Extract but whole story worth reading and opens ones mind to a Bellamy Sale.........
The share price of rival Australian vitamin maker Blackmores has more than quadrupled in the past year, from $31 a share on the ASX to in excess of $137.50 during trade on Thursday, on the back of massive sales growth in China.
Australian infant formula brands, such as Bellamy's Organic and A2 Platinum, have notched windfalls sales thanks to huge demand from China.
Much of the success has come from internet and grey market sales, with gangs of Chinese students buying up stock from Australian chemists and supermarket shelves to send back home.
One milk industry CEO recently suggested Australian domestic sales of infant formula were now more than double the actual consumption by Australian babies.
A2's Australian chief executive Peter Nathan recently admitted the success of his infant formula was party based on grey market shopper.
