Baby Bunting was established in Melbourne as a family-owned business more than 30 years ago. Baby Bunting is Australia’s largest nursery retailer and one-stop-baby shop, cater to parents with children from new-born to 3 years of age. Baby Bunting is increasing and growing. Starting from a single store in Suburban Balwyn, to now 42 stores nationwide, they take pride in themselves on providing the excellent customer service they provide every day. With over 6,000 products, they provide parents with the greatest range or prams, car seats, carriers, furniture, nursery, safety, babywear, changing, toys, feeding and so much more. Baby Bunting was initially listed on the ASX on the 14th of October 2015. In the short three years of being listed BBN gained a small market cap of 171.33 million dollars. This amount of …show more content…
There are 1.42 billion people living in China. The demographics of China are identified by a large population with a relatively small youth division. China is the fastest growing emerging market and unofficially the largest economy on the globe. Although it offers vast prospects for an expanding business, the chances of success without sufficient knowledge and expertise is, to be frank, considered slim. But that doesn’t make China any less appealing. China offers an entrepreneurial economy for expanding businesses and is now so powerful that it sets the global benchmark for prices. China needs the expansion from Baby Bunting as China is in demand for baby formula as there’s is inferior. It would increase and a big cash grab for the company as well as the Chinese. Even though Baby Buntings share price is down 35% from its 52-week high as it is at the mercy of many of its competitors closing down clearances, BBN is likely to come out strong and is in a great position to win a good position of the market. They are expected strong profit growth as it leads the infant essentials