News

India GST Rules Worry Exporters Concerned About Revealing Blending Recipes

Compliance with India’s new Goods and Services Tax (GST) reveals trade secrets that will hinder the competitive stance of tea blenders and exporters. Dipak Shah, chairman of the South India Tea Exporters’ Association (SITEA) told reporters that “asking for details of blends from exporters is like asking for Coca-Cola’s formula.” The tax requires exporters...

DAVIDsTEA Considers Sale

MONTREAL, Quebec – Disappointing earnings led DAVIDsTEA executives to admit during a call with investors last week that they are exploring strategic alternatives including a possible sale of the company. Shares have lost more than half their value in the past 12 months. Alternatives include a joint-venture partner, the sale of assets, merger, divestiture,...

Devan Shah Tea Festival Meets Goals for Growing Public Festivals

The Devan Shah International Tea Festival – Los Angeles drew more than 1,500 attendees to the Pasadena Convention Center Dec. 2-3. Devan Shah founded International Tea Importers and the Chado Tea Rooms, and though he passed in 2016, his legacy lives on in what has become one of the country’s largest tea festivals. “Devan...

Tea is an Integral Part of World’s Most Spectacular Roastery

SHANGHAI, China The fanfare and brightest of lights shined on Starbucks’ spectacular roastery opening last week but Teavana plays an important, if secondary role. Conversations of late tend to dismiss Teavana as a failure following the announced closing of 379 U.S. and Canadian stores. Teavana even closed its e-commerce site Oct. 1 despite growing...

Abrupt Mid-Holiday Closing of American Tea Room

BEVERLY HILLS, Calif. The abrupt closing of American Tea Room’s three Southern California locations last week marks the latest of several tea palaces to fail. In a statement, founder David Barenholtz wrote that online tea and tea ware sales continue. Closing the stores “was an incredibly tough decision” but necessary “as we re-evaluate the...

Court Blocks Starbucks Plans to Close 77 Teavana Mall Locations

A Superior Court judge in Indiana has blocked Starbucks from closing 77 Teavana locations in malls operated by Simon Property Group. In August, after Starbucks announced it would close all 379 Teavana locations, Indianapolis-based Simon, the largest shopping mall operator in the world, filed suit seeking a temporary and permanent injunction. In the suit...

Ennio Ranaboldo

Martin Bauer Appoints New President

Martin Bauer Group has announced the appointment of Ennio Ranaboldo as the new president of Martin Bauer Inc., the wholly owned U.S. subsidiary based in Secaucus, New Jersey. Ranaboldo has joined the group after a long tenure at Lavazza, the world-renowned coffee company, where he was instrumental in establishing it as one of the...

Countries Seek Export Growth from Branding

Rwanda is the most recent of several tea lands branding their country as a source of exceptional leaf. In November, officials said the newly designated Rwanda Tea brand “will empower and inspire tea value chain stakeholders to conserve and value” the nation’s natural heritage. Agricultural Minister Geraldine Mukeshimana told KT Press that working together...

Golden Tea Strikes Gold

OYAN, ARUNACHAL PRADESH, India Artisan teas for refined palates have long earned boutique gardens outsized reputations and profits. It is a model pioneered in China and adapted in Darjeeling, West Bengal that spread to the Nilgiris in Southern India and now extends to Arunachal Pradesh where the Donyi Polo Tea Estate has established a...

24 Million Ways to Make a Cuppa

If you thought you instinctively knew how to make a perfect cup of tea, think again. Experts in the U.K. have discovered there are more than 24 million different ways to make a cup of tea and while most of us might think we’ve nailed it, our friends and co-workers probably won’t agree. Only...