{"id":7131,"date":"2024-03-14T00:03:54","date_gmt":"2024-03-14T00:03:54","guid":{"rendered":"https:\/\/economicherald.net\/?p=7131"},"modified":"2024-03-14T00:03:54","modified_gmt":"2024-03-14T00:03:54","slug":"ezz-products-to-gain-exposure-to-increasing-chinese-tourist-numbers-at-auckland-airport-under-duty-free-deal","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7131","title":{"rendered":"EZZ products to gain exposure to increasing Chinese tourist numbers at Auckland airport under duty-free deal"},"content":{"rendered":"<p>Seven premium EZZ products to be available at Auckland International Airport\u2019s DFS store<br \/>\nThe move is designed to capitalise on a rebound in Chinese tourist numbers into New Zealand<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> EZZ Life Science Holdings is counting on a rebound in Chinese tourist numbers to increase sales of its premium genomic health products and has reached agreements with duty-free retailers to achieve this objective.<\/strong><\/p>\n<p>The company produces a range of health supplements, health food, haircare, children\u2019s health and probiotics under the brand EZZ.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/ezz-life-science-ezz\/\" target=\"_blank\" rel=\"noopener\"><strong>EZZ Life Science Holdings (ASX:EZZ)<\/strong><\/a> also has exclusive distribution rights for the EAORON brand of skin care products to pharmacies, supermarkets and specialist retailers in Australia and New Zealand.<\/p>\n<p>Its focus on high-demand, high-margin products resulted in <a href=\"https:\/\/stockhead.com.au\/health\/exceeded-our-expectations-ezz-focuses-on-robust-growth-after-strong-fy23\/\" target=\"_blank\" rel=\"noopener\"><strong>revenues for FY23 rising 147.3%<\/strong><\/a> over the previous year to $37.1m while EBITDA rose 172.5% to $4.8m.<\/p>\n<p>More recently, the company launched three new Australian-made products \u2013 EZZ Hair Protector, EZZ Sugar Metabolism and EZZ Mount Peak III \u2013 to take its portfolio up to 51 products.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Duty-free deals<\/strong><\/h2>\n<p>To increase the exposure of its products to Chinese tourists, EZZ has reached a collaboration with renowned duty-free retailer DFS to launch seven premium products at the latter\u2019s Auckland International Airport store.<\/p>\n<p>This follows on the company\u2019s <a href=\"https:\/\/stockhead.com.au\/health\/ezz-forges-partnership-with-high-end-travel-retailer-amid-resurgence-of-chinese-visitors-to-australia\/\" target=\"_blank\" rel=\"noopener\"><strong>existing partnership with DFS<\/strong><\/a> which allows its products to be sold at the DFS flagship Sydney store.<\/p>\n<p>Chinese tourists made up the largest inbound market for New Zealand until the COVID-19 pandemic slowed numbers down significantly.<\/p>\n<p>However, it has picked up again in the last six months after New Zealand was named as one of 20 countries with \u201capproved destination status\u201d by China\u2019s Ministry of Culture and Tourism.<\/p>\n<p>\u201cWe\u2019re thrilled to expand our collaboration with DFS, building on the success we achieved in Sydney last year,\u201d EZZ chairman Glenn Cross said.<\/p>\n<p>\u201cPost-COVID, Chinese tourists are increasingly prioritising health and we are excited to present our product range to them alongside other travellers, with such a renowned name in the duty-free retail industry.<\/p>\n<p>\u201cEZZ will launch seven products at DFS Auckland Airport including its popular EAORON hydration and anti-aging solutions, along with its flagship supplement, EZZ Bone Growth Chews.\u201d<\/p>\n<p>\u00a0<\/p>\n<p><em>This article was developed in collaboration with EZZ Life Science Holdings, a Stockhead advertiser at the time of publishing. <\/em><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/health\/ezz-products-to-gain-exposure-to-increasing-chinese-tourist-numbers-at-auckland-airport-under-duty-free-deal\/\">EZZ products to gain exposure to increasing Chinese tourist numbers at Auckland airport under duty-free deal<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Seven premium EZZ products to be available at Auckland International Airport\u2019s DFS store The move is designed to capitalise on a rebound in Chinese tourist <a href=\"https:\/\/economicherald.net\/?p=7131\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":7132,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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