beating Zambia 1-0 in Uyo on 7th October, plucking the lone slot from Africa’s so-called group of death with one match to spare, but will only know their group phase opponents after the Draw Ceremony at The Kremlin in Moscow on 1st December.The FIFA World Cup Trophy Tour is usually a chance to see the Original FIFA World Cup Trophy, and this time, fans from all over the world will have the opportunity of seeing the trophy and having their photo taken with the famous diadem from 9th September 2017 to 7th June 2018.The 21st FIFA World Cup finals will be staged across 12 venues in 11 cities in the world’s largest nation between Thursday, 14th June and Sunday, 15th July 2018.The venues are Ekaterinburg Arena (Ekaterinburg); Kaliningrad Stadium (Kaliningrad); Kazan Arena (Kazan); Luzhniki Stadium and Spartak Stadium (both in Moscow); Nizhny Novgorod Stadium (Nizhny Novgorod); Rostov Arena (Rostov-on-Don); Saint Petersburg Stadium (Saint Petersburg); Samara Arena (Samara); Mordovia Arena (Saransk); Fisht Stadium (Sochi) and; Volgograd Arena (Volgograd).PREVIOUS WORLD HOST NATIONS AND WINNERS1930: Uruguay (Winner: Uruguay)1934: Italy (Winner: Italy)1938: France (Winner: Italy)1950: Brazil (Winner: Uruguay)1954: Switzerland (Winner: West Germany)1958: Sweden (Winner: Brazil)1962: Chile (Winner: Brazil)1966: England (Winner: England)1970: Mexico (Winner: Brazil)1974: West Germany (Winner: West Germany)1978: Argentina (Winner: Argentina)1982: Spain (Winner: Italy)1986: Mexico (Winner: Argentina)1990: Italy (Winner: Germany)1994: USA (Winner: Brazil)1998: France (Winner: France)2002: Korea/Japan (Winner: Brazil)2006: Germany (Winner: Italy)2010: South Africa (Winner: Spain)2014: Brazil (Winner: Germany)Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The Original FIFA World Cup, which Nigeria’s Super Eagles and 31 other teams will be competing for at the 21st FIFA World Cup finals in Russia next summer, will arrive in Nigeria on Saturday, March 3, 2018.NFF General Secretary, Dr. Mohammed Sanusi, told wednesday that confirmation has come from world football-governing body, FIFA, that Nigeria is among the countries where the iconic trophy would be visiting before next year’s major showpiece.“We have confirmation now. The World Cup trophy will be in Nigeria on 3rd March 2018,” Sanusi said.last_img read more

Kobe Bryant: “When I’m ready, I’m ready”

first_imgNo matter how relentless Kobe Bryant rehabs his left Achilles tendon, it appears he will have to push more before nearing the finish line.Around the same time overcast clouds filled Los Angeles, Bryant greeted reporters at the Lakers’ facility in El Segundo wearing a pair of shades and a possible suggestion that hardly would bring much cheer to this city.Bryant said he needs to condition for three weeks so he can fully restore his stamina, explosiveness and flexibility before returning to play. He said he he will begin those exercises once he can run and jump without feeling like he has what he called “Bambi legs.”It seems doubtful Bryant will play in the Lakers’ season opener Oct. 29 against the Clippers at Staples Center. Not that he sounds worried. Bryant had the procedure on his right knee and left ankle in 2011, but he doesn’t envision any benefits until his Achilles recovers.“I’m not where I was the first time I went and had the procedure in terms of being able to run as much,” Bryant said. “But I can do some things.”He’s currently running at his full body weight on a treadmill. To maximize flexibility and mobility in his Achilles tendon, Bryant has performed calf raises throughout the day. Before his trip to Germany, Bryant participated in light shooting and jogging drills without reporting any setbacks.Bryant also will have to change his diet after allowing himself to indulge on sugar cookies and donuts during his recovery.“I got to get my fat [behind] in shape,” Bryant said. “I had six months of eating whatever the hell I wanted to eat and not running, and stuff like that caught up to me.”It sounds like he’s eager to start that next step.“I’ll be happy when I can get out there on the floor and do what I do best,” Bryant said. “All of this right now is just the process to get to that point.”A process that has left Bryant occassionally frustrated about his recovery.“I’m not sure what triggers those moments or why they come,” Bryant said. “It’s just an ongoing process that seems is going to go on forever. You have those moments where you doubt yourself a little bit. But I try not to let it sit with me. I try to use it as motivation to get on the floor.”It hardly sounds glamorous. But Bryant refuses to deviate from his regimented routine that calls for daily physical therapy, a routine he described as a “marathon.”“I try not to think about it. Just get up and it’s almost like Groundhog Day,” Bryant said. “Some days are more exciting than others. But I just roll out of bed and go to work.” “I just keep it all open right now,” Bryant said. “I don’t know why you guys are so hell bent on timelines. That’s ridiculous. It’s entertaining to me. When I’m ready, I’m ready.”The Lakers haven’t offered any timeline beyond their estimate when Bryant tore his Achilles April 12 that he’d stay sidelined for at least six to nine months. Bryant will accompany the Lakers for their game Thursday against the Sacramento Kings at MGM Grand Garden Arena in Las Vegas, as well as their week-long trip to China where the team will play a pair of exhibition games against the Golden State Warriors in Beijing (Oct. 15) and Shanghai (Oct. 18).Bryant is used to such travel.He spent last week in Germany undergoing Orthokine treatment on his right knee. That procedure entailed Bryant’s blood being drawn, spun in a centrifuge and then reinjected into the knee in hopes to reduce the inflammation. “It was cold,” Bryant joked about the trip. “Everything was great. I just felt like having a vacation.”center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more