Health And Wellness Market News: GNC In China, Emme ABC Champ, USP Forum
GNC gets $150m investment from Harbin Pharmaceutical and launches e-commerce JV in China; Apple Rush adds NFL great Leonard Marshall to board; Children's bars from This Bar Saves Lives; USP hosts supplement stakeholder forum May 15; and more news.
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HBW Market News: DSM Taps Co-CEOs, Bayer Consumer Ex-US Changes Ad Firm, Recover 180° Sponsors Champ, More
Former PepsiCo exec Beraud's Sh’nnong Beverage launches Ma Functional Iced Teas with CBD+ Natural Botanicals; Chobani expands beyond yogurt with oat-based products; Recover 180° sponsors boxer Deontay Wilder; Mighty Self Balance CBD targets inflammation; Oki CBD drinks reach Florida; Bayer consumer taps ad firm MullenLowe; and Royal DSM will have co-CEOs when CEO Sijbesma leaves.
GNC reports e-commerce sales up 13.9% as "re-platforming” of its website in 2017 pays off. Firm reports net sales slumped 13.9% as portfolio optimization strategy focused on shuttering underperforming stores continues to hamper North American business.
Wellness Business Roundup: VSI Gets Personal, GNC Gets Brazil Partner, Brightstar Adds Capstone, US Firm Has German CBD Partner
Vitamin Shoppe launches Only Me personalized program/subscription service; GNC expands into “key” target market with Brazilian retail operator; Brightstar to acquire Capstone from H.I.G.; Columbia Care partners with Germany's Moeller on CBD-infused products.