Dilmah Tea threatens to quit Australian supermarkets in cost dispute with major retailers Source:FT The Australian: One of the world’s biggest tea companies, Dilmah Tea, has threatened to pull its products from Australian supermarket shelves unless the major retail chains agree to pay more for its handcrafted brands of Ceylon teas and cease their demands for discounts. Leading Sri Lankan businessman and Dilmah Tea Chief Executive Dilhan Fernando, said the company had been losing money in Australia for more than a decade and its market share continued to fall as it refused to compromise its commitment to sustainability and ethical sourcing. Dilmah, Sri Lanka’s biggest global brand, is sold in over 100 different countries around the world and is among the top 10 tea brands globally. However Fernando revealed Dilmah would be prepared to pull out of mainstream retail and become a super-premium brand for sales just through hospitality venues ...

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