China – Page 8 – Beautifaire

10 Sep

L’Oréal’s China Fund Makes First Investment in Chinese Fragrance

SHANGHAI — L’Oréal’s China Fund, Shanghai Meicifang Investment, has taken a minority stake in Chinese fragrance brand Documents. That is Meicifang’s first investment within the China market. Meicifang’s minority stake marks the closing of Documents’ Series A round investment of greater than $10 million renminbi, or $1.4 million. Cathay Capital’s Consumer Co-Creation Fund also led this round of investment. The news was unveiled during Shanghai May 5 Shopping Festival’s Global Recent Products Debut Season event today, in keeping with local media reports. “Documents just isn't only an emerging pioneer within the Chinese high-end personalized beauty market, but in addition a Chinese fragrance brand popular amongst young Chinese shoppers for its signature oriental aesthetics,” Fabrice Megarbane, president of L’Oréal North Asia and CEO of L’Oréal...

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4 Sep

Supply Chain Strain, Altered Shopper Habit Evolve China Beauty

by Beautifaire101

Beauty, Featured

Supply Chain Strain, Altered Shopper Habit Evolve China Beauty

SHANGHAI — Shanghai‘s prolonged COVID-19-related lockdowns in April forced beauty brands to halt production for a minimum of a month, sending shockwaves through the industry. “Supply chain capability was a much larger differentiating factor than the primary time around,” said Melinda Hu, senior analyst at Bernstein. “Shanghai was negatively impacted on countrywide sales, each online and offline.” With warehouses near Shanghai, Estée Lauder and Shiseido “had severely restricted their distribution operations,” said Hu. “Nevertheless, for L’Oréal, which had a broader set of distribution assets across the country, the impact was less severe. “Domestic brands with headquarters in Shanghai, similar to Shanghai Jahwa, Jala Group, Shanghai Chicmax and Percaline saw significant declines. With the lifting of the lockdown in Shanghai, we expect to see...

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3 Sep

Jessica Alba’s The Honest Co. Launches In China on

by Beauty Tips

Beauty, Featured

Jessica Alba’s The Honest Co. Launches In China on

Jessica Alba’s The Honest Co. has entered China. The corporate has teamed up with global growth partner SuperOrdinary to launch on Tmall, China’s leading e-commerce platform owned by Alibaba. “Beauty enthusiasts in China are searching for out effective, clean beauty formulations and are desirous to integrate them into their each day routines, so it’s a natural home for Honest Beauty,” said Nick Vlahos, chief executive officer of Honest. “We consider that this latest partnership will set the inspiration for our future global expansion.” The move comes fresh off the heels of the corporate’s July launch on Walmart’s website, which shall be followed by an in-store rollout this fall. Also in July, the corporate’s Honest Beauty landed in Ulta Beauty stores nationwide as a part...

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28 Aug

China Insight: The Challenges and Opportunities of the ‘Dual

by Beautifaire101

Fashion

China Insight: The Challenges and Opportunities of the ‘Dual

Within the third 12 months of China’s dual circulation strategy geared toward prioritizing domestic consumption while remaining open to international investment and trade, the style consumer market is facing a serious test resulting from the zero-COVID-19 policy and other pressures. In the primary half of 2022, the style hubs of Beijing, Shanghai, Guangzhou and Shenzhen were disrupted by the pandemic to various degrees, severely disrupting local travel and demand, which had been seen because the driving force behind the policy, although the tourist center of Hainan performed higher. In accordance with economic data released by the National Bureau of Statistics of China earlier this month, the country’s major economic indicators in July generally fell in comparison with the month before, meaning...

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