Retail Platform
On November 27, the “Sankeng” large-scale collection store brand “Poetry and Wanhuajing” announced that it had received tens of millions of yuan in Pre-A round financing. The lead investor was Zhongwei Capital, and Shunwei Capital joined the investment.
The retail SaaS platform "Dian+" has recently received tens of millions of yuan in A+ round of financing. The investor is Jushuitan. This round of financing will be used for product research and development, the establishment of direct service offices, and the deployment of national service systems.
It is reported that Sanfu Department Store will vigorously expand the share of beauty in stores, and expand the store area from 60-120 square meters to 100-200 square meters, and achieve greater development through the multi-brand operation model.
On December 15, according to the official website of Watsons Group, Watsons Group has developed artificial intelligence technology to enhance its O+O (offline and online) customer experience.
Recently, CocokaraFine (Shanghai) Trading Co., Ltd. issued a store closure announcement. The official letter shows that due to the impact of the epidemic, CocokaraFine’s business in Japan and China has suffered heavy losses, and its performance has shown losses, so it has decided to completely withdraw from the Chinese market.
Authoritative Release
On December 1, the State Food and Drug Administration announced the announcement of the release of the children's cosmetics logo (No. 143 of 2021), and the name of the children's cosmetics logo is "Little Golden Shield".
Recently, the State Drug Administration has added another filing information, and the new raw material "Sodium Lauroylmethyl Isethionate" "006" that can be used for cleaning cosmetics has been successfully filed.
On December 20, the Guangdong Provincial Drug Administration issued a notice on matters related to cosmetic production licenses.
From January 1, 2022, Guangdong Province will use a new version of the "Cosmetics Production License". The previously obtained "Cosmetics Production License" will continue to be valid within the validity period. Enterprises that meet the production conditions for children's skin care and eye skin care cosmetics and the new version of the "Cosmetics Production License" should be replaced before July 1, 2022.
On December 20, it was reported that the General Administration of Customs decided to cancel the filing of domestic consignees of imported cosmetics, which will be implemented from January 1, 2022.
On December 30, the website of the State Food and Drug Administration issued the "Announcement on Trial Implementation of Electronic Cosmetics Registration Certificate". For new cosmetic raw materials, an electronic registration certificate will be issued after being approved for registration. From May 1, 2022, if special cosmetics apply for the change, renewal and approval of the registration certificate in accordance with the new regulations, an electronic registration certificate will be issued.
On December 30, the State Food and Drug Administration issued the "Notice on the Launch of the Cosmetic Raw Material Safety Information Registration Platform", which clearly stated that from 9:00 a.m. on December 31, 2021, cosmetic raw material manufacturers or their authorized enterprises can log on to the platform to report. Send material safety related information.
Brand News
The cutting-edge skin care brand "UNISKIN" has completed the B round of financing with a scale of over 100 million yuan. This round of financing was co-invested by MSA Capital and VMS Group.
It is reported that as of 2021, Pien Tze Huang Cosmetics will add about 1,500 new outlets in 2021. Next year, we will continue to enrich terminal outlets, focus on expanding large chain and supermarket channels, and strengthen the construction of single-brand stores.
Recently, L'Occitane released its interim financial report for the 2022 fiscal year. The report shows that the interim net sales were 696 million euros (about 5.02 billion yuan), a year-on-year increase of 12.9%; gross profit was 554 million euros (about 3.99 billion yuan), a year-on-year increase of 9.6%; net profit was 60.6 million euros (about 437 million yuan), a year-on-year increase of 262%.
On December 3, Tongling Jieya Biotechnology Co., Ltd. was listed on the Shenzhen Stock Exchange in the form of cloud live broadcast, and the stock code is "301108".
Pierre Fabre, the parent company of French cosmeceutical brand Avène, recently announced that its investment subsidiary Pierre Fabre Invest has acquired a majority stake in French natural skin care brand Ladrôme.
Recently, it is reported that the total retail sales of cosmetics in my country in November was 57.1 billion yuan, an increase of 8.2% year-on-year and an increase of 84.19% month-on-month; the total retail sales of cosmetics from January to November was 367.8 billion yuan, an increase of 15.3% year-on-year.
Recently, DTC pure skin care brand Facetheory has completed a round of financing of 10 million pounds (about 84 million yuan), and the investor is Active Partners.
On December 21, Beiersdorf's official website announced that the company has acquired Chantecaille Beaute Inc., a leading beauty company in the United States.
Oral care products manufacturer Haolai Group's national oral care brand "Black Toothpaste" will officially use the company's founding Chinese name "Haolai". It is reported that the full line of oral care products with the new brand logo will be launched on the market around March 2022.
According to reports, in 2021, BIOHYALUX officially opened a new era of 1 billion technology skin care, and it is also the first brand of Bloomage Bio Group to enter the 1 billion level.
On December 25, the first cabinet of the functional skin care brand Winona National Department Store was officially opened in Hangzhou West Lake Intime Department Store.
On December 22, Guangzhou Chuang’er Biotechnology Co., Ltd. announced that it plans to voluntarily withdraw its application for an initial public offering and listing on the Science and Technology Innovation Board because its annual revenue cannot meet relevant regulations.
Recently, the China Securities Regulatory Commission approved the application of Guangdong Bawei Biotechnology Co., Ltd. for the second directional issuance of shares this year.
Logistics and e-commerce platform
On November 27, the cross-border e-commerce platform Shopify announced on its official website that sales during Black Friday in 2021 will be close to $2.9 billion, an increase of 21% over the same period in 2020.
Pinduoduo released its financial report for the third quarter of 2021. According to the financial report, Pinduoduo’s revenue in the third quarter was 21.51 billion yuan, a year-on-year increase of 51%, and the market expected 26.474 billion yuan.
SF Express announced on the Hong Kong Stock Exchange that it plans to issue 131 million H shares through a Hong Kong IPO, which is expected to be listed on the Hong Kong Stock Exchange on December 14, 2021.
According to Bloomberg, the company behind TikTok, is preparing to launch its first standalone e-commerce app in China. It is reported that the app is called "TikTok Box" and is being tested.
Bilibili plans to launch the "little yellow car" function that can live broadcast and bring goods in the live broadcast rooms of some anchors. At present, the first batch of investment promotion work has been basically completed. Bilibili will give flow date support to the anchors who are the first to try live streaming.
Best Group announced that it has completed the transfer of its domestic express delivery business to J&T Jitu Express. According to the final agreement signed by the two parties on October 29, the business was transferred at a price of about 6.8 billion yuan.
Big Group Dynamics
Orveon, a newly formed subsidiary of private equity investor Advent, has acquired three iconic cosmetic brands bareMinerals, BUXOM and Laura Mercier from Shiseido Americas, the U.S. subsidiary of Shiseido Group.
On December 3, Procter & Gamble announced that it had completed the signing of the acquisition agreement for the OUAI brand.
Swiss food giant Nestle announced on Tuesday that it will reduce its stake in L'Oreal, the world's largest beauty group, and sell 22.26 million L'Oreal shares at a price of 400 euros per share, involving a capital of about 8.9 billion euros.
Kao Group responded to Jiemian Fashion in response to the rumor that its makeup brand KATE had withdrawn from the Chinese market, saying that the KATE brand had no plans to withdraw from the Chinese market.
On the 17th local time, Procter & Gamble issued an announcement saying that due to the detection of the carcinogen benzene, it is voluntarily recalling a variety of spray-type cleaning products of four brands including Pantene produced in the United States.
Amorepacific Group plans to reduce the nearly 800 stores opened by its brands in China to about 140, and will invest more resources in online channels and mid-to-high-end brands in the future.
Tax free news
Recently, the import and export management system of "first-line liberalization and second-line control" piloted in the Yangpu Bonded Port Area of Hainan Free Trade Port will be expanded to the Haikou Comprehensive Bonded Zone and the Haikou Airport Comprehensive Bonded Zone.
Recently, Hainan Province issued the "Guiding Opinions on Promoting the Healthy Development of Hainan's Cross-border E-commerce Compliance Management", which put forward seven opinions from four aspects: adherence to tolerance and prudence, fostering market development, innovating service methods, and strictly adhering to the bottom line of supervision to promote cross-border e-commerce. E-commerce develops in a healthy and orderly manner.
China CDFG announced that it has decided to suspend the process of this H-share issuance and listing, and the follow-up arrangements will be determined according to market conditions.
China CDFG announced that the acquisition of 100% of the equity of Hong Kong China Travel Assets Co., Ltd. held by a wholly-owned subsidiary of the controlling shareholder, with a transaction amount of 126 million yuan.