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网传星巴克将出售星巴克中国70%股份
Xin Lang Cai Jing· 2025-08-05 11:17
Core Insights - Starbucks is in discussions to sell 70% of its stake in Starbucks China, with each buyer holding no more than 30% [1] - Starbucks will retain 30% of Starbucks China, remaining the majority shareholder [1] - Currently, Starbucks is evaluating bids, transaction structures, and post-acquisition value creation plans from potential buyers [1] - Nine institutions have confirmed participation in the second round of bidding, with the highest valuation for the equity stake reaching $10 billion [1] - The final list of potential buyers is expected to be revealed within two months [1]
中国咖啡店全球第一,还造不好咖啡机?
3 6 Ke· 2025-08-05 06:53
Group 1 - The number of coffee shops in China reached 49,691 in 2023, surpassing the United States to become the largest globally [1][4][6] - Per capita coffee consumption in China increased to 22.24 cups in 2022, more than doubling from 9 cups in 2020, with some first-tier cities exceeding 300 cups [2][4] - The market for freshly brewed coffee in China has grown significantly, with its market share rising from 18.5% in 2020 to 40.2% in 2023, and is projected to exceed 220 billion yuan by 2025 [6][9] Group 2 - The commercial coffee machine market in China is expected to grow from 5 billion yuan in 2023 to over 8 billion yuan by 2025, with a compound annual growth rate (CAGR) of 15% [11][12] - The overall coffee machine market in China is projected to expand from 1.11 billion yuan in 2018 to 2.95 billion yuan by 2024, with a CAGR of 22.7%, significantly outpacing the global growth rate of 2.5% [11][12] - Imported coffee machines dominate the high-end market, with foreign brands holding over 80% market share in the ultra-high-end segment [13][15] Group 3 - Domestic coffee machine brands are focusing on affordability and portability, targeting household users with compact designs and competitive pricing [26][30] - The sales of household coffee machines in China reached 2.46 billion yuan in 2023, with a year-on-year growth of 12.7% [30] - China's coffee machine exports reached 17.46 billion yuan in 2024, with a surplus of 16.6 billion yuan, indicating a strong manufacturing base [30][32]
星巴克连续6个季度同店销售下滑!砸5亿美元救市能否挽回颓势
Jin Rong Jie· 2025-08-04 13:56
Core Insights - Starbucks has experienced a decline in global same-store sales for the sixth consecutive quarter, prompting the company to implement a "green apron service" model to boost sales [1] - The company plans to roll out this new service model to U.S. company-operated stores by mid-August, alongside store renovations, system upgrades, and new product launches, which will significantly increase costs [1] - Same-store sales have decreased by 2% globally and in North America, remained flat internationally, while China saw a 2% increase [1] - Overall sales increased by 4% to $9.5 billion, but adjusted earnings per share fell by 46% [1] - The company is seeking strategic partners for its China business while retaining some equity [1] - Some institutions, such as Stifel and JPMorgan, have maintained or raised their ratings and target prices for Starbucks, although the stock appears expensive based on valuation [1] - William Blair reiterated a "neutral" rating, while Citigroup lowered its target price and also assigned a "neutral" rating due to transformation costs, slow recovery, and associated risks, advising investors to be cautious [1]
估值超350亿,星巴克中国确认要卖了
东京烘焙职业人· 2025-08-04 08:33
失去定义权之后。 文 | 沈嵩男 以下文章来源于天下网商 ,作者天下网商 天下网商 . 记录互联网商业的人物和故事。 7月29日,星巴克发布了其2025财年第三季度(截至2025年6月29日)的财报。其中,三季度的咖啡门 店业务,营收89.18亿美元(未计入非咖啡门店的"其它业务收入"约5.38亿美元),略超市场预期。 增长主要由在过去的12个月里,企业在全球累计新开的1151家自营门店所带来的9.27亿美元增量收入所 驱动。其中,企业的基本盘北美市场收入69.27亿美元,同比微增1.6%,占企业咖啡门店营收比重约 73%。 聚焦中国市场,营收7.90亿美元,同比增长8%——这一营收规模,可以排在企业自2023财年以来的 TOP3。增长的背景,是同比上个财季,中国市场门店数量新增522家,同时借助外卖平台的权益让利、 官方菜单的结构性调价,用更多的门店、更低的实付价,以价换量。得益于此,星巴克止住了连续四个 季度同比下滑的同店销售额(环比修复),同比增长约2%,同店销量也略微回暖,增长6%。 截至6月份季度,星巴克在中国开有7828家门店。这是自1999年在北京开出首店以来,星巴克在中国耕 耘逾25年的成果。 ...
X @The Wall Street Journal
The coffee chain that won't leave Starbucks alone is now coming for America. 🔗 https://t.co/EwqUnALRci https://t.co/MRpwp1b6Eu ...
Starbucks Stock: Store Sales Slump, but Is a Turnaround Near?
The Motley Fool· 2025-08-03 13:15
A turnaround is in progress, but at a high cost.Starbucks (SBUX -2.52%) reported its fiscal third-quarter results, and global same-store sales slumped once again. It was the sixth straight quarter the company has seen its comparable-store sales decline.However, it's taking action to try to boost sales. This includes implementing a Green Apron Service model, which aims to create consistent, repeatable standards across its coffee shops. Starbucks said stores that have implemented the model have already had im ...
X @The Wall Street Journal
The coffee chain that won't leave Starbucks alone is now coming for America. 🔗 https://t.co/8kbGKrYta9 https://t.co/AoRQRxWCZi ...
2025餐饮增长榜解析:慢周期里的机会点与生存法则(附有哥餐链完整榜单)
Sou Hu Cai Jing· 2025-08-02 16:13
Core Insights - The restaurant industry in 2025 is at a crossroads between "rapid expansion" and "rational cultivation," with a reported 4.3% year-on-year growth in national dining revenue from February to June 2025, indicating a shift to a "slow growth" cycle due to market saturation and intensified competition [2][25] - Despite the slow growth, brands like Mixue Ice City are rapidly expanding, adding over 10,000 stores in a year, while the coffee sector sees three brands in the top growth rankings, highlighting potential opportunities within the slow growth period [2][14] Key Data Points - The top five brands in the growth ranking added over 5,000 stores in the past year, with Mixue Ice City leading by adding 10,160 stores [4] - Coffee and tea drinks dominate the growth list with 26 brands, including 9 coffee and 17 tea brands, while other notable categories include rice noodles (11 brands), fried chicken and burgers (9 brands), and snacks (8 brands) [4] - The growth rate of the top 10 brands by new store count shows that two brands specializing in boiled beef rice noodles achieved over 90% growth [4] Growth Categories Analysis - **Coffee and Tea Drinks**: Brands like Mixue Ice City and Luckin Coffee are expanding rapidly, leveraging supply chain efficiencies to offer competitive pricing. New entrants like Grandpa Not Brewing Tea are also finding success through unique positioning [14][21] - **Snack Foods**: Brands such as Hao Xiang Lai and Zhao Yi Ming are leading the snack food segment, benefiting from direct supply chain sourcing and scale efficiencies, with Zhao Yi Ming adding 376 stores recently [16][17] - **Quick Service Restaurants**: The quick service segment is seeing rapid growth, with brands like Tasitin and Cao's Duck Neck capitalizing on standardized operations and efficient supply chains. However, traditional brands face challenges due to limited marketing and single consumption scenarios [19][21] Slow Growth Cycle Insights - The slow growth cycle presents opportunities at the intersection of supply chain efficiency and user value. Successful brands are those that enhance supply chain capabilities and differentiate through unique user value propositions [23][25] - Brands that remain stagnant often do so due to a lack of innovation and reliance on imitation rather than building competitive barriers [23][25]
X @The Wall Street Journal
The coffee chain that won't leave Starbucks alone is now coming for America. 🔗 https://t.co/DmiJSZ4ASc https://t.co/vBMhVC1bOw ...
聊聊咖啡和大蒜,两者的演进关系
Hu Xiu· 2025-08-02 03:35
Group 1 - The article discusses the evolving relationship between coffee and garlic as metaphors for cultural and commercial value, highlighting how northern garlic comedy has gained significant influence over the years [2][6][49] - It emphasizes that the distinction between coffee and garlic is not strictly biological but rather a result of cultural and commercial evolution, where both can innovate and create value [5][6][49] - The article outlines the historical evolution of coffee, detailing its transformation from a low-end agricultural product to a high-value commodity through standardization and branding efforts, particularly by Starbucks [10][12][15][22] Group 2 - The article also examines the evolution of bookstores, particularly the example of Tsutaya in Japan, which transitioned from a rental store to a cultural space that integrates coffee, enhancing its commercial appeal [26][30][32] - It discusses the concept of "reverse garlic innovation" in the coffee industry, exemplified by brands like Luckin Coffee, which focus on low-cost offerings while sacrificing experiential value [33][34][43] - The article concludes that there is a spectrum between coffee and garlic, with both having their merits and drawbacks, and emphasizes the importance of understanding the underlying commercial values of each approach [45][48][51]