Along with Bloomingdales and Niemen Marcus, Cellmid has also signed up "Bergdorf Goodman" and Soft Surroundings in the big US market, while also getting a foot in the door to sell in China with a deal based on minimum order quantities and a "handy upfront payment."
From the company 4C
As part of the distribution agreement with Fukangren Cellmid has secured minimum order quantities for évolis® " increasing year on year."
A few points that I dont recall surfacing before this:
Looking into Bergdorf Goodman we find a website not unlike the Neiman Marcus one.
Obviously as it is part of the NM Group.
However a bit of investigation shows that this site has its own supplies of Evolis and has differing quantities being sold and on hand of the various products.
Just wonder if this has just taken effect and is part of further stock requirements in the near term or has been going on for some time under the radar so to speak.
A handy upfront payment and minimum order quantities year on year add further interest to the China deal.
CDY Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
