Australian Financial ReviewMay 13, 2019
Daigou shift causes rethink for Blackmores rival SwisseSimon EvansSenior Reporter
SaveShareVitamins giant Swisse Wellness suffered from a similar sales downturn in Australia as fierce rival Blackmores in the early months of 2019 as hundreds of smaller daigou operators exited the market in the wake of new e-commerce regulations in China.But Swisse, which has been owned by Hong Kong-listed Health & HappinessInternational Holdings for more than three years, was able to capitalise on the big channel shift, with online sales growth in China more than offsetting the Australian slide.today's AFR newspaper 13th May 2019
Possible AU8 takeover by Swisse??
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