Bubs share price drops as China overstock scale revealed
Australian infant-formula maker Bubs saw its share prices crash after revealing damning figures from its China business today (30 June).
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Australian infant-formula maker Bubs saw its share prices crash after revealing damning figures from its China business today (30 June).
Bubs Australia has revealed its China revenue has plummeted in a trading update as its sacked founder aims to overhaul the company’s board.
No owner Lin and Carr are keen on Nathan. He’s seen it all before and is unlikely to disagree on their strategy.
Dennis Lin was replaced as the infant formula manufacturer’s chairman in April, pushing the company’s chief executive Kristy Carr to take personal leave.
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