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Teavana Holdings, Inc.
TEA today issued the following statement in
response to allegations made by certain short sellers:
Teavana's teas undergo rigorous third-party testing on each batch of teas
based on international food safety standards including European Union
regulations, which are widely considered to be the most stringent in the
world.
Consistent with that, the Company has established internal procedures and
comprehensive third party testing to ensure all tea is safe and within those
guidelines.
Teavana refutes the report's conclusions. The group that published the report
is a short-seller and may benefit financially from the allegations in the
report.
Teavana's teas are safe and of the highest quality.
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