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flag JDE Peet's launches 'Reignite the Amazing' strategy to save €500 million by 2027, focusing on key coffee brands.

flag JDE Peet's, a major coffee company, has launched a new strategy called 'Reignite the Amazing,' focusing on simplifying its portfolio and boosting efficiency to save €500 million by 2027. flag The strategy emphasizes three key brands: Peet's, L'OR, and ten local icons led by Jacobs. flag JDE Peet's aims for gross profit growth of 4% to 7% and operating profit growth of 5% to 8% by 2032, alongside strong free cash flow.

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