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BBCNEWS Talking Business June 4, 2024 23:54:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:54:00

Price and giving them less products that you know you do the good for your consumer. as i told you, we are smaller. so we decided to take part of a cost increase in raw materials because we wanted to, we wanted to increase penetration. and in fact, the last year we grew also 5% in volume. that is very tough in here, like this one, doing something like that, we consider not the serious approach towards the consumer. so we have too much respect for them. 0k. let me end on this and let's spin a yearahead. antonio, prices higher or lower than today? i still think that we didn't see yet a small pie...

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BBCNEWS Talking Business June 4, 2024 23:49:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:49:00

The invasion of ukraine, thatjumped to $2.33 a pound. and in march this year it was trading at around $1.68. so somewhere between the two, but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant. antonio baravalle. a real pleasure having you on the show. and, antonio, let's start with this, because...

BBCNEWS World Business Report June 4, 2024 13:37:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 13:37:00

Families hard, with only the very rich spared so far. tarhub asghar, bbc news, lahore. well, let's stay with rising prices and zone in on food and drink. coffee bean prices on the international markets are around 80% higher than they were before the pandemic, according to the boss of lavazza, one of the world biggest coffee companies. talking to aaron heslehurst for this week's talking business weekly on bbc news, antonio baravelle says he believes there is more inflation to come. there is a huge cost increase and also remember that a company like as is buying it in dollars at the new york sto...

BBCNEWS Talking Business June 4, 2024 22:49:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 22:49:00

One year ago, after the invasion of ukraine, thatjumped to $2.33 a pound. and in march this year it was trading at around 1.68. so somewhere between the two, but it's still 80% more than pre—covid price. add to that the increasing cost of energy, and it's a challenge, a big challenge for big coffee companies to think about how they pass on the costs to their customers who are thirsty for their morning cup of go—gojuice. so i've been catching up with the big boss of lavazza, the iconic italian coffee giant antonio varavella. a real pleasure having you on the show. and antonio, let's start w...

BBCNEWS Talking Business June 4, 2024 22:54:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 22:54:00

So we decided to take part of a cost increase in raw materials because we wanted to we wanted to increase penetration. and in fact, the last year we grew also 5% in volume. that is very tough in here, like this one, doing something like that, we consider not the serious approach towards the consumer. so we have too much respect for them. 0k. let me end on this and let's spin a yearahead. antonio, prices higher or lower than today? i still think that we didn't see yet a small piece of inflation, that we will see it on prices, let's say, before the summer, because all all companies will rise the...

Related Topics:
Cost Increase