Rapid Nutrition First Sydney Store with GNC
June 13 2018 - 2:01AM
RNS Non-Regulatory
TIDM0RNS
Rapid Nutrition
13 June 2018
Rapid Nutrition PLC / Key word(s): Miscellaneous
Rapid Nutrition opens up first Sydney Store with GNC
13.06.2018 / 07:00
Rapid Nutrition PLC
("Rapid Nutrition" or the "Company")
Rapid Nutrition opens up first Sydney Store with GNC
Rapid Nutrition, a natural healthcare company focused on the research and development, manufacturing
and distribution of weight-loss and diet management products, sports nutrition products, vitamins
and dietary supplements and a range of life science products, is pleased to announce it has
opened its first health food store in Sydney, Australia as part its previously announced exclusive
agreement with GNC Holdings, Inc. ("GNC") to market, sell and distribute GNC products in Australia
through multiple channels.
The Company's first store - "The Vitamin Store", located in the bustling shopping district
of Devlin St & Blaxland Rd, Ryde NSW 2112, will range Rapid Nutrition's brands (System LS(TM)
and Leisa's Secret(R)). The Company will introduce GNC's products into the store in Q1 of
FY 2018/2019.
The exclusive agreement with GNC provides Rapid Nutrition with several opportunities to expand
its presence nationally and internationally and a strategic plan is being initiated by the
Company to maximise revenue growth.
Rapid Nutrition is attending the GNC Global conference to be held on 24 June to 28 June 2018
in Las Vegas.
Simon St. Ledger, Chairman of Rapid Nutrition said:
"We are delighted with the opening of our first store which will range GNC's products later
this year. We are initiating a strategic plan with our partner GNC which has the potential
to open up significant opportunities for both companies. We are excited by developments and
look to the future with great confidence."
About Rapid Nutrition
Listed on the Swiss Stock Exchange, Rapid Nutrition is a natural healthcare company focused
on the research, development and production of a range of life science products. The company
was established based on its successful and proven weight loss supplement range which is exported
worldwide and now offers consumers a growing range of health and well-being solutions to meet
existing and emerging societal health concerns, as well as a providing number of wider services
to the life sciences industry. For more information, please visit http://rnplc.com
End of Corporate News
694873 13.06.2018
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END
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