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Why the Bubs (ASX:BUB) share price is down 5% to a multi-year low


Why the Bubs (ASX:BUB) share price is down 5% to a multi-year low
James Mickleboro | May 10, 2021 10:09am |
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Bubs Australia Ltd(ASX: BUB) share price is sinking on Monday morning.
In early trade, the infant formula company’s shares are down 5% to a multi-year low of 35.5 cents.
This latest decline means the Bubs share price is now down 40% year to date.
Why is the Bubs share price sinking?
Investors have been heading to the exits this morning following the release of an update from one of its larger rivals.
Earlier today,
A2 Milk Company Ltd(ASX: A2M)downgraded its FY 2021 guidance for the umpteenth time due largely to weakness in the daigou channel and significant inventory issues. ....

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Indonesian retailer Eigerindo selects Aptos technology to support customer-centric assortments


Indonesian retailer Eigerindo selects Aptos technology to support customer-centric assortments
One of the largest retail companies in Indonesia will deploy Aptos PLM and Assortment Planning solutions across its brand and 250 stores
London, U.K April 28, 2021 Aptos, a recognised market leader in retail technology solutions, today announced thatPT Eigerindo Multi Produk Industri,one of the largest retail companies in Indonesia, has selectedAptos’ PLMandAssortment Planningsolutions to accelerate product development and deliver customer-centric assortments across its brand and 250 shops in the archipelago.
Founded in 1979 by Indonesian businessman Ronny Lukito, Eigerindo is a retail company that designs, develops and distributes clothing, accessories, bags, shoes and other equipment. Through the EIGER Adventure brand, EIGER offers outdoor gear with a focus on adventure in a tropical climate. Based in Bandung, the retailer is known for its commitment to providing the hi ....

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