AuMake Archives - Inside FMCG

Tourist drought hits AuMake’s bottom line

AuMake, the Australian retail chain selling local goods to Chinese, has reported a 70-per-cent decline in sales for the fourth quarter to just $4 million,.

AuMake quadruples gross profit in first half of FY20

The spiraling impact of the coronavirus outbreak could have a drastic impact on the business’s core Asian tourist customer.

AuMake assures investors that business won’t be rocked financially by Coronavirus

Retailer confident of ability to meet financial commitments due to strong cash position and diverse consumer base.

AuMake’s new focus delivers in December quarter

Daigou business has seen its best financial performance since 2017.

AuMake shifts focus to Asian tourist market

While AuMake will continue to service daigou, it will be transitioning offline traffic to online platforms to “maximise efficiencies and profitability”.

Former Swisse and Treasury Wine director joins Aumake board

Daigou retailer AuMake has appointed former Swisse Wellness and Treasury Wine director Oliver Horn to its board.

Aumake launches new channels with JD.com

AuMake will streamline ANZ brand access to JD.com’s primary online China platform.

AuMake records fastest sales growth in supplements at 618 festival

Since the launch of AuMake’s JD store in March, it has delivered an average monthly growth rate of over 100 per cent.

ANZ formula companies reeling in wake of China’s production plans

China unveiled a plan to boost its local formula output and reduce reliance on imports.

AuMake doubles profit, rapidly grows customer base

Daigou business investing in infrastructure to fuel online sales.