AFR article today titled "Vitamins top aussie best sellers during China's Singles Day sale" dicusses top 10 aussie sellers in the recent sales.
No. 6 was Thursday Plantation (more than Bellamy's) - this company produces tea tree face and body products, tea tree extract and essential oils (www.thursdayplantation.com). Google shows they have revenues of $125m +.
Im betting the sales for them were multi million on this one day.
Meluka has the same / superior products in the same market and are developing further competitor products (see recent ASX presentation).
If we break into the market the possibilities could be HUGE.
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- AFR Article - Alibaba Singles Day $1.44 billion in sales
AFR Article - Alibaba Singles Day $1.44 billion in sales
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