Livia Wang, managing director of Chinese marketing firm Access CN, said despite its problems Bellamy's is still ranked very well among the "Daigou" - the Chinese personal shoppers. Daigou roughly translates as "buying on behalf of".
"Demand is still there," said Ms Wang. "Bellamy's has a great product. Especially the organic concept is very well received in Chinese community. Bellamy's has the issue of oversupply and pricing from some e-retailers but the most important thing they have a strong brand. I expect Bellamy's will remain a core product for the Daigou market and continuing to grow in the Chinese market."...
From the article of the AFR today, as I posted(see the underlined above)...
Cheers!
BAL Price at posting:
$6.68 Sentiment: Buy Disclosure: Held