Blackmores

Retail Asia27/04/2023

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 its business beyond alcoholic drinks as a growing interest in health raises expectations of tougher regulation. […]

Retail Asia23/02/2023

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 there’s a noticeable shift in the different channels from which vitamins purchases are being made, with value-oriented consumers hunting […]

Retail Asia22/08/2022

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 expanding 1.1 points to 53.4 percent. CEO Alastair Symington said the company had delivered […]

Retail Asia28/04/2022

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 delivering the company’s latest results on Thursday, chief executive Alastair Symington also said […]

Retail Asia01/10/2021

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 expansion to traditional retail in key cities. Primed for a post-COVID wellness boom, India is a focus growth market for Blackmores given […]

Retail Asia23/02/2018

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 fierce but chief executive Richard Henfrey says the long-term growth projections for the vitamins maker are robust. […]

Retail Asia05/09/2016

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 Indonesia through the joint venture, the Australian Embassy here said on its official website on Saturday (Sept. 3). Ambassador […]

Retail Asia01/09/2016

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 has held back from the Indonesian market as it searched for the right partner. It has now partnered […]

Retail Asia17/03/2016

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 pale for boards of directors of most S&P ASX 200 companies and for many influential […]

Retail Asia07/12/2015

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 booming sales have seen the stock light up the local sharemarket. Around 80 per cent […]

Retail Asia08/09/2015

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 direct sales channel and will use the company’s same-day delivery services. Sanger Australia will also leverage JD.com’s […]

Tag: Blackmores

Kirin to buy Blackmores in $1.88 billion cash deal

Blackmores’ international sales soften during first half

Blackmores registers strong growth, momentum expected to continue

Blackmores believes China’s diagou market is past its peak

Blackmores launches into India

Blackmores stumbles on China costs and fish oil shortages

Blackmores, Kalbe join forces in new Indonesian venture

Blackmores spreads wings in Indonesia

Risk takers and growth makers look to China

Blackmores cuts the ribbon on Bondi store amid mad China scramble

Blackmores, Sanger to open stores on JD.com