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Press

Coffee Bean offers free drinks at newly open store
TUOITRE NEWS, Friday, September 16, 2011
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The Coffee Bean and Tea Leaf, a California-based coffee chain, is offering a buy one get one free promotion at its newly open store, 157-159 Nguyen Thai Hoc, District 1, Ho Chi Minh City on September 17-18.

Customers buying an iced-blended coffee will get another one, of the equal or lesser value, out of charge.

Last July, Coffee Bean opened its first store in Hanoi at Pico Mall, 229 Tay Son Dong Da District. This store on Nguyen Thai Hoc Street is the sixth store in Ho Chi Minh City and seventh one in Vietnam.

The Coffee Bean and Tea Leaf is known for its premium, flavorful and handcrafted coffees, teas and unique Ice Blended drinks. It offers a warm and friendly space perfect for people who want to enjoy a moment to relax and unwind.

There is also a wide selection of gourmet food and mouth-watering pastries that complement its refreshing drinks.

 
Breaking New Grounds
The Coffee Bean, Friday, July 15, 2011
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From the revolutionary ice-blended to its newfangled single-serve beverage system, Mel Elias, president and CEO of Coffee Bean & Tea Leaf, proves brewing up big ideas is just his cup of tea.

The brand is affectionately dubbed “The Bean” among Hollywood A-listers such as Jennifer Aniston, Tom Cruise, Ellen Degeneres and Justin Bieber. And it’s not uncommon to find the paparazzi lying in wait outside Los Angeles locations of the chain. While it’s no secret that Coffee Bean & Tea Leaf has made serious inroads into Southern California’s – and the world’s – java culture, it’s a little-known fact that the outfit, founded in the US in 1963, is no less Singaporean than Mel Elias, its 42-year-old president and chief executive officer.

Born in Malaysia (though he’s Singaporean), Mel moved here at the age of 11, where he attended United World College and completed his national service. Thereafter, he read law at the London School of Economics. Today, he calls Los Angeles – where he runs the java juggernaut, now majority-owned by a Singaporean family – home.

With his debonair looks and low-key personality, Mel, a self-confessed musician at heart, comes across more as a rock star than the top bean of a coffee chain. But his accomplishments, along with a maverick streak, clue you in that he’s no average corporate Joe.

It was in 1996 that the ex-lawyer found his true calling, leaving Harry Elias Partnership, an eponymous law firm founded by his godfather, Harry, for a shot at growing a global business. Then, his brother-in-law and Singaporean businessman Victor Sassoon had just acquired the Asia franchise rights for Coffee Bean & Tea Leaf, and was looking to grow his team. Mel, who drew up the contracts, was intrigued.

“I’ve always had the itch for business. It’s in my blood,” explains the bachelor and third-generation entrepreneur, who loves “building something and seeing things to its completion”. His grandfather, Aaron Isaac, founded Hilda’s Department Store in Middle Road, while his father, Elias Elias, managed a retail business in Malaysia.

Entrusted with business development, Mel, who had to learn everything from scratch, launched Singapore’s first Coffee Bean at the old Scotts Shopping Centre, and Malaysia’s first at KL Plaza. Then relatively young and inexperienced, he ran the business from a warehouse with a crate for an office chair, and admits there were moments of self-doubt. “There was a point when I thought: ‘I left a legal career and I’m here launching a coffee shop. Is Malaysia going to embrace a branded coffee culture?’ At that time, you could buy three nasi lemaks for an ice-blended.”

It didn’t take long before he got his answer. By 1998, there were 27 more outlets in Singapore and two in Malaysia – more than the 21 rival Starbucks had in Singapore. Today, Coffee Bean boasts close to 800 outlets worldwide. Since becoming chief executive officer in 2008, Mel has tripled the company’s profits with sales exceeding US$400 million (S$500 million) last year. And within the next 12 to 18 months, it will decide if it should go public to raise funds for further growth.

And few understand better than him that in the hyper-competitive world of speciality coffee, details – and innovation – count. It’s no surprise Coffee Bean beat Starbucks to make its debut in the booming single-serve market last December with CBTL, a machine that allows consumers to play barista at home, concocting their favourite brew with the touch of a button.

“To keep the brand relevant and cutting-edge, and still very much part of popular culture, requires you to be on top of your game and think five steps ahead,” explains Mel, who was in Singapore recently to launch the product. It also explains his penchant for bringing fresh ideas to the table. Take, for example, his plan to introduce “sonic branding” to the outlets, a pet project just a few months shy of implementation.

It’s about distilling a multi-million-dollar business into a playlist of songs, says the self-professed “music junkie”, who composes, plays the piano and drums, and hosts open mic sessions at home. The same way Intel’s trademark five-note “bong” and McDonald’s “I’m lovin’ it” refrain has left an imprint on consumers’ minds, he hopes to create what he dubs “the CBTL sound”. The Coffee Bean playlist isn’t overplayed mainstream pop, he adds. “We want it to be ‘discoverable’. We’re selecting artistes who really have a great shot at being something, so we can say we introduced their music into the mainstream.”

Then there’s his laser-like fixation with understanding pop culture and Coffee Bean’s key clientele: Generations Y and Z. Among the most-used apps on his iPad is Pulse, which alerts him to the top 20 Youtube downloads daily. At work, he relies on interns to distill the 50 or so industry reports he gets weekly – in part to maximise his time and to comprehend how they perceive the world and approach life. To tap into their psyche, Mel has even introduced a reverse-mentoring programme, where everyone in his executive team picks an under-25 to tutor them on social media, whether it’s the latest apps or the coolest gadget in the market.

While it’s plain that Mel is more rule-maker than follower, underlying his new school thinking are solid old-school values. Subscribing to a bottom-up philosophy, Mel, who can still pull a latte or cappuccino if he needs to, demands that everyone who joins the company starts with making coffee and serving the customers. “They need to understand what the troops go through in the trenches,” he says. “They must understand the heartbeat and blood that flows through the company. It’s non-negotiable.”

And for Mel, it isn’t enough just to do well. “It’s also important that we do good,” he emphasises. A firm believer in giving back, he has launched several social initiatives, including building a community centre and sponsoring an orphanage, both in Sri Lanka, after the 2004 tsunami.

While he relishes changing the world in more ways than one, he gets just as much, if not more, satisfaction in bringing out the best in someone, particularly when it’s one of Coffee Bean’s own. “When I see one of my baristas get promoted to senior director,” Elias says, “I’m proud of that.”

 
Khai trương cửa hàng The Coffee Bean & Tea Leaf® đầu tiên tại Hà Nội
Diễn đàn DOANH NGHIỆP, Chủ Nhật, 19/6/2011
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Chiều qua (18/6), tại Pico Mall, Tây Sơn, Đống Đa, Hà Nội, hệ thống chuỗi cửa hàng The Coffee Bean & Tea Leaf® đã khai trương cửa hàng đầu tiên tại Hà Nội.

Đây là cửa hàng thứ 5 tại Việt Nam và là cửa hàng đầu tiên tại Hà Nội. Sau 4 cửa hàng được triển khai thành công tại TP.HCM, việc mở cửa hàng thứ 5 tại Hà Nội nằm trong chiến lược phát triển thương hiệu The Coffee Bean & Tea Leaf® tại hai trung tâm kinh tế lớn.

Cửa hàng The Coffee Bean & Tea Leaf® đầu tiên xuất hiện tại Việt Nam bắt đầu từ năm 2008 sau khi công ty Việt Coffee mua lại bản quyền thương hiệu có uy tín hơn 40 năm của Mỹ. Mặc dù mới vào Việt Nam được 3 năm nhưng The Coffee Bean & Tea Leaf® đã thật sự gây ấn tượng cho giới sành uống. Ngoài cách bài trí lôi cuốn, hiện đại mà ấm cúng, thống nhất phong cách trên toàn hệ thống, The Coffee Bean & Tea Leaf® còn hấp dẫn giới sành ẩm thực bởi cách biến tấu, đột phá trong pha chế, tạo nên xu thế mới trong mảng Cà phê đá xay với thức uống The original Ice Blended và thức uống Tea Latte duy nhất chỉ có tại The Coffee Bean & Tea Leaf® . Phần lớn các sản phẩm được làm theo công thức độc quyền nên các sản phẩm đồ uống của The Coffee Bean & Tea Leaf® đều đem đến những trải nghiệm thú vị cho những người kỹ tính nhất.

The Coffee Bean & Tea Leaf® là công ty kinh doah cà phê có trụ sở tại Los Angeles được điều hành bởi International Coffee&Tea, LLC., công ty do Herbert Hyman sáng lập vào năm 1963 với phương châm tìm kiếm và cung cấp những loại cà phê và trà tốt nhất thê giới.

The Coffee Bean & Tea Leaf® hiện đang sở hữu các cửa hàng tại California, Arizona, Singapore và Malaysia, ngoài ra còn có các cửa hàng nhượng quyền trên khắp thế giới, trong đó Việt Nam. Hiện công ty có 750 cửa hàng trực thuộc và nhượng quyền.

 
Coffee Bean & Tea Leaf see big potential for Vietnam's coffee
VIETNAM BUSINESS NEWS, September 29, 2011

Jay Isais, a senior executive of The Coffee Bean & Tea Leaf, a large global cafê chain, said that Vietnam's coffee is likely to meet the chain's requirements after three or four years.

Currently, The Coffee Bean & Tea Leaf is purchasing coffee from 16 countries in order to make products sold at the chain's cafê shops worldwide, including four shops in Vietnam.

However, to the surprise of many, the list of the 16 countries does not include Vietnam, the second biggest coffee exporter in the world

According to Jay Isais, The Coffee Bean & Tea Leaf bases its decision to purchase types of coffee based on two factors. The most important factor is the quality and the flavor of the coffee. The Coffee Bean & Tea Leaf takes samples of coffee beans, roasts and grinds them, and then makes coffee. After tasting the coffee, the company gives scores to different samples. If some samples meet their requirements, the company attempts to learn more about the origin of the product, its prices, and supply sources in order to determine whether the coffee beans should be purchased.

The second factor is the originality of the coffee compared with products from other markets. The Coffee Bean & Tea Leaf is also interested in the way coffee plantations are managed. The company always tries to find out if the plantations' owners are environmentally conscious and treat their workers well. An enthusiasm for growing and developing coffee also helps.

Jay Isais gave an interview to Thoi bao Kinh te Saigon in early August when he paid a working visit to HCM City. When asked about the quality of Vietnam's coffee, Mr. Isais said that a coffee product is considered to have met The Coffee Bean's standards when it receives a minimum score of 80/100. Vietnam's coffee products are now scoring 70/100, which is fairly close to the cut-off.

Mr Jay Isais said he witnessed the impressive efforts made by the Vietnamese when attempting to upgrade its coffee quality score from 60 to 70. “I think that Vietnam's coffee can reach 80 in just a few more years, and can possibly obtain scores of 85 or 90 in the future,” he said.

He has pointed out that one of the biggest problems with Vietnam's coffee industry is that farmers still pick unripe coffee beans, which negatively affects the quality of coffee.

He said that a message should be sent to farmers that when they sell higher quality coffee, they will get more money. In Costa Rica, for example, a standard coffee price is set, with higher prices paid for high quality products, and lower prices paid for coffee with many unripe beans.

When farmers realize that they can get more money for higher quality products, they will try to upgrade the quality of their products.

Mr Jay Isais believes that Asia will be the most bustling coffee production region in the world in the near future. Other regions in the world like Central America have been fully exploited and operations there can no longer be expanded.

When asked if Vietnam will have an opportunity to sell coffee to The Coffee Bean & Tea Leaf, he said the chances are very good, but it will still take some time before Vietnam's coffee is able to meet The Coffee Bean's quality requirements. He said the growing of Arabica coffee has been going well in Vietnam, and that the product may meet The Coffee Bean & Tea Leaf's requirements in three or four years.-TBKTSG