Lease Your Coffee With Maxwell Apartment. Or Something.

Coffee News Roundup: Week Ending October 3rd

A Chemex pouring coffee into a cup on a table, seen from above, overlaid with logos for Fresh Cup Magazine and The Pourover

Hello, and welcome to the Roundup. Every week, I read all the coffee news and write about the best bits for Fresh Cup Magazine. Then, I summarise those bits for you in this newsletter.

In my Fresh Cup article, I began with the week's most useful and relevant story. Here, however, I think we should start with the stupidest one:

  • Maxwell House is getting in on the coffee earned media trend by "rebranding" as Maxwell Apartment. Why? Because nobody can afford a house anymore. That's the joke. As part of this temporary rebrand, the company is offering a year's supply of coffee (referred to as a 12-month "lease" in the press release) for $40. Doing so, the company says, could save customers more than $1,000 annually. It's all a bit "these darn millennials with their lattes and avocado toast, no wonder they can't afford a house".
Please Just Let Millennials Enjoy Our Coffee
That latte you just bought is the reason you won’t be able to retire, according to the financial gurus. But why has coffee become such a potent symbol of Millennial misspending in the first place?

I wrote about that.

  • Okay, actual news now: The Specialty Coffee Association has officially launched enrolment for its "evolved" Q Grader certification course. The SCA took over management of the program from the Coffee Quality Institute earlier this year, a move which generated much confusion and controversy within the industry (I wrote about it for Fresh Cup at the time).
  • Just five years after buying Costa Coffee for £3.9 billion ($4.9 billion) in a bid to diversify and tap into the coffee market, Coca-Cola is now on the verge of selling up at a huge loss. The Financial Times reports that private equity giant Bain Capital has bid for Costa Coffee, with its parent company looking to recoup £2 billion ($2.7 billion), just half what it originally paid. In May, Coca-Cola CEO James Quincey said that Costa had “not quite delivered” and was “not where we wanted it to be from an investment hypothesis point of view".

For more on all these stories, plus whether coffee is good for your liver (spoiler alert: it is), check out the full Roundup over at Fresh Cup Magazine:

Coffee News Club: Week of October 6th
Click to find out why this Maxwell House is now a Maxwell Apartment. Plus, new Q grader courses and Coca-Cola takes an L on Costa Coffee.

On Friday, paid subscribers received their latest bonus article, on the increasing sensationalism of coffee discourse:

Coffee Discourse is Becoming Increasingly Sensationalised
For paid subscribers: What happens when the melodramatic language of social media and political discourse begins to impact how we discuss the coffee industry.

I'll be back on Friday with a new long read, but until then, it's goodbye from my sister's cat Maru, who takes his job as a washing up supervisor very seriously:

A cat with a white face sitting on a window sill behind a sink, staring at the camera with dish soap and sponge in the foreground

Thanks for reading! If you'd like to support my work (and get extra bonus articles) why not become a paid subscriber to The Pourover:

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