#teaindustry

  1. Nayuki Tweaks Franchising Model As Competitors Serve Up Rival Listings

    By The Bamboo Works Key Takeaways: Nayuki’s new store openings slowed in the first quarter due to seasonal factors, as it tweaked its franchising model aimed at boosting its presence in smaller cities The premium tea seller will soon face new competition for investor dollars in Hong
  2. Kenya: Tea Worth Millions Unsold As Minimum Price On Older Stocks Reinstated

    By Gerald Andae / Business Day Africa [Business Day Africa] Kenyan tea worth Ksh2.3 billion was withdrawn from the market in the latest sale as the Kenya Tea Development Agency (KTDA) instructed brokers to sell the beverage at the reserved price, resulting in traders rejecting mil
  3. Auntea Jenny Steeped By Rivals In Flood Of Bubble Tea IPOs

    By The Bamboo Works Key Takeaways: Premium tea chain Auntea Jenny has filed to list in Hong Kong, reporting its profit nearly tripled in the first three quarters of last year to 320 million yuan The company uses a franchise business model, similar to many of its peers that have also
  4. Sainsbury's warns tea drinkers disruption in Red Sea is causing 'supply issues'

    By Henry Saker-Clark, PA Deputy Business Editor & Lawrence Matheson Tea lovers might have a tough time finding their favourite brew in supermarkerts because of "supply issues" hitting supermarkets . Sainsbury's has told customers that there's a "nationwide" problem with getting blac
  5. Britons despair with 'nationwide' shortage of black tea due to Houthi attacks in Red Sea

    By Holly Bishop Britons may have to brace themselves for a shortage of tea, due to disruption of trade routes linked to Houthi attacks on ships in the Red Sea . Retail giant Sainsbury’s has warned shoppers that there are “nationwide” problems that could affect the availability of th