HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Blackmores To Cut Jobs As China Struggles Persist

Executive Summary

With earnings slumping by over 60%, Australia's leading supplements player Blackmores is planning to cut 10% of its workforce as part of a restructuring effort to focus resources on turning around its ailing Chinese business. 

You may also be interested in...



Chinese Demand For Immunity Supplements Drives Up Swisse's Sales

Australian-heritage supplements brand Swisse capitalized on increased demand for immunity products during the COVID-19 pandemic to deliver sales growth of more than 25% in the first half of 2020.

China's Tightened E-Commerce Laws Lead To Plunging Profits At Blackmores

Changes to e-commerce laws in China have hit hard Australia's biggest dietary supplements player Blackmores. With sales and profits in China tumbling, the firm has had to rethink its strategy to reignite growth in the fiercely competitive market.

Dr Reddy's Strengthens Russian OTC Portfolio Through Glenmark Deal

Dr Reddy's is poised to expand its OTC offering in Russia and certain CIS countries by snapping up a basket of allergy brands from India's Glenmark.

Topics

UsernamePublicRestriction

Register

LL010986

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel