Swisse Wellness' parent company, H&H (Health & Happiness) Group — formerly Biostime — has bought back the vitamin firm's distribution rights from PGT Healthcare for $131m, including those for the key China market.
Indian supplier VAV Life Sciences is targeting sales growth for its Lipova egg yolk powders for supplements, functional foods, infant formula and sports nutrition products, after moving to a new GMP-certified facility earlier this year.
Probiotic supplier Ganden says its recent acquisition by Kerry Group will allow it to fast-track the growth of its products in Asia, with China and India having bene identified as two markets that are "impossible to ignore".
Continuous innovation, new product launches, and comprehensive education services have seen BioCeuticals — the Blackmores-owned practitioner-only supplement firm — double its sales over the past four years, says its MD.
Parents in Hong Kong and China are the world's biggest spenders when it comes to infant formula, but consumer oragnisations have accused global manufacturers of 'exploiting parents concerns' around safety to charge premium prices.
New Blackmores CEO Richard Henfrey has pledged that the firm will look to move beyond selling 'bottles of pills', hinting that a more personalised nutrition approach featuring tests and value-added services could be an option.
Blackmores' long-term fortunes in China will be dependent on establishing a successful retail business alongside its current thriving cross-border e-commerce sales, its new CEO told us in an exclusive interview.