Davids Tea Plans to Take America by Storm

Davids Tea Plans to Take America by Storm

Davids Tea Storefront

Tea is about to compete with coffee for American’s affections.  We keep hearing tea is coming but now with Davids Tea about to go public with an IPO the drumbeat is getting louder.  Based in Montreal, privately held David’s Tea was founded in 2008 by 28-year old David Segal and his cousin Herschel Segal, the founder of the Le Chateau Inc clothing chain.  David’s Tea competes with Teavana, which was acquired in 2012 by Starbucks for $620 million.  David’s Tea sells over 150 types of tea, including exotic infusions from around the world, organic teas and infusions in more than 100 locations throughout the U.S. and Canada. It also sells a number of unique flavored teas including birthday cake, blueberry jam and chocolate chili chai.  So get ready for tea on every corner of every shopping center in Charlotte.

Davids Tea Cannisters

Dave
By Dave
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