Go Vita 2022 Annual Report

MANAGING DIRECTOR’S REPORT

Sales After Rebate

manufacturing, lockdowns and freight delays all pushing out lead times. Despite this, NutriVital still managed to launch 21 new SKUs. The continuous work on bringing new products to market, refreshing the range and the development of a new label, particularly with their better margins, has helped to significantly assist in minimising our profit decline.

Once again, our buying team faced challenges of keeping major brands in our warehouse due to our more limited distribution model but have managed to attract new suppliers and renew a relationship with a major brand that had previously exited. Twenty-nine new suppliers have been added to our warehouse generating $1.5 million in revenue, which

Private Label Sales

GO VITA GROUP LIMITED ANNUAL REPORT 2021-2022 I 19

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