Chinese – Page 2 – Beautifaire

28 Nov

Shiseido Stock Plummets On account of Chinese Consumer Pullback

PARIS — Shiseido stock closed down at a 16-year low in Tokyo on Monday after the corporate reduced its profit guidance for 2023 on the back of a weakness in China and travel retail within the third quarter. The Japanese beauty giant’s stock ended the day Monday at minus 14.3 percent, at 4,185 yen, or $27.57. The corporate on Friday released third-quarter results, citing negative growth within the three months to Sept. 30. That was especially as a consequence of consumer pullback on Japanese products in China and travel retail due to Japan’s release of treated water into the Pacific Ocean. This summer, Japan began a controversial discharge of treated waste water from the disabled Fukushima Daiichi Nuclear Power Station. Japan has maintained...

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22 Sep

L’Oréal to Make Investment in Chinese Biotech Company –

by Beautifaire101

Beauty, Featured

L’Oréal to Make Investment in Chinese Biotech Company –

PARIS – L’Oréal has agreed to take a minority stake in Shinehigh Innovation, a Chinese innovation-led biotech company specializing in supramolecular chemistry. This marks the primary open innovation investment the wonder giant has made through Shanghai Meicifang Investment Co. Ltd., L’Oréal China’s investment company, with support from Business Opportunities for L’Oréal Development, or BOLD, which is the group’s strategic innovation enterprise capital fund. It's also the primary investment from L’Oréal’s Big Bang Tech Innovation Challenge, which the corporate launched 4 years ago in China. Scientist Jiaheng Zhang founded Shinehigh Innovation in China in 2017. “Its breakthrough smart self-assembling technology allows previously inconceivable ingredient mixtures, leading to end-products with greater efficacy and sustainability,” L’Oréal said in a press release released Friday. “The partnership will enable L’Oréal...

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18 Jul

S’Young International, a recent Chinese cosmetic giant?

by Beautifaire101

Beauty, Featured

S’Young International, a recent Chinese cosmetic giant?

“Prior to now, S’Young Group was more driven by the twin business of operating self-owned brands and helping foreign brands to raised distribute in China”, says Juliette Duveau, the co-founder of consulting agency The Chinese Pulse. However the group founded in 2018 is not any longer content with its role of distribution partner in China. Last 12 months, S’Young purchased French brands Pier Augé and EviDenS de Beauté. “We can foresee that S’Young will integrate the international channels and R&D techniques of those two French brands, paving the method to the international marketplace for its other self-owned brands in the longer term”, she adds. These equity acquisitions of foreign brands also contribute to upgrading the group’s image, from Middle-Low end to more...

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30 May

ChinaFile: Cannes’ Chinese Carpet Business

by Beauty Tips

Fashion, Featured

ChinaFile: Cannes’ Chinese Carpet Business

Now that China is open, the Cannes red carpet business swung into motion with a mess of Chinese stars, influencers and total unknowns flooding the festival’s famed promenade. Those that aren’t widely known are mostly red carpet lovers somewhat than film fans. Before the pandemic, there was already a healthy business model servicing Chinese influencers who wish to meander down the carpet like stars. They're all dressed and made up, going to varied premieres, then being ushered off the carpet by security for blocking real celebrities. At home, their very own social media is flooded with elegant poses and descriptions of how they spent the night amongst stars. For many who show up on the red carpet with the only real purpose...

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