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BTIG analyst Peter Saleh noted last year that Starbucks has invested more than $400mn a year — or between 20 and 25 per cent of the company’s capital spend — to expand in China in recent years.
The 2024 Starbucks' Halloween drop features new cups, including glow-in-the-dark designs, skeleton shaped mugs and an extraterrestrial cold cup.
The recall of 440,000 holiday mugs further tarnishes the reputation of Starbucks, which is resisting the unionization of its workers.
Nestlé USA's Starbucks-branded metallic mugs have been recalled, the Consumer Product Safety Commission announced Thursday.
More than 440,000 holiday-themed Starbucks mugs are being recalled after people have reported getting severely burning or cutting their hands while using the cups.
Recalled Starbucks Holiday Gift Set with 2 Mugs (Close-up of Mug). The US Consumer Product Safety Commission said the mugs can overheat or break.
More than 440,000 Starbucks mugs are being recalled after reports that the drink containers can overheat and break, leading to burns and other injuries.
The U.S. Consumer Product Safety Commission is recalling more than 440,000 Starbucks-branded mug gift sets due to burn and laceration hazards.
The U.S. Consumer Product Safety Commission is recalling more than 440,000 Starbucks-branded mug gift sets due to burn and laceration hazards.