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Typhoo Tea on brink of collapse
Typhoo Tea teeters on the brink of administration
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 "which affords the company some breathing space to explore solutions", Typhoo's chief executive Dave McNulty told the BBC.
Typhoo Tea on brink of collapse, with more than 100 jobs at risk
Typhoo Tea on brink of collapse, with more than 100 jobs at risk - Tea company filed court notice to appoint administrators after years of declining sales and a costly break-in at its Merseyside factory.
Famous tea firm Typhoo on brink of collapse as drinkers switch to coffee
Typhoo - one of Britain's oldest tea makers and famous for its 'only get an OO with Typhoo' ad slogan from the 80s - is set to appoint administrators
Typhoo Tea on brink of administration following decline in sales and factory break-in
Typhoo Tea is on the brink of administration following a decline in sales and an increase in debt and losses. The 120-year-old brand is set to appoint administrators with chief executive Dave McNulty saying the company has filed a notice at court to provide “some breathing space to explore solutions".
Much loved tea brand on the brink of collapsing into administration
Typhoo Tea, one of the oldest tea companies in Britain, is close to going bust. The century-old troubled tea brand has filed a notice to appoint administrators after recording losses of almost £40 million last year.
One of Britain’s best-known tea brands on brink of collapse
Founded in 1903, Typhoo has long been one of Britain’s best-known tea brands, but the decline in recent years has pushed it to the brink of going out of business.
Typhoo Tea on the brink as Brits switch to coffee
Founded in 1903 by Birmingham grocer John Sumner, Typhoo's struggles mirror changing consumer preferences in the UK. Industry analyst Mintel projects an 8% decline in tea consumption between 2023 and 2028, as British consumers increasingly favour coffee, energy drinks, and trending beverages like bubble tea.
Typhoo Tea Appoints Administrators Amid Rescue Hopes
Typhoo Tea, a venerable name in the UK’s tea market, is urgently seeking a rescue agreement amidst serious financial challenges. The company recently filed a notice to appoint administrators from EY, a move reflecting the severe pressures that necessitate immediate resolution.
One of the UK's favourite tea brands on the brink as Brits switch to coffee
An 120-year old tea business is preparing to enter administration amid mounting debts and declining sales, as Brits increasingly favour coffee.
One of UK's oldest tea companies 'on brink' after shoppers 'ditch' it
Typhoo Tea - one of the oldest tea companies in the UK - is on the brink of administration as it faces mounting losses, it has emerged this week.
2d
on MSN
One of Britain’s oldest tea companies lines up administrators
Typhoo Tea, one of Britain’s oldest tea companies, is close to falling into administration after years of setbacks including ...
1d
on MSN
Typhoo Tea 'set to appoint administrators' after Merseyside factory damage
Typhoo Tea is on the verge of appointing administrators after millions of pounds worth of damage was done to its former ...
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