Is Typhoo Tea losing its fizz as Brits embrace coffee over classic cuppas? Here’s the tea on the troubles brewing at one of the UK’s oldest brands!
In a bittersweet twist that might leave a sour taste for tea lovers, Typhoo Tea is teetering on the edge of administration after a staggering 120 years of serving up cuppas to the nation. What started as a refreshing beverage turns out to be facing some serious steeping challenges. As sales slump, losses widen, and debts rise, the beloved brand has filed a notice at court to appoint administrators. With more than 100 jobs hanging in the balance, it seems this iconic tea brand is entering a precarious phase.
Typhoo isn’t alone in this journey, as the UK’s tea market has faced a decline in recent years, with many Brits switching allegiances to coffee, energy drinks, and the ever-popular bubble tea. The news about Typhoo's potential collapse sparks a heartfelt reflection from tea enthusiasts across the nation. When did our favourite way to unwind go out of fashion? Have we truly traded ‘a cuppa’ for caffeine-fuelled energy fixes? It's time to ask the hard questions while sipping on your brew.
Interestingly, despite the struggles at the wider business level, Typhoo's flagship namesake tea has witnessed growth in UK retail. One must wonder if it's just an uptrend in one corner, or does it hint at the possibility of a frothy comeback? Only time will tell if Typhoo can transform this hardship into a comeback story worthy of the teapot.
Just when you thought things couldn’t get worse, the company experienced a further headache in August when trespassers broke into its former factory in Merseyside, adding insult to injury. With the potential loss of over 100 jobs on the horizon, the thought of the UK losing such a historic brand is heart-wrenching for many tea aficionados.
Fun Fact: Did you know that Typhoo was one of the first companies in the UK to use the tea bag? That’s right! This tea innovator revolutionized the way we brew our teas, making it easier than ever to enjoy a great cuppa!
Another nugget: The UK seems to have a unique relationship with tea, consuming around 165 million cups of tea every day! It raises the question: can Typhoo fight back and reclaim its rightful place in our daily ritual, or is it just a small fish in a big, bustling tea pond?
Typhoo Tea is set to appoint administrators as the 120-year-old brand's sales slump, losses widen and debts rise. The company has filed a notice at court ...
Tea sales in the UK have been declining for years, with drinkers switching to coffee, energy drinks and bubble tea.
Typhoo Tea is preparing to enter administration after 120 years in business, amid declining sales and mounting debts. Typhoo, one of Britain's oldest tea ...
Typhoo's flagship namesake tea is growing in UK retail, but the wider business has struggled in recent years.
Typhoo Tea is set to fall into administration after more than 120 years in business, in a move which would put more than 100 jobs at risk.
Typhoo Tea, a brand which was established at the dawn of the 20th century, has filed a notice of intention to appoint administrators.
It had 116 employees as of late 2023. In August 2023, Typhoo suffered a further blow when trespassers broke into the company's former factory in Merseyside and ...