Business
a2 Milk’s rival sells its struggling China baby formula unit – The Australian Financial Review
Beijing’s recent change to its birth control policy may not be as big of a boost as first thought for formula players.
He said a2 Milks increasing focus on driving growth out of its China label formula could hit margins, given the offline channel has lower profitability and a2 Milk would need to invest more in marketing/promotions to compete with larger competitors.
He…
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