Wednesday, April 28, 2021

The Coffee Bean & Tea Leaf

Coffee Bean and Tea Leaf was first formed in 1963 in Los Angeles, California. It was founded by Herbert B. Hyman, who was known as the founding father of gourmet coffee in California.

Tea Leaf opening their first store in Los Angeles, California. The store was the oldest and largest brand of coffee and tea retailer in United States. The company had expanded to ten stores in California in 1970.

The business did so well in Singapore and Malaysia that the company was purchased from the Hymans by Singaporean brothers Victor Sassoon and Sunny Sassoon in 1996.

In 2019, Jollibee Foods Corporation purchased The Coffee Bean and Tea Leaf for $350 million.
The Coffee Bean & Tea Leaf

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