Skip to main content

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

Guest Supply Asia Announces Licensing Agreement with HAAN for Hotel Personal Care Products Across Asia Pacific

Guest Supply Asia partners with HAAN to distribute eco-friendly, refillable personal care products for hotels in the Asia Pacific.

Quiver AI Summary

Guest Supply Asia has announced a licensing agreement with HAAN to manufacture and distribute HAAN-branded personal care products specifically for hotels in the Asia Pacific region. This partnership merges HAAN's focus on refillable, travel-friendly personal care items with Guest Supply's extensive experience in product development and distribution for the hospitality sector. HAAN products emphasize natural, vegan ingredients and aim to minimize plastic waste through their refillable systems, while also supporting clean water initiatives with a portion of profits. The collaboration will allow for localized product adaptations to meet regional hotel needs, enhance distribution efficiency, and improve service levels for hospitality customers, as HAAN products are already available in over 50 countries.

Potential Positives

  • Announcement of a licensing agreement with HAAN to manufacture and distribute HAAN-branded personal care products enhances Guest Supply's portfolio in the hospitality market.
  • The partnership emphasizes sustainable practices, including refillable systems and clean, vegan ingredients, which align with increasing customer demand for environmentally friendly products.
  • Allows Guest Supply to leverage HAAN's established brand recognition and distribution networks, accelerating market penetration in the Asia-Pacific region.
  • Combines Guest Supply's extensive distribution capabilities with HAAN's innovative product offerings, potentially leading to increased revenue opportunities in the hospitality sector.

Potential Negatives

  • This partnership requires significant operational adaptation to local markets, which may strain resources and lead to challenges in execution.
  • The reliance on HAAN's brand reputation may pose risks if HAAN encounters issues related to product quality or public perception.
  • The competitive nature of the personal care market in Asia Pacific could hinder the anticipated growth and market penetration of HAAN-branded products.

FAQ

What is the new partnership between Guest Supply Asia and HAAN?

Guest Supply Asia has signed a licensing agreement with HAAN to manufacture and distribute HAAN-branded personal care products for hotels in Asia Pacific.

How do HAAN products promote sustainability?

HAAN focuses on refillable systems and clean, natural, and vegan ingredients to reduce single-use plastic waste and supports clean-water initiatives.

What benefits will hotels receive from this partnership?

The partnership provides hospitality customers with easier access to premium, operationally ready products and improved brand execution and supply chain support.

Where are HAAN products available?

HAAN products are currently sold in over 50 countries through various retail channels, including beauty chains and travel retail locations.

What is Guest Supply's experience in the hospitality industry?

Guest Supply has over 40 years of experience in hospitality supplies, serving major hotel chains and independent properties globally.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


EARLY ACCESS
Receive SYY Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →

$SYY Insider Trading Activity

SYY Insider Trades

$SYY insiders have traded $SYY stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SYY stock by insiders over the last 6 months:

  • JOHN M HINSHAW purchased 13,304 shares for an estimated $1,000,035
  • RONALD L PHILLIPS (EVP and CHRO) sold 5,601 shares for an estimated $453,681
  • SHEILA TALTON sold 2,801 shares for an estimated $232,454

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$SYY Revenue

SYY Quarterly Revenue

$SYY had revenues of $20.5B in Q3 2026. This is an increase of 4.7% from the same period in the prior year.

You can track SYY financials on Quiver Quantitative's SYY stock page.

You can access data on SYY stock through the Quiver Quantitative API.

$SYY Hedge Fund Activity

We have seen 633 institutional investors add shares of $SYY stock to their portfolio, and 647 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SYY Analyst Ratings

Wall Street analysts have issued reports on $SYY in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Jefferies issued a "Buy" rating on 01/28/2026
  • JP Morgan issued a "Overweight" rating on 01/28/2026
  • Wells Fargo issued a "Overweight" rating on 01/28/2026
  • Barclays issued a "Overweight" rating on 01/28/2026

To track analyst ratings and price targets for $SYY, check out Quiver Quantitative's $SYY forecast page.

$SYY Price Targets

Multiple analysts have issued price targets for $SYY recently. We have seen 11 analysts offer price targets for $SYY in the last 6 months, with a median target of $87.0.

Here are some recent targets:

  • Karen Holthouse from Citigroup set a target price of $80.0 on 04/29/2026
  • Danilo Gargiulo from Bernstein set a target price of $85.0 on 04/29/2026
  • Jeffrey Bernstein from Barclays set a target price of $86.0 on 04/29/2026
  • Brian Mullan from Piper Sandler set a target price of $77.0 on 04/07/2026
  • John Heinbockel from Guggenheim set a target price of $90.0 on 04/02/2026
  • Mark Carden from UBS set a target price of $90.0 on 04/02/2026
  • Edward Kelly from Wells Fargo set a target price of $100.0 on 02/19/2026

Full Release

HONG KONG, July 02, 2026 (GLOBE NEWSWIRE) -- Guest Supply Asia today announced a licensing agreement with HAAN to manufacture and distribute HAAN-branded personal care products for hotels across Asia Pacific.

The agreement combines HAAN’s design-led, refillable approach to personal care with Guest Supply’s product development, manufacturing, distribution and service capabilities for hotel operators. It will give hospitality customers easier access to premium, operationally ready products.

HAAN is a travel-centric personal care brand known for practical, portable products designed for life on the go. Its formulas emphasize clean, natural and vegan ingredients, while its refillable systems are intended to help reduce single-use plastic waste. The brand also supports clean-water initiatives by directing a share of profits toward underground water wells in developing communities.

“This partnership is a strong fit for the hospitality market in Asia Pacific,” said Gustaf Lantz, senior vice president, EMEA and APAC regions, Guest Supply. “It combines HAAN’s modern, refillable design and clean formulations with Gilchrist & Soames’ expertise in developing and manufacturing high-quality amenities and Guest Supply’s ability to distribute at scale across the region.”

Under the agreement, Guest Supply will work with HAAN to localize product formats and operational requirements for the Asia-Pacific hospitality market, supporting consistent brand execution, dependable supply and streamlined ordering for hotel partners.

HAAN products are already available in more than 50 countries through thousands of points of sale, including concept and department stores, beauty chains and select travel retail locations. The new APAC licensing partnership is intended to accelerate availability and service levels for hospitality customers across the region.

About Guest Supply

With more than 40 years of experience, Guest Supply is a leader in hospitality supplies, serving major hotel chains and independent properties. As part of Sysco Corporation, it provides product development, manufacturing, distribution and service support.

About HAAN

HAAN is a Barcelona-born personal care brand dedicated to enriching everyday journeys with design-led, travel-ready products built around clean, vegan formulas and refillable systems.

Media Contact: Ramit Plushnick-Masti

media@sysco.com

Website: www.guestsupply.com.hk

SYY-NEWS


Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Sysco Corporation (SYY)