Business
Bubs adjusts to life without daigou traders – The Australian Financial Review
Infant formula groups Bubs and Nuchev say revenues were better in the December quarter than in the September quarter.
Rival ASX-listed goat milk infant formula group Nuchev, which makes the Oli6 brand, on Thursday also released a December quarterly update, which chief executive Ben Dingle said demonstrated the resilience of the business.
Nuchev produced revenue of $3.7 million in the three months ended December 31, up from $1.7 million in the September quarter. It said the corporate daigou market was recovering slowly. Nuchev shares are still less than half the $3 they were fetching in late May.
Mrs Carr said a…
-
General18 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
Noosa News21 hours agoTributes for woman allegedly mowed down on footpath in Maroochydore; Guilherme Dal Bo charged
-
General14 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General12 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount