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AFR
Rich lister Marcus Blackmore says it’s time for a change at vitamins company. Major Blackmores shareholder Marcus Blackmore says a new chief executive is needed to overhaul strategy, and the vitamins company does not anticipate a slowdown in Chinese sales. The $1.6 billion company gave no reason for the sudden departure of chief executive Richard Henfrey in its official announcement to the market on Tuesday, but Mr Blackmore, who is a director, said the decision came after Mr Henfrey and the board agreed a change of strategy and leadership were needed. Mr Henfrey handed down Blackmores' interim results last week and warned that second-half profits would be lower than those in the first half. The revelation triggered a 35 per cent plunge in the share price to its lowest level in four years. Mr Blackmore, the company's former chairman, said Blackmores had been hit by a shift in China trade after falls in sales through the so-called daigou channel, where Chinese tourists buy Australian products to take home to sell online. The rise of the daigous was a driving force behind a surge in Blackmores' market value to a record $3.8 billion in 2016. Mr Blackmore said he had talked to a shareholder at the most recent annual meeting and admitted the daigou-led boom had fallen as quickly as it had risen. "We need to grow our in-country business," he said, "and have less dependency on people buying our product in discount pharmacies in Australia and posting it to the platforms in China. We are going down that path. It's growing but it hasn't grown to compensate for the loss of business from the [daigous]." |
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以sgh为例，我们的女儿在公立精英中学学什么 (2016-1-25) chatchat 
楼主:2018steps
发表于 2019-2-20 07:39
