Morning brief podcast: Corner Office Conversation with Philippe Schaillee, Global CEO, Costa Coffee
Morning brief podcast (ET Bureau)
Corner Office Conversation with Philippe Schaillee, Global CEO, Costa Coffee
Ratna Bhushan | 23:41 Min | May 06, 2025, 8:18 AM IST
LISTEN
23:41
LISTENING...
India once seen as a tea stronghold is emerging as a dynamic market for premium coffee. One brand leveraging this pivot is Costa Coffee. The British coffee house has a strange business arrangement in India. Owned by Coke, its outlets are operated by Pepsi's biggest Indian bottler. Nevertheless and unfazed by growing competition from premium coffee names like Blue Tokai and Tim Hortons, Costa counts India as one of its top markets and wants to expand its footprint of 200 outlets in the near future. In this episode, Philippe Schaillee, Global CEO at Costa Coffee, talks to host Ratna Bhushan about how the legacy brand is blending tradition with the agility of a startup to win over a new generation of coffee enthusiasts. From Gen Z's growing appetite for cold brews and flavored options to navigating post-COVID inflation without compromising on quality, Philippe breaks down Costa's business strategy for a market that is really waking up and smelling the coffee. He sheds light on the company's city-focused growth strategy, the role of local partnerships, and what sets Costa apart in a fiercely competitive, youth-driven market. Stay tuned in as we explore What makes a coffee experience aspirational today? Can global brands win by going hyper-local? And is India the future powerhouse of the global coffee revolution?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fibre2Fashion
20 minutes ago
- Fibre2Fashion
Confidence in UK economy drops from 45% in 2015 to 28% now: Barclays
Confidence in the strength of the UK economy has dropped from 45 per cent in May 2015 to 28 per cent now following Brexit, the COVID-19 pandemic-induced lockdowns, a cost-of-living crisis, rise of Gen Z and geopolitical issues, according to Barclays '10 Years of Spend' survey report. But confidence in non-essential spending has been strong, at an average of 53 per cent from 2015 to now, the report revealed. Confidence in UK economic strength has dropped from 45 per cent in May 2015 to 28 per cent now following Brexit, the pandemic, a cost-of-living crisis, rise of Gen Z and geopolitical issues, a Barclays survey found. But confidence in non-essential spending has been strong, averaging 53 per cent from 2015 to now. Confidence in household finances has been resilient, never dipping below 52 per cent. Despite financial pressure, households' discretionary spending has grown by 9.2 per cent annually on an average between 2021 and 2024, outpacing essential spending's 5-per cent growth. Confidence in household finances has remained resilient, never dipping below 52 per cent, and averaging 69 per cent in the last 12 months. Therefore, confidence in household finances has proven to be more resilient than confidence in the wider UK economy. Consumers are becoming increasingly savvy, paying more attention to their budgets, value for money and pricing tactics than ever before, a release from Barclays noted. Spending priorities are shifting; growth in discretionary purchases has outpaced essential spend since 2021, led by beauty, entertainment and travel. British adults' confidence in their ability to live within their means has held strong, reaching 74 per cent in May 2025, on par with 2019's figure of 73 per cent, when Barclays started tracking this measure, potentially due to more prudent budgeting. Sixty-six per cent pay more attention to their budget than they did a decade ago, while 45 per cent say they don't feel better off than they did 10 years ago. Fibre2Fashion News Desk (DS)
Time of India
23 minutes ago
- Time of India
Stock market today: Nifty50 crosses 25,100; BSE Sensex up over 400 points
Looking ahead, investors will concentrate on crucial macroeconomic indicators for direction. (AI image) Stock market today: Nifty50 and BSE Sensex , the Indian equity benchmark indices, opened in green on Monday. While Nifty50 went above 25,100, BSE Sensex was up over 400 points. At 9:18 AM, Nifty50 was trading at 25,128.20, up 125 points or 0.50%. BSE Sensex was at 82,577.77, up 389 points or 0.47%. Looking ahead, investors will concentrate on crucial macroeconomic indicators for direction. The advancement of monsoon and agricultural sowing patterns remain under observation, considering their effect on rural spending. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, 'The monetary bazooka fired by the RBI on Friday will keep the market spirits alive in the near-term. But this is not sufficient to sustain the rally triggered on Friday. More important is the trend in earnings growth. Q4 results indicate better earnings growth for midcaps. But large and small caps continue to struggle.' 'FY 26 earnings are unlikely to reach mid teens, which is necessary for the market to remain resilient and move up. Market needs signs of revenue and earnings acceleration to move up. In the absence of such indicators the present Nifty range is likely to move up marginally to 24500 -25500. Ample liquidity can support the downside but earnings concerns will cap the upside. Weak US and Chinese macro data is favourable for emerging markets like India" US stocks recorded substantial gains on Friday, with Treasury yields increasing as positive employment data and Tesla's recovery helped achieve weekly gains. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The AI Trick Helping Australia Locals Make Extra Cash TApp Read Now Undo Asian equities began higher on Monday as the US and China prepare to restart trade talks, whilst positive employment figures from the US reduced recession concerns. The dollar maintained stability against major currencies on Monday, as initial enthusiasm over positive U.S. employment data shifted to wariness before crucial U.S.-China trade discussions scheduled in London later in the day. Gold prices decreased on Monday following a stronger US jobs report than anticipated, which reduced expectations for Federal Reserve interest rate reductions. Additionally, positive sentiment regarding decreasing US-China trade tensions affected the precious metal's safe-haven appeal. Oil prices maintained previous week's gains early Monday as traders awaited the US-China trade negotiations in London later in the day. Brent crude futures remained unchanged at $66.47 a barrel at 0008 GMT. U.S. West Texas Intermediate crude traded at $64.59, up 1 cent. Foreign portfolio investors purchased shares worth Rs 1,010 crore net on Friday. Domestic institutional investors were net buyers at Rs 9342 crore. FIIs' position in futures market improved from net short of Rs 1.06 lakh crore on Thursday to Rs 92,600 crore on Friday. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
News18
28 minutes ago
- News18
Stock Market Updates: GIFT Nifty Signals Gap-Up Open For Sensex, Nifty
Last Updated: Stock markets today are expected to take cues from global market trends, with additional influence from stock-specific triggers Sensex Today: Stock markets today are expected to take cues from global market trends, with additional influence from stock-specific triggers, rising Covid-19 cases, foreign investor flows, and IPO activity. At 8:25 AM, GIFT Nifty futures were trading 80 points higher at 25,177. Global Cues Asian markets were trading in the green on Monday as investors looked ahead to trade talks between Washington and Beijing scheduled for later in the day. Japan's Nikkei 225 was up 0.95 per cent, while South Korea's Kospi rose 1.73 per cent. Australian markets are closed today for a public holiday. On the economic data front, Japan's GDP for the January-March quarter showed the economy contracted at a slower pace than earlier estimates. GDP shrank at an annualised rate of 0.2 per cent, compared to an initial estimate of a 0.7 per cent contraction. Meanwhile, China will report its consumer and wholesale inflation data for May today. According to a Reuters poll, China's consumer prices are expected to have declined 0.2 per cent year-on-year, while the producer price index is projected to have fallen by 3.2 per cent from a year ago. In the US, major indices closed higher last Friday as stronger-than-expected non-farm payroll data eased concerns of an economic slowdown. US payrolls rose by 139,000 in May, surpassing the Dow Jones estimate of 125,000. In the commodities market, gold prices declined by more than 1 per cent on Friday following the upbeat US jobs report. Spot gold was down 1.1 per cent at $3,316.13 an ounce, while US gold futures fell 0.8 per cent to $3,346.60. First Published: June 09, 2025, 09:07 IST News business » markets Stock Market Updates: GIFT Nifty Signals Gap-Up Open For Sensex, Nifty
