AU8
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Company News
AuMake announces re-opening of Sydney retail stores for local Asian customer base
Retail provider AuMake International (ASX: AU8) has announced a progressive re-opening of its physical stores from today to cater for an expected increase in foot traffic as COVID-19 social distancing policies ease. Stores in the Sydney metropolitan area will be opened to provide speciality products and a tailored shopping experience to local Asian consumers and […]
AuMake’s online business booms as COVID-19 impacts China’s retail industry
Retail business AuMake International (ASX: AU8) has reported a material shift in China-based consumer purchasing behaviour across its online channels, due primarily to coronavirus isolation procedures and consumers having less exposure to offline stores. The company said its online stores are providing an “undisrupted source of revenue” which is partially offsetting the financial impact of […]
AuMake enters into agreement with JD Worldwide to promote Australasian brands to Chinese consumers
Retail business AuMake International (ASX: AU8) has signed a strategic agreement with e-commerce marketplace JD Worldwide with a view to building a platform for new Australasian brands wishing to enter the Chinese consumer market. The agreement will combine AuMake’s retail store and brand-building capability in Australia with JD Worldwide’s online and logistics capability in China, […]
AuMake maintains daigou market momentum as Chinese demand stays on trend
Retail company AuMake International (ASX: AU8) has published an interim market update detailing its ongoing push into the daigou market. To date, AuMake has been developing its market presence by offering a one-stop-shop retail network that sells a range of Australian healthcare, skin, body care, cosmetics, dairy products and baby food products. AuMake’s near-term future […]
AuMake and Pure Nutrition to develop A1 & A2 milk powder formula for the daigou market
Retail company AuMake International (ASX: AU8) has signed a supply agreement with Pure Nutrition to develop a brand of “A1 and A2” milk powder formula products, best known for their beta-casein protein content. The pricing and exact deal terms have been kept confidential but AuMake has committed to producing around 1 million units of A1 […]
AuMake guides its way to Chinese daigou market revenues
Australian retailer AuMake International (ASX: AU8) has agreed to partner with Itrip.com, an online travel-agency booking platform, to commercialise the growing trend of Chinese consumers buying up many of Australia’s manufactured products, including healthcare products, cosmetics, dairy, food supplements and skin care. AuMake says its main objective is to engage with the “growing and influential […]
AuMake International snaps up 50% stake in Health Essence
Daigou market focussed AuMake International (ASX: AU8) has claimed a 50% interest in health supplement brand, Health Essence, with an option to acquire the remaining 50% via a share issue. Health Essence has been sold in Australian retail outlets since 2012 and includes health supplement products such as fish oil, liver detox, grapeseed oil, squalene […]
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