Dynamics of cosmetic chain stores and imported high-end supermarkets
On June 11, the cosmetics chain store LADIES MAKEUP opened a new store in Baolong Plaza, Wenling, Zhejiang. This is also the 26th store. It is reported that the new Wenling store is currently the newest style and most complete brand of all the celebrity makeup stores, and it is also a focus of franchisees' visits and inspections after the recent opening of franchise.
Sa Sa International recently issued an announcement stating that:
1. For the year ended March 31, 2021, it achieved a turnover of HK$3.043 billion, a year-on-year decrease of 46.77%, a loss attributable to shareholders of HK$351 million, a year-on-year decrease of 31.90%, and a basic loss per share of 11.3 HK cents.
2. It is reported that as of March 31, 2021, the total number of Sa Sa's retail stores in the Hong Kong and Macao SAR market in China has been reduced from 118 at the peak two years ago to 100. If compared with last year, there will be a net decrease of 12 stores.
On June 16, Hema announced that X Member Store has taken the first step in its national layout. Starting on June 18, two new stores in Beijing and Shanghai will open one after another. This is the first Hema X member store in Beijing.
On June 6th, on the black cat complaint, a large number of complaints against Yonghui Supermarket (601933.SH) online shopping platform Yonghui Life APP suddenly emerged, referring to the launch of Yonghui Life APP on June 5 10,000 people who purchase wine for 999 yuan or more will get 1499 yuan to purchase Feitian Moutai."
Brand and industry related dynamics
*On the evening of June 14, Shiseido's Issey Miyake perfume appeared in Li Jiaqi's live broadcast room.
*On June 9th, the “ theme month marketing campaign”which was jointly launched by Dr. Irene and H.E.A.T Xiran officially kicked off.
*The skin care brand "AOEO" has received more than 100 million yuan in Series A financing.
*Recently, Faculty, a foreign men's beauty startup brand, announced that it has received US$3 million from a seed round led by the world-renowned Esteé Lauder Group.
*Statistics show that the Chinese men's cosmetics market has grown rapidly at an average annual rate of 7.7% in the past four years, and the market size was estimated to reach 16.7 billion yuan last year.
*Recently, Perfect Diary ranked No. 2 in sales of cosmetics in the Southeast Asian market at the MEGA Shopping Festival, and ranked No. 1 in “Superbrand day” in Vietnam market.
*Data show that in 2020, the application of facial masks will increase by 288% year-on-year, and the turnover has been close to half of that of patch facial masks.
International Group News
On June 10, Procter & Gamble's Chief Financial Officer Andre Schulten stated at the meeting that as freight and bulk commodity costs far exceeded expectations, in order to ensure profitability, branded products including SK-II may increase prices again.
According to sources, Unilever will acquire the skin care brand Paula's Choice from TA Associates. The transaction is expected to be completed in the third quarter of this year.
A few days ago, JD International and Amorepacific held a 2021 strategic cooperation signing ceremony. The two parties will deepen cooperation in many aspects such as new brand and new product cooperation, C2M customization, and star talent projects.
At the same time, JD International will introduce a new product line for brands such as Sulwhasoo and Laneige that have been cooperating with Amorepacific.
Logistics and e-commerce platform dynamics
According to the information on the website of the China Securities Regulatory Commission, SF Express plans to spin off “SF cityrush” to go public in Hong Kong, and the China Securities Regulatory Commission has received the materials.
"JD Logistics" WeChat public account said on June 12 that the North China Warehouse and Distribution Center jointly built by JD Logistics and the new lifestyle e-commerce company Xiaomi Youpin officially opened its warehouses in Wuqing District, Tianjin.
On June 16, Suning.com issued an announcement stating that it had received a notice from the company’s actual controller and controlling shareholder Mr. Zhang Jindong and shareholder Suning Appliance Group Co., Ltd. that it was planning a major event involving the transfer of the company’s shares.
On June 10, at the Cainiao 2021 Global Smart Logistics Summit, Cainiao CEO Wan Lin and Hainan International Economic Development Bureau Director Han Shengjian jointly announced that they will jointly build a global digital intelligence supply chain demonstration zone in Hainan.