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Japanese drinks giant Kirin Holdings has agreed a $1.2 billion buyout of Australian vitamin maker Blackmores, furthering a diversification push while offering the struggling target’s shareholders a neat exit. The deal makes good on a plan by Kirin to broaden…
The chief executive of vitamins group Blackmores says people will keep spending on vitamins and health supplements they consider crucial, but are becoming more discerning about when and where to buy as cost-of-living pressures rise. Alastair Symington says…
Vitamin producer Blackmores has seen group revenue rise 12.8 percent in Fy22 to reach $649.5 million with growth across the company’s three major brands. This delivered a rise in underlying operating EBIT profit of 19 percent to $56.6 million, with margins…
The boss of Blackmores says the vitamins and supplements giant is not really relying on Chinese “daigou” shoppers anymore as it gains more market share in Indonesia and Thailand, while the huge opportunity of densely-populated India will be a slow burn. After…
Australian-based and internationally loved natural health and dietary supplements company Blackmores has announced its launch into the Indian market, reaching local consumers in association with Amazon India and other major eCommerce platforms before…
Blackmores CEO Richard Henfrey is wrestling with supply constraints for some ingredients and a more competitive market in China. Blackmores is grappling with shortages of ingredients such as whey protein and fish oil, and competition in China is becoming more…
Australian Ambassador to Indonesia Paul Grigson has welcomed the new partnership between Australian company Blackmores and Indonesias Kalbe that will allow new vitamin products to enter the local market. Blackmores will initially supply eight products in…
Blackmores chief executive Christine Holgate is in Jakarta today to launch the company’s expansion into the Indonesian market. The Sydney-based vitamin and supplements company has been operating in China, Singapore, Malaysia and Thailand for some years but…
With a theme of risk takers and growth makers it was inevitable that anecdotes about Australian business and China would feature heavily at The Australian Financial Review Business Summit, presented by BHP Billiton. China presents risks that are beyond the…
Blackmores chairman Marcus Blackmore admits he had no idea just how much the opening up of China would turbocharge sales of his company’s vitamins, creams and supplements. The ASX-listed natural health business has been showered with awards this year while…
JD.com says it has secured partnerships with Australian brands Blackmores, a leading Australian natural health company, and Sanger Australia, the Australian meat sales and marketing business of the Bindaree Beef Group. Both brands will open stores on JD.com’s…
