November 2024
The supplement that burns fat and boosts energy
Can MCT, a natural fat found in coconuts and palm oil, really help you lose weight?
Why this Swisse CEO fasts for 19 hours a day
Nick Mann, regional CEO of the parent company that owns Swisse, has stepped up into the role of global group CEO just as the wellness industry is booming.
August 2024
Nature’s Care sale docs in front of potential buyers; NBIOs due Sept 6
Although the company returned a $23.7 million operating profit in 2023, it has struggled under a heavy debt load and missed a $148 million debt payment last month.
March 2024
The day a 34-year-old Sydneysider got a $116m tax bill
The Tax Office’s pursuit of a wealthy Taiwanese-Sydney family illustrates how investigations that take years can suddenly accelerate.
Chinese funds blow more than half a billion on Nature’s Care
Two state-owned private equity investors may have lost $585 million on Nature’s Care, a Sydney vitamins maker put into administration on Monday.
Street Talk triggered $207m freeze order; family ‘flight risk’
The rich Taiwanese-Australian family behind the Nature’s Care brand lied to the tax office about their income, court documents allege.
She made $600m selling fish oil. Now Jina Chen wants her company back
One of the country’s wealthiest immigrant families has pitted itself against investment funds controlled by Beijing in a fight over the future of Nature’s Care.
October 2023
Vitamin maker Nature’s Care up for sale; KordaMentha on hand
The company’s lenders, led by Singapore’s UOB, have appointed KordaMentha partner Ryan Rabbitt to oversee a potential deal.
September 2023
Blackmores to expand from vitamins into health foods by 2025
The Japanese group Kirin acquired the ASX-listed company for $1.9 billion earlier this year, and told shareholders it has plans to launch the new range by 2025.
August 2023
Blackmore happy to be the Col Sanders of vitamins after $334m payday
The company’s largest shareholder says he’ll wait for six months before deploying the $334 million coming to him from the Kirin buyout.
July 2023
A multivitamin a day helps keep (some) memory loss at bay
While the brain needs several micronutrients for optimal health, a Harvard study has shown a modicum of multivitamins can boost memory in people over 60.
June 2023
Vitamin maker Vitex flaunts $50m-a-year earnings, MacCap revives talks
It’s round two in family-owned vitamin manufacturer Vitex’s attempts to pin down a private equity investor.
April 2023
Blackmores drama ends with Japanese slam dunk
Every year or two, a big Japanese conglomerate snaps up a well-known Australian company, and the deals are invariably clean, swift and at hefty premiums.
December 2022
Why the biggest shareholder in Blackmores is headed to Dubbo
A “bloody rocket” from 97-year-old shareholder Jack Poyner helped re-engage Marcus Blackmore with his eponymous company after the previous board froze him out.
November 2022
Lance Franklin helps kick Swisse sales higher
Shoppers are buying vitamins to bolster their immune systems and have also been inspired by the Sydney Swans star and wife Jesinta.
October 2022
Vitamin subscription start-up Vitable readies raising
Sydney-based vitamins subscription startup Vitable is knocking at investors’ doors again, looking to extend a $5 million convertible note round that it ruled off in June.
August 2022
Blackmores in Vitamin C and fish oil spike as colds return
Humans have been buying up “immunity” products with gusto, while the PAW pet health brand has also made solid headway.
June 2022
Sustainability now ‘table stakes’ for all brands, says Sanofi boss
The risk for brands not working on sustainability is that they will become irrelevant to consumers.
May 2022
Swisse sales jump 29pc as shoppers bolster immune systems
In the “Living with COVID” phase, households are stocking up on vitamins and supplements, while pet nutrition is also on the rise.
March 2022
Swisse embraces Coles, Woolies as daigou disappear
Entrepreneurs buying $200m of vitamins in Australia to sell online in China have vanished, causing all players to rethink their strategy.