Globavend Holdings Soars 28.57% on Strategic Beauty Partnership

On June 30, 2025, Globavend Holdings surged 28.57% in pre-market trading, marking a significant rise in its stock price.

Globavend Holdings has announced a strategic partnership with Strawberrynet, a leading global online beauty retailer, to target Australia's $8.7 billion cosmetics and beauty market. This collaboration aims to enhance the accessibility of premium beauty products for Australian consumers while expanding Globavend's e-commerce logistics presence. The partnership leverages Globavend's advanced logistics infrastructure across Hong Kong, Australia, and New Zealand, with specialized capabilities in handling dangerous goods shipping for beauty products. This move positions both companies to capitalize on the growing demand for international beauty brands in the Australian market.

The partnership is strategically timed, as Australia's online retail sector grew by 12% in 2024, with beauty products showing a 13.4% increase. Globavend will provide comprehensive logistics services, including secured airfreight capacity, returns management, live customer support, and end-to-end parcel tracking. These value-added offerings extend beyond basic logistics, potentially commanding premium pricing and improving margins. The collaboration suggests a relatively low-risk, high-potential-reward arrangement for Globavend, leveraging existing infrastructure rather than requiring significant capital expenditure, while gaining consistent volume from Strawberrynet's established customer base. This could serve as a beachhead into the broader Australian e-commerce market, demonstrating Globavend's specialized logistics capabilities to other potential partners.