Wariness over an increasing number of fake domestic products has led to huge demand for foreign formula in the People’s Republic.
An infant formula business which collapsed this year owing more than $600,000 had had its “platinum” brand challenged by a2 Milk months before it went under.
After complaining since last year about other Australian brands trying to pass them off as being the same as A2 Milk's products, the milk company has launched legal action against Kirin-owned Lion Group.
A2 Milk’s fourth profit upgrade in a year appears to lay to rest concerns about the impact of a Chinese crackdown. With special feature audio.
Shares in A2 Milk hit a record high of $2.61 in trading on Feb. 17 but have since fallen back on worries about Chinese regulations. With special feature audio.