It’s war, but how low can they go?
The company has operated in Melbourne since it was founded by Wally Allsep in 1934, serving literally generations of Australian kids.
Now that long history has a cloudy future. Earlier this year almost the entire range of bagged Allsep’s lollies supplied to Woolworths was replaced by Chinese imports. And Allsep’s is still dealing with the loss of one of its biggest customers.
Terry Allsep, the company secretary, explains how the contract was lost. ”We would not go down to the price they were demanding,” he says. ”They claimed they could get it cheaper offshore.” And they did. Sydney Morning Herald – Read more…