Byline: Associated Press
Celestial Seasonings Inc., a leading herbal tea maker, is planning to plunge into the $400 million market for ready-to-drink tea using domestic spring waters from Perrier Group of America Inc.
The first teas under the new licensing agreement will be available by July in California and the Northeast, officials of both companies said Monday.
The teas will carry the Celestial Seasonings brand name but will be bottled and distributed under a …
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