Month: September 2018

Month: September 2018

Meet the Judges for the Global Tea Championship’s Spring Hot (Loose Leaf) Competition
September 27, 2018 Knowledge Elizabeth Dobos

The Global Tea Championship’s Spring Hot (Loose Leaf) competition took place in Boulder, Colorado, Sept. 29, 2018. These three tea industry experts brought specialized knowledge to the competition and evaluated each of the teas. Richard Endicott Richard Endicott grew up in England and consumed tea from an early age. He became a Trainee Tea Taster with

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Tea Imports From China Unlikely to Face U.S. Levies
September 25, 2018 News Dan Bolton

USA and China maps. Photo credit: GettyImages.com Tea was not among the 5,745 Chinese subject to a 10 percent U.S. tariff this week and is unlikely to be listed, but tea wholesalers are weighing their options. China promptly retaliated to the increase with additional levies of either 5 or 10 percent on $60 billion worth

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Harris Tea Acquires Red Rose Brand
September 25, 2018 News Dan Bolton

Red Rose, a famous Canadian tea brand dating back to 1894, and Salada Tea were acquired in October by New Jersey-based along with the tea manufacturing assets of Redco Foods which announced it will close its tea factory in Little Falls, N.Y. Harris Tea Company is a division of Harris Freeman & Co., which operates

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Budding Products: Navy SEAL and Starbucks Offer Sugar-Free White Teas
September 24, 2018 News Elizabeth Dobos

Former Navy SEAL Launches Jocko White Tea Jocko Willink, a retired Navy SEAL officer, Co-Founder and CEO of leadership consultancy Echelon Front and author, launched in ready-to-drink and tea bag formats. Willink’s refreshing ready-to-drink blend combines pre-brewed organic white tea, organic hibiscus, organic lemongrass, organic dried pomegranate, and organic natural flavors. It comes in 16-ounce cans that

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DAVIDsTEA Second Quarter Earnings Call Outlines Turnaround
September 24, 2018 News Elizabeth Dobos

DAVIDsTEA During a second-quarter earnings call, DAVIDsTEA executive chairman and interim CEO Herschel Segal described the changes he believes will return the company to profitability following several quarters of declines. In the first quarter, DAVIDsTEA reported a $10 million net loss following board upheaval that led to a change in management. Sales declined 12 percent

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McLeod Russel Continues to Divest Assam Estates
September 24, 2018 News Peter Keen

McLeod Russell Ltd. garden There is no status quo for Assam’s tea industry. Signals of change are everywhere, mainly centered on financial restructuring. One of the most visible is McLeod Russel’s series of divestments of 14 of its 48 gardens in Assam. This is a flashing red light that multinationals do not see a path

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Amazon Assists India Tea Sellers in Marketing Globally
September 18, 2018 News Dan Bolton

There are now 37,000 India firms offering more than 120 million made-in-India products for sale on Amazon globally, why not tea? Two weeks ago the Confederation of Micro, Small and Medium Enterprises (CMSME) and members of the Northeast Chapter of the Fair Labor Organization (FLO) FICCI Ladies Organization were joined by the chief minister of

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Brian Keating Memorial at the Boulder Dushanbe Teahouse
September 17, 2018 News Elizabeth Dobos

Brian R. Keating, who made countless contributions to the tea industry and passed away unexpectedly on Sept. 2, will be honored with a memorial at the . The Celebration of Oolong honoring Brian, will take place at the teahouse on October 7, 2018 from 2:00pm to 5:00pm. Several types of Oolong, which was Keating’s favorite tea, will

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The Cultured Cup Takes Customers on a Tea Adventure
September 17, 2018 News Elizabeth Dobos

The Cultured Cup Tasting Room; photo courtesy of Kyle Stewart provides metropolitan Dallas with an enriching tea experience, both for the palate and the mind. The tea and coffee shop recently relocated to a new space in Farmers Branch, Texas, north of Dallas, where it will continue to encourage people to “taste the adventure.” The

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Upstart Chaayos Upends Chai Retail
September 17, 2018 News Peter Keen

is one of the upstart companies enlivening the Indian tea market. It’s a relative minnow, with sales of just $2 million, but has attracted investors and growing press coverage. In September it announced $12 million of additional funding, following a $2 million infusion last October and $5 million in 2015. “Upstarts” are ventures with a

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