The Traderszone Network

Published in TZ Latest News 15 October, 2015 by The TZ Newswire Staff

Starbucks in talks to bring brand to Italy: source

Starbucks Corp (SBUX.O), the world’s biggest coffee chain, is in talks with an Italian partner to open branches in Italy, one of the few major markets where it has yet to make an entrance, a source familiar with the matter said on Thursday. Corriere della Sera newspaper reported that the U.S. company was negotiating with Italian businessman Antonio Percassi to bring the Starbucks brand to Italy. Asked about the report, Starbucks spokesman Corey duBrowa said: “Rumors and speculation only.