Starbucks To Launch EarthSleeve

Posted by: Alex Robinson Posted date: July 21, 2012 In: F+B, Headlines

Starbucks Corporation (NASDAQ:SBUX) has partnered with LBP and Henkel to introduce EarthSleeve.

Starbucks To Launch EarthSleeve

The coffee retailer Starbucks Corporation (NASDAQ:SBUX) has unveiled a new hot-cup sleeve ‘EarthSleeve’ in the US and Canada in partnership with LBP Manufacturing and Henkel.

This hot-cup sleeve integrates proprietary technology that will reduce overall material usage by 34% while increasing the post-consumer content by 25%.

Starbucks Corporation (NASDAQ:SBUX)’s America’s president Cliff Burrows said, “This product represents how the integration of our environmental values and collaboration with like-minded organizations can create significant impact”.

Starbucks Corporation (NASDAQ:SBUX) stocks are currently standing at 53.30.

Price History
Last Price: 53.30
52 Week Low / High: 33.72 / 62
50 Day Moving Average: 53.41
6 Month Price Change %: 11.0%
12 Month Price Change %: 32.2%