Starbucks, Nestle Bringing Ready-to-Drink Coffee Beverages to New Markets
July 26 2021 - 05:11PM
Dow Jones News
By Stephen Nakrosis
Starbucks Corp. and Nestle SA on Monday said they would work
together to bring Starbucks ready-to-drink coffee beverages to
markets in Southeast Asia, Oceania and Latin America.
The companies said their initial focus will be on their most
popular ready-to-drink products, which will be "rolled out across a
variety of channels," including online.
The companies said this new collaboration builds on their
three-year partnership "through the global coffee alliance, which
expanded the reach of Starbucks-branded coffee and tea products
across 79 markets outside Starbucks retail stores."
The companies will work to bring the products to consumers
starting next year, they said.
-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 26, 2021 17:10 ET (21:10 GMT)
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