As of June 2020, Coffee Bean ended its storewide kosher-only certification for stores and bakery items in Southern California. Kosher and halal Īll Coffee Bean coffees, teas, and the powders used to make other beverages, are certified kosher. Several types of single-serve capsules are available for the machines: espresso, coffee, tea, and hot chocolate. CBTL single-serve system ĬBTL, a single-serve system for home use, was launched in the United States, Singapore, Malaysia, South Korea, and the Philippines in 2010.
In March 2014, the company introduced its Tea Granita beverage in two flavors, Pear Berry and Passion Fruit. The Chai Tea Latte, one of the chain's most popular drinks, was first served in 1998. All of the teas are hand-blended at its facility in Camarillo, California. The company's teas fall into seven categories: Green, Black, Oolong, Herbal Infusion, Decaffeinated, Flavored, and Tea Master's. For the company's 50th anniversary in 2013, it introduced a Birthday Cake Ice Blended. The firm offers several seasonal holiday drinks, in flavors including candy cane, gingerbread, red velvet cake, eggnog, and peppermint. The beans come from farms in Costa Rica, Colombia, Kenya, Indonesia, Jamaica, Thailand, and Sri Lanka. All of the beans are hand-roasted at its roasting facility in Camarillo, California. It roasts approximately seven million pounds of coffee annually. The company's coffees fall into seven categories: Light & Subtle, Light & Distinctive, Medium & Smooth, Dark & Distinctive, Decaffeinated, Flavored, and Reserve. It also sells a variety of whole bean coffees, whole leaf teas, flavored powders, and baked goods. The company is known for its Original Ice Blended coffee and tea drinks, hot coffee drinks, and hot and iced tea drinks. On July 24, 2019, Jollibee Foods Corporation purchased The Coffee Bean and Tea Leaf for $650 million. On September 3, 2015, John Fuller assumed the position of president and CEO. The Sassoon family remains a large shareholder. In September 2013, a significant equity position in Coffee Bean was acquired from International Coffee & Tea by US-based Advent International, in partnership with South Korea-based Mirae Asset Private Equity and Taiwan-based CDIB Capital. In 2009, Mel Elias (Sassoon's brother-in-law) assumed the role of president and CEO of the company, after spending seven years as chief operating officer. Sunny Sassoon served as president and CEO from 1998 until 2009, when he moved to the executive chairman position until 2019. International Coffee & Tea, LLC remains the name of the holding company. Victor Sassoon works out of Singapore, Sunny Sassoon works in Los Angeles, and Wunderman is a silent partner with no role in management. In 1998, the Sassoons, along with longtime friend Severin Wunderman, purchased the parent company, International Coffee & Tea LLC, from the Hymans, and took it global. Within two years, they had opened 29 stores in Singapore and Malaysia, almost as many stores as the Hymans had opened in their 35 years of ownership. The Sassoons quickly expanded the company in the US and internationally, opening the first outlet in Singapore in 1996, and in Malaysia the following year. In 1996, the Hymans sold the Asian franchise rights to Singaporean brothers Victor Sassoon and Sunny Sassoon. The opening of Starbucks stores in Los Angeles unexpectedly helped Coffee Bean's business, by driving curious customers to the area.
In 1991, when it was first planning to expand into Los Angeles, Starbucks tried to purchase the firm, but Hyman turned them down. The drink was a predecessor to the Starbucks Frappuccino. With the invention of the Ice Blended, the chain saw a surge in popularity. In the summer of 1987 an employee brought a blender to a Westwood store where he mixed together ice, coffee extract and chocolate powder, paving the way for the company's signature Ice Blended drinks. īy the 1970s the firm had expanded to 10 stores in Southern California and had added exotic teas to the menu. Hyman died on April 28, 2014, at the age of 82. Innovations included selling whole beans and touting their country of origin and allowing customers to observe the beans being roasted and then to sample varieties before making a purchase. This sparked the decision to import, roast and sell gourmet coffee in Los Angeles, opening the first Coffee Bean store in 1968 in the Los Angeles neighborhood of Brentwood. His wife Mona (whom he married in 1966) and he honeymooned in Sweden where they discovered quality coffee. The company was founded by Herbert Hyman (1931–2014) in September 1963, as a coffee service for offices. The former logo still used in some stores
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