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    Image Credit: franckreporter
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Counterfeiting can cause lost revenue. Worse, if the counterfeit causes health issues, it can result in serious brand damage. The good news is there are many different solutions to help manufacturers protect their brands.

The ideal solution will depend on where the brand has an issue (i.e., supply chain issue or in the market with lookalikes). Simple solutions include security labels, UV ink, RFID and tamper-evident packaging.

However, if the brand needs end customers to be sure of product authenticity, then an encrypted QR code is a great solution. QR codes are ideal because consumers know what to do with them, so manufacturers don’t need to spend marketing funds explaining them. They’re also easily accessible via smartphones and social networking sites; ideal because consumers don’t want to download specific apps for each brand they buy.

In this video, Matthews Australasia's Matt Nichol tells us more:

For more on the security aspects of QR symbology, including where and how data is encrypted, stored and accessed, along with their other benefits such as connecting directly with the consumer for additional marketing messages and receiving feedback, visit Matthews on stand N23 at foodpro.

Get the full story: learn more about serialisation’s benefits here and then what you need to know to implement it.

 

 

Food & Drink Business

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.

International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).

Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.