Live Verdure Ltd (AU:LV1) has released an update.
Live Verdure Ltd reported a positive fiscal quarter with a 7% revenue increase in their Edible Beauty brand and a 26% rise in overall e-commerce revenue compared to the previous corresponding period. The company also highlighted the successful integration of AI technology from their R&D entity, Decidr.ai, to streamline operations and reduce costs. Despite challenging wholesale environments, new marketing strategies and international expansions are underway, particularly with a new retail partnership in Texas.
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