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TWG Tea

From Wikipedia, the free encyclopedia

TWG Tea
Company typePrivate
IndustryTea
Founded2008; 16 years ago (2008)
FoundersTaha Bouqdib (current CEO)
Maranda Barnes Bouqdib (Director)
Manoj M Murjani (former CEO)
Rith Aum-Stievenard (COO)
Headquarters
Singapore
Key people
  • Taha Bou Qdib (CEO)[1]
  • Maranda Barnes Bou Qdib (Director)
  • Rith Aum-Stievenard (COO) [2]
Production output
Tea
Pastries
Desserts
OwnersOsim International, Paris Investments
Websitetwgtea.com

TWG Tea is a Singaporean luxury teahouse chain and a namesake brand of artisanal tea. The brand was established in 2008 as a subsidiary of the Singaporean lifestyle company, The Wellness Group - from which the acronym, TWG, was derived.[3] In 2014, Osim International, itself a subsidiary of the V3 Group, acquired a majority stake in TWG Tea. The company sells over 1,000 blends of tea in its more than 70 boutiques and salons in Asia, Europe, the Middle East, and North America. It also distributes its tea to international retailers.

TWG Tea has expanded rapidly in the 2000s, with salons and boutiques in many countries like UAE, UK, USA, China and more.[4]

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Transcription

History

TWG Tea was established in 2008 as a subsidiary of a Singaporean company, The Wellness Group.[5][6] Its founder, Manoj M. Murjani (a Hong Konger of Indian descent), conceptualised the luxury teahouse chain together with French-Moroccan tea sommelier, Taha Bouqdib.[7] Bouqdib's wife, Maranda Barnes Bouqdib, was also one of the founding partners.[8]

The company opened its first tea outlet in Raffles Place's Republic Plaza in Singapore in 2008 followed by a larger location in the ION Orchard mall.[9] By 2009, TWG Tea products were sold at the Dean & Deluca grocery store in New York and were offered on Singapore Airlines' flights.[10] In 2010, the brand opened its first overseas store in Jiyūgaoka, Tokyo.[11]

In April 2011, Osim International acquired a 35% equity stake in TWG Tea.[12] Later that year, the company expanded into Hong Kong with a store at the IFC Mall. This ultimately led to a lawsuit alleging trademark infringement from the Tsit Wing Group, which had been doing business in Hong Kong since 1932 using the acronym "TWG". In 2014, courts ruled in favor of the Tsit Wing Group,[13] prompting TWG Tea to change the name of its Hong Kong business to "Tea WG".[14]

In 2014, TWG Tea opened a training facility at its headquarters in Singapore to train its staff to become tea sommeliers.[15] In the same year, following a legal dispute between Murjani and Bou Qdib over TWG's ownership, Murjani and The Wellness Group exited the brand, and the brand passed into the ownership of The Wellbeing Group, a second parent company established by Bou Qdib with acronymic similarities.[16]

In 2016, TWG Tea opened its first location in North America in Vancouver, Canada.[17] In 2017, the company officially launched the TWG Tea Institute in Singapore, which offers training to all TWG Tea employees on brewing techniques and information on all tea blends offered by the company.[18]

By 2019, it had 70 outlets in 19 cities worldwide,[19] with distribution of its tea products in over 40 countries.[20]

Products

TWG Tea shop, Marina Bay Sands, Singapore

TWG Tea sells over 1,000 tea varieties, sourcing from 47 tea-producing locales throughout the world.[21] The company's tea products are distributed in 42 countries in retailers like Harrods in London,[18] Dean & Deluca in New York City,[10] El Corte Inglés in Spain and Portugal, and Feinkost Käfer in Germany (among others).[22] The company's logo features the year 1837, which is a reference to the foundation of the Singapore Chamber of Commerce.[18]

Teas are classified by colour (black, blue, green, yellow, white, red) and have names like "Singapore Breakfast Tea", "Silver Moon Tea", and "1837 Black Tea".[23] Rare and luxury tea varieties include the Imperial Gyokuro and the Gold Yin Zhen, which features flakes of 24-karat gold.[24] TWG Tea also sells upscale tea accessories including teacups and teapots.[23]

Locations

Its tea is also sold in TWG Tea-branded tea salons and boutiques in cities worldwide.[18] The salons also sell tea-infused food such as salads, quiches, soups, pastries, and desserts.[25] There are locations in Singapore, Malaysia, the United Kingdom, the United Arab Emirates,[26] Thailand,[27] Taiwan, Canada,[17] South Korea, China, and other nations.[28] In Hong Kong, the brand is known as "Tea WG".[14]

References

  1. ^ "TWG Tea co-founder loses tussle over domain name and false statements". The Straits Times. 3 May 2019. Archived from the original on 6 October 2019. Retrieved 6 October 2019.
  2. ^ Athif, Mariyam Athiza (21 September 2016). "A brief conversation with Rith Aum-stievenard, Co-founder and COO of TWG Tea". Hotelier Maldives. Retrieved November 17, 2022.
  3. ^ V, Harini (5 October 2018). "5 tips for building a successful business from the founder of global brand TWG Tea". CNBC. Retrieved 30 November 2022.
  4. ^ "TWG Tea - The Asian Brand That Made Tea Drinking A Luxury". Martin Roll. 2019-01-20. Retrieved 2023-01-12.
  5. ^ "TWG Tea the best tea since 2008". Luxe Magazine.
  6. ^ Baker, Jalelah Abu (November 1, 2016). "The Wellness Group loses appeal against Osim over TWG Tea". The Straits Times. Retrieved November 17, 2022.
  7. ^ Pikyin, Leong (October 1, 2013). "TWG's Taha Bouqdib: Lessons from his Father". The Peak. Retrieved November 17, 2022.
  8. ^ Millimaci, Grace (September 13, 2011). "Tea salon a sensory invitation". The West Australian. Retrieved November 17, 2022.
  9. ^ "TWG Tea Salon: Taking over Singapore one cup at a time". CNN. 1 December 2009. Retrieved 9 December 2022.
  10. ^ a b Kolesnikov-Jessop, Sonia (18 September 2009). "Gourmet Tea Business Growing Rapidly in U.S. and Around the World". CNBC. Retrieved 9 December 2022.
  11. ^ Yasuda, Masaaki (5 October 2012). "Luxury Tea salon "TWG" from Singapore became global brand only in 4 years". FoodDrink News. Retrieved 9 December 2022.
  12. ^ Wei Kong, Wong (21 April 2011). "OSIM tea venture: some questions". AsiaOne. Retrieved 30 November 2022.
  13. ^ Chu, Julie (4 December 2014). "TWG tea shop may have to change its name after court decision in trademark case". South China Morning Post. Retrieved 30 November 2022.
  14. ^ a b Yusof, Helmi (16 November 2018). "Weekend Interview: Taha Bouqdib". The Business Times. Retrieved 20 November 2022.
  15. ^ "TWG Tea: The Art of the Blend". Billionaire. Archived from the original on February 9, 2015. Retrieved September 12, 2014.
  16. ^ "5 High Court of the Republic of Singapore" (PDF). Archived (PDF) from the original on 2019-10-06. Retrieved 2019-10-06.
  17. ^ a b Kwan, Tammy (18 October 2016). "TWG Tea: Singaporean-based tea company set to open first North American location in Vancouver". Straight. Retrieved 9 December 2022.
  18. ^ a b c d Xinyi, Hong (14 November 2018). "TWG Tea's Taha Bouqdib And Maranda Barnes Talk Tea And Global Ambitions". Asia Tatler. Retrieved 9 December 2022.
  19. ^ Ambler, Pamela (2 September 2019). "The Billionaire Who Welcomed The Barbarians At His Gate: To Improve His Company, Ron Sim Knew KKR Was His Best Hope". Forbes. Retrieved 12 December 2022.
  20. ^ Lai, Leila (5 November 2018). "10 years on, TWG sips on global ambitions". SGSME. Retrieved 12 December 2022.
  21. ^ "A successful brew: Home-grown luxury tea brand's tried-and-true formula for creating an impactful online presence". The Straits Times. December 23, 2021.
  22. ^ "TWG Tea Festive Set Menu December 10 to January 3". MyVanCity. 2 December 2019. Retrieved 12 December 2022.
  23. ^ a b Olivares-Co, Maja (15 May 2013). "Elevating the common cup of tea". Philippine Daily Inquirer. Retrieved 12 December 2022.
  24. ^ Goh, Joie (31 October 2018). "The Husband & Wife Duo That Built TWG Tea". The New York Times Style Magazine: Singapore. Retrieved 12 December 2022.
  25. ^ Fahmy, Miral (27 November 2008). "Singapore salon infuses tea with new level of luxury". Reuters. Retrieved 12 December 2022.
  26. ^ Mah, Kenny (20 May 2018). "How fine teas purveyor TWG Tea expanded across the globe". Malay Mail. Retrieved 12 December 2022.
  27. ^ Chinmaneevong, Chadamas (23 July 2013). "Something's brewing". Bangkok Post. Retrieved 12 December 2022.
  28. ^ Khoo, Lynette (31 October 2014). "Osim unveils ambitious expansion plans for TWG Tea". The Business Times. Retrieved 12 December 2022.

External links

This page was last edited on 3 April 2024, at 21:16
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