News

David’s Tea Initiatives Support Slight Growth

Growing online sales and renovating stores are part of David’s Tea’s fiscal 2018 plans, which were outlined April 19 in its fourth quarter fiscal 2017 financial results and earnings call. “Our leadership team is committed to improving the performance of our Canadian and U.S. network of stores, realizing the value of our brand and...

First Tea Company in India to Be Auctioned for Debt

JORHAT, Assam The Assam Company, the world’s first tea company and perhaps the most prized tea company (in terms of its assets), is going under the hammer. The company owes around INRs 1,800 crore (US $270 million), including penal interest, to its financial creditors, or lenders. The Guwahati Assam bench of the National Company...

Tea Industry Association Set to Launch This Summer

This summer the World of Tea blog will evolve to become the American Specialty Tea Alliance (ASTA), according to founder Tony Gebely. “There has long been a need for an industry association that specifically focuses on and supports the growth of the specialty tea industry in America,” Gebely said. Inspired by the Specialty Coffee...

3 Ways to Celebrate Great Britain’s National Tea Day

Great Britain’s National Tea Day is April 21. The day’s lighthearted purpose is to celebrate Britain’s love of tea—after all, the British consume more than 60 billion cups of it each year, about 165 million cups per day. However, one does not have to live in Great Britain to join the celebration. Anyone can...

India Tea Board Helps Finance Small Tea Factories

The Tea Board of India, noting the fact that some 60 percent of tea there is produced by smallholders, is offering to subsidize construction. The factories cost about INRs2.5 million ($38,000) and can process about 500 kilos of tea per day (25,000 kilos of fresh leaf). The Tea Board will subsidize 40 percent of...

Q & A With Shabnam Weber, Tea and Herbal Association of Canada

  Shabnam Weber is the newly appointed president of the Tea and Herbal Association of Canada (THAC). Before accepting the position, she resigned from her role as president and chief executive of Tea Emporium, a tea retail and wholesale company she cofounded in 2000. Weber served the past decade as a director of the...

Flat Prices Provoke Critics of India’s Tea Auctions

Darjeeling cut-tea-curl (CTC) is again filling auction warehouses and last week a green tea set an all-time high price at the Coonoor auction in South India, but all is not well with India’s auctions. India’s largest tea producers are chafing under a rule that 50 percent of the nation’s manufactured tea must be publicly...

Festival Builds Momentum for Nepal Tea Trade

KATHMANDU, Nepal Nepal signed several national initiatives last week that will further open the landlocked nation to trade. These include a new rail line linking Kathmandu to India, opening inland waterways essential to moving bulk products, and normalizing cross-border commerce. The third Nepal International Tea Festival concluded Sunday with a boost in momentum for...

Shabnam Weber to Lead Tea and Herbal Association of Canada

Shabnam Weber, a Toronto-based tea retailer and founder of The Academy of Tea, is the new president of the Tea and Herbal Association of Canada (THAC). Weber, who co-founded the Tea Emporium, a chain of specialty tea shops, serves as a member of the THAC board. “I am hugely delighted, honored and excited –...