User:Lilyscholz/sandbox
| File:The Republic of Tea Logo.png | |
| Company type | Private |
|---|---|
| Industry | Beverage |
| Founded | 1992 in Novato, CA, U.S. |
| Founders | Mel Ziegler, Patricia Ziegler, Bill Rosenzweig |
| Headquarters | Hamilton Landing, Suite 100, Novato, CA 94949 , U.S. |
| Products | Loose-Leaf Tea Tea Bags Tea-Related Products |
| Website | RepublicofTea.com |
The Republic of Tea is a privately owned American tea company based in Novato, California that blends and markets organic and exotic teas from around the world.[1] The Republic of Tea is known for packaging its loose teas and tea bags in tall, cylindrical tins. It was one of the first companies to offer varieties such as rooibos red tea, white tea, and tea seed oil to American consumers.[2]
History
The company was founded in 1992 by entrepreneurs Mel Ziegler, Patricia Ziegler, and Bill Rosenzweig. The Zieglers are also known for co-founding Banana Republic and ZoZa.com[3]. In 1994, they sold the company to Ron Rubin, under whom The Republic of Tea has grown into a nationally recognized brand.[4] Rubin's son Todd Rubin joined the company in 2007[5] and succeeded his father as president in 2015. Ron Rubin currently serves as The Republic of Tea's Executive Chairman and Minister of Tea.[6] The Republic of Tea designates its employees as "ministers," its customers as "citizens," and its retail outlets as "embassies."[2]
Practices
The Republic of Tea's products are distributed through speciality retailers including Whole Foods Market and Williams Sonoma. They do not intend to expand to mass market retailers such as Costco, Kroger, and Walmart. The company prides itself on maintaining slow but steady growth and operating without any debt.[2][4]
Both Ron and Todd Rubin have said that they are not interested in selling The Republic of Tea, despite a potential valuation as high as $125 million. Ron Rubin says he has always hoped his company would remain family-owned and private.[4]
References
- ^ "Exclusive: California beverage company sets up office at Cortex". www.bizjournals.com. Retrieved 2018-09-26.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b c Burke, Katie (2017-08-10). "Living in The Republic of Tea: CEO Todd Rubin emphasizes the importance of smaller retailers". www.bizjournals.com. Retrieved 2018-09-26.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ Schawbel, Dan. "The True Story Behind the Banana Republic Brand". Forbes. Retrieved 2018-09-25.
- ^ a b c Say, My. "The 'Zentrepreneur': The Republic Of Tea Could Be Worth $125M, But Its Exec Is Still Not Selling". Forbes. Retrieved 2018-09-25.
- ^ "40 Under 40 2016: Todd Rubin leads a premium tea empire at The Republic of Tea". www.bizjournals.com. 2016-03-10. Retrieved 2018-09-26.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "A Family Succession at The Republic of Tea". Retrieved 2018-09-26.