Bega Cheese, a2 Milk reassure investors as Bellamy’s woes deepen
Dairy companies a2 Milk and Bega Cheese have acted swiftly to prevent the financial crisis gripping infant milk formula company Bellamy’s engulfing the sector and hurting their own already weakened share prices by assuring investors they could cope with a Bellamy’s failure. BY ELI GREENBLAT.
China Tax Rules to Cool Gray Market for Danone, A2 Baby Milk
Foreign infant formula makers such as Danone may see a small but rapidly growing channel to the Chinese consumer close off as the government tightens a tax loophole that allowed lower prices on goods sold through websites operating outside of China.
China clarifies rules for online imports of infant formula
Infant milk formula imports to China through international websites will need official approval by 2018, the finance ministry said, in a reprieve for firms concerned the rules would take immediate effect and limit their ability to do business.
Bellamy's strikes partnership with Fonterra to make more baby formula
The world’s biggest dairy exporter, Fonterra, will make infant formula for Bellamy’s Organic under a multimillion-dollar deal, as the company increases production to combat chronic shortages of the product.
Chinese 'dai-guo' distributors favoured to sell milk powder over local retailers
Baby milk formula producers Bellamy and A2 Milk Company deny their use of Chinese «dai guo» distribution networks is responsible for a shortfall of milk powder stock in Australia.
ChAFTA delay set to cost Australia's dairy industry $20m
Australia’s dairy industry is set to lose at least $20 million in expected tariff cuts if a free trade agreement with China isn’t implemented before Christmas, according to Australian Dairy Farmers president Noel Campbell.
China #milk deal helps Bellamy’s Organic soar on ASX debut
Launceston-based infant formula and baby food maker Bellamy’s Australia has been embraced by investors at debut on the Australian Securities Exchange.