Honest Tea sales hit $112m in 2013
Honest Tea, a premium iced tea brand owned by Coca-Cola, racked up $112 million in sales last year, taking advantage of a wide distribution network and product diversification. Sales jumped by 27% compared to 2012, with sustained growth of its PET products and a 56 percent leap in sales of its Honest Kids juice pouches. The company also announced a new line of multi-serve soft drinks developed in coordination with Whole Foods. The "Refresher" range of 5 lemonades and limeades, available from this month in Whole Foods nationwide, will also feature an updated company logo, which will be rolled out across other ranges in the next couple of years.