Bubs Australia creates channel partnership with Kidswant

Company News

by Rachael Jones

Bubs Australia (ASX:BUB) has taken on its first major project of the Bubs/Beingmate Joint Venture by creating a channel partnership with Kidswant, China's largest mother and baby chain store.

Bubs Organic® food products are now in 275 Kidswant stores in key shopping areas in 123 cities throughout China.
Their annual turnover is over $2 billion.

Retail sales value is expected to be around $6 million in first year.

Shares in Bubs Australia (ASX:BUB) are trading 18.3 per cent higher at $1.10.
  

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.