As traditional tea consumption declines in the UK, younger generations appear to favor alternatives like iced tea, herbal teas, and coffee. The iconic brand Typhoo Tea recently faced collapse due to falling sales, highlighting a shift in preferences. Experts suggest…
Typhoo Tea, a storied British tea brand with a history spanning 120 years, has been acquired by vape producer Supreme for £10 million after entering administration due to declining sales and rising debts. While Supreme aims to keep Typhoo under…
Typhoo Tea, a 120-year-old tea company, has been acquired by Manchester-based vape maker Supreme for £10 million after falling into administration due to declining sales and increasing debts. The new ownership ensures that Typhoo remains in British hands, although its…
Typhoo Tea, the historic UK brand founded in 1903, is on the verge of administration as it grapples with dwindling sales and escalating losses. Chief Executive Dave McNulty announced that the company has filed a court notice to appoint administrators,…
Typhoo Tea, a historic brand founded 120 years ago, is poised to enter administration as it grapples with declining sales, rising debts, and extensive losses. The company’s chief executive, Dave McNulty, confirmed that a court notice has been filed to…
