The China Tea Marketing Association (CTMA)
The China Tea Marketing Association (CTMA) was found in 1992
Category: News
Category: News
Weather and Weary Labor in Kenya Impact Tea Performance
NAIROBI, Kenya Tea growing in Kenya; photo credit: GettyImages.com The performance of Kenya’s tea sector is mixed as the effects of good rains at the beginning of the year fueled increased production and exports but pulled down earnings for both the country and farmers—partly because of the oversupply. The Kenyan government has identified four key
Harris Tea Acquires Red Rose Brand
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
Tea Imports From China Unlikely to Face U.S. Levies
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
DAVIDsTEA Second Quarter Earnings Call Outlines Turnaround
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
Budding Products: Navy SEAL and Starbucks Offer Sugar-Free White Teas
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
McLeod Russel Continues to Divest Assam Estates
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
Amazon Assists India Tea Sellers in Marketing Globally
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
Smallholders Gain Ground in Specialty Tea Segment
Tea Smallholders Assam India Jungpana Estate In August tea auctioneers celebrated a specialty golden tea grown in Assam that sold for a record $537 per kilogram. Perhaps more impressive is that the tea, produced by Manohari Tea Estate in the Dibrugarh District, was purchased by Guwahati-based Saurabh Tea Traders for local tea retailers in New
Upstart Chaayos Upends Chai Retail
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
The Cultured Cup Takes Customers on a Tea Adventure
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