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Lucky Coffee

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Coffee Box Closes Stores on Large Scale, Reported to Face Tight Cash Flow and Supplier Payment Arrears

    Around the Spring Festival in 2019, Coffee Box closed about 30% to 40% of its stores; the company said it was adjusting unprofitable locations. Media reported that its financing had not been received, it had owed a coffee bean supplier for nearly half a year, and there were doubts about coffee bean downgrading; executives responded by denying the downgrade. Progress: media reports. Entity involved: Coffee Box. Scope: store network and suppliers.

    Source