Elias Tiong and his wife, Hailee Chong, started a bottled tea drink business after a trip to Japan in 2018. As risk-averse full-time lawyers with no business experience, they started the business on ...

LONDON — The pieces are in place for Unilever to spin off part of its tea business. Now company management must decide what form the spinoff will take — initial public offering (IPO), partnership or ...

LONDON — CVC Capital Partners is acquiring ekaterra, Unilever’s tea business, for €4.5 billion ($5 billion). Ekaterra’s business has 34 tea brands, including Lipton, Pukka, T2 and Tazo. The business ...

Ekaterra, the global tea business recently sold by Unilever, has appointed a new CEO and chairperson to its board of directors. The Lipton tea owner has hired Nathalie Roos to be its CEO, while also ...

Coca-Cola announced plans in May to phase out its Honest Tea line of organic teas by the end of this year, but Honest Tea will make something of a comeback. It won’t be called Honest Tea though. Coke ...

In an era of heightened awareness around plastic waste, carbon footprints, and ethical supply chains, the food and beverage industry faces growing pressure to align everyday consumer goods with ...

Unilever to sell Ekaterra, its tea business, to CVC Capital Partners. The price is 4.5 billion euros. The deal is is expected to close in the second half of 2022. Unilever today announced that it has ...

Bubble tea's explosion in popularity over the past few years has created immense wealth. There are at least six Chinese bubble tea business owners who saw their fortunes exceed $1 billion. A chain of ...

If, like me, you’re a longtime fan of kids’ clothing brand Tea Collection, you’ve probably noticed that the clothing lasts remarkably long. I’m always amazed when I have pieces I’m not embarrassed to ...

WASHINGTON--(BUSINESS WIRE)--Historic Hotels Worldwide ®, a prestigious collection of more than 300 authentic historic hotels in more than 40 countries, is pleased to announce The 2024 Top 25 Historic ...