Month: August 2018

Month: August 2018

DAVIDsTEA Investment Partners Sue to Remove Executive Chairman
August 13, 2018 News Dan Bolton

Shares of DAVIDsTEA fell to a 12-month low of $2.30 last week following a proxy fight, board resignations and a shareholder’s lawsuit seeking to remove co-founder Herschel Segal as executive chair. The company operates 240 tea shops in the U.S. and Canada. Shares were $30 when the company went public in 2015 and were trading

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West Bengal Tea Planters Appeal to Workers to Accept Wage Compromise
August 13, 2018 News Dan Bolton

WEST BENGAL, India Tea workers in India A three-day strike last week by more than 400,000 tea workers from Darjeeling to the Dooars and Terai tea growing regions halted production at hundreds of tea gardens leading to a loss in volume and quality according to planters. The region is “in no position to bear any

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Budding Products: Creative Kombuchas
August 7, 2018 News Elizabeth Dobos

Taste GT’s Unity Kombucha #GTsUnity Bottle (PRNewsfoto/GT’s Living Foods) Beverly Hills, California-based introduced its limited-edition Unity kombucha for the summer. Two hands clasping in unity distinguishes its package design. The Unity kombucha flavor is a blend of cherry, coconut and lemongrass. It is available through Aug. 31. GT’s also is promoting its “Unity” Spotify playlist

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Local Governments in Kenya Seek to Repossess Tea Lands from Multinationals
August 7, 2018 News Dan Bolton

With a high altitude and virtually daily rains, Kericho is the centre of Kenya’s large tea industry. Some of the largest tea companies including Unilever Kenya (here on the photo), James Finlay and Williamson tea are based here. Photo: GettyImages.com As the expiry date nears on 99-year tea estate leases, local counties in Kenya are

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Meet Eliot Jordan, Global Tea Championship Judge
August 6, 2018 Knowledge Elizabeth Dobos

Eliot Jordan Eliot Jordan’s career in the tea industry began at Peet’s Coffee & Tea store in Berkeley, California, where he went from being a part-time employee to being a trainer and subsequently a tea purchaser, blender and buyer. During his tenure at Peet’s he introduced new teas and blends, such as Pride of the

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4 International Teas to Watch in U.S. Beverage Market
August 6, 2018 News Press Release

Moringa; photo: GettyImages.com ROCKVILLE, Maryland—The genie is out of the (ready-to-drink) bottle when it comes to a growing number of U.S. consumers willing to try beverages from all over the world. A slowdown in immigration might reduce the speed with which the trend takes place, but in the long run, the U.S. will remain a

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San Francisco Straw Ban Prompts Boba Crisis
August 6, 2018 News Peter Keen

Iced milky bubble tea with tapioca pearls. Fruit and berry bubble tea variety. Raspberry, mango, lemon mint bubble tea. Photo: GettyImages.com 2018 is shaping up to be the Year of the Plastic Straw Ban: Seattle 2018, Santa Barbara 2019, Disney 2019, San Francisco 2020, Starbucks 2020, Taiwan 2030, plus Now and Soon and Sometime American

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Kenya Court Halts Unilever Voluntary Retirement Program
August 6, 2018 News Dan Bolton

Workers harvest tea in Kenya. Photo: GettyImages.com Kenya is experiencing a tense transition as owners of colonial-era tea plantations abandon tightly held vertical supply chains in favor of less expensive and more agile options for sourcing and processing tea. Unilever’s Kericho tea operations, which date to 1924, include 20 estates spanning 21,500 acres (8,700 hectares)

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