Drinkers opt for cheaper alternatives - Twinings
Twinings, one of UK's top tea brands, has reported that sales of premium teas have fallen in face of the current economic slowdown. The company, which has been around for more than 300 years, says that tea drinkers in the UK and the US were more likely to choose "everyday" tea instead of more expensive brands. Responding to this trend, Twinings will expand its offer of low priced teas as UK's major supermarket chains launch their own budget ranges.