Retail channel

From January 21 to January 30, ten days before New Year's Eve, Yonghui's omni-channel sales increased by nearly 15% compared with the same period last year.

Sephora recently announced Marc Abergel as the global chief digital officer. According to the data, Marc Abergel has worked in brands such as Apple, Tencent, Deloitte Digital and Lego Group, and has extensive experience in related fields.

According to Bloomberg, MINISO is working with Bank of America and UBS on a possible stock sale, which is expected to list in Hong Kong in 2022 and is expected to raise hundreds of millions of dollars.

Brand and Industry

A few days ago, CITIC Securities released the "Report on Guangzhou Uniasia Cosmetics Technology Co., Ltd.'s Initial Public Offering of Stocks and Listing Guidance and Filing", officially announcing that Uniasia will rush for an IPO.

A few days ago, statistics released by the General Administration of Customs showed that from January to December 2021, my country's total imports of beauty cosmetics and toiletries were 473,800 tons, a year-on-year increase of 5.2%, and the total import value was 161.296 billion yuan, a year-on-year increase of 15.2%.

The fragrance brand Atelier Cologne may withdraw from the North American market. The offline store and official website of the brand in the United States will be closed in mid-March, and it is currently being cleared at a 40% discount.

According to the big data of Beauty Cultivation, from January 1 to February 18, 2022, the State Drug Administration had a total of 13,999 domestic cosmetics filing data, a decrease of 41,979 compared with 55,978 new product filing data in the same period in 2021.

Recently, the cutting-edge skin care brand UNISKIN has been revealed to have completed the B round of financing of over 100 million yuan. At this time, it has only been 6 months since it completed the A round of financing of 100 million yuan.

On February 22, Dewy Lab, a pure beauty brand, announced that it had completed a Pre-A round of financing of tens of millions of dollars, led by Huachuang Capital, and followed by Xiaohongshu. This is also the first cosmetics invested by Xiaohongshu brand.

Recently, HERA, a high-end brand under Amorepacific Group, has been withdrawn from online counters, and the WeChat mall has been closed at the same time. However, the brand has not withdrawn from the Chinese market, and the Tmall store will operate normally in the future.

Recently, the digital brand marketing management group "Seshang SDG" has completed the A+ round of financing and received 100 million yuan.

Electronic business platform

In 2021, the two first-level categories of cosmetics on the Alibaba platform”beauty/skin/care/body/essentialoils”and“makeup/perfume/beauty tools” have a total turnover of 271.7 billion yuan. After multiple reviews, the turnover of the two major first-level categories of cosmetics on the Ali platform in 2020 was revised to 252.36 billion yuan.

On Valentine's Day, February 14, the turnover of Tmall Beauty, skin care, make-up, and beauty and body equipment exploded exponentially, with a year-on-year growth rate of more than 300% in many categories. Among them, the growth rate of lip essence exceeded 5 times, sunscreen spray, makeup setting The growth rate of spray is nearly 4 times, and the growth rate of facial care kits, facial essences, facial masks, facial cleansers, and hair removal devices is all over 200%.

Recently, WeChat users have been able to directly open the Taobao product link in the WeChat dialog box. After clicking, they can directly jump to the Taobao product page, which is basically the same as the Taobao App product page. You can also use the "shopping cart" function and click "Buy Now". "After that, you need to log in to your Taobao account, and you can directly place an order on WeChat to buy, but only supports Alipay payment.

Recently, the Youzan Wechat Mall applet announced that the promotion function has been upgraded again. According to reports, merchants can promote WeChat mini-programs to Toutiao, TikTok and other platforms through mini-program links.

According to reports, e-commerce service provider Maiwei Network has recently completed the A round and A+ round of financing of nearly 100 million yuan, of which the A round investor is GF Xinde, and the A+ round investor is Zhiming Capital.

On February 22, Kuaishou E-commerce announced that from 00:00:00 on March 1, 2022, Taobao Alliance product links will not be able to publish products and products in the Kuaishou live broadcast shopping cart, short video shopping cart, business details page, etc. Service links; JD.com product links will not be able to post product and service links in the Kuaishou live broadcast room, but can post product and service links in short video shopping carts, business detail pages, etc. 

International Group

According to the financial report released by the French L'Oreal Group recently, the group's sales in 2021 will reach 32.28 billion euros, an increase of 16.1% over the previous year; operating profit will reach 6.16 billion euros, an increase of 18.3% over the previous year.

Beiersdorf completed the acquisition of Chantecaille on February 2, 2022.

Recently, Henkel announced that it will acquire Shiseido's professional hairdressing business in the Asia-Pacific region. The acquisition includes core brands such as Sublimic and Primience under Shiseido Professional.

Consumer goods giant Unilever announced its 2021 fiscal year performance data. Revenue increased by 4.5% year-on-year to 52.4 billion euros, the fastest growth in nearly nine years, and operating profit also rose by 2.9% to 9.6 billion euros. During the reporting period, the group's beauty business performed strongly, up 3.8% year-on-year to 21.9 billion euros, with 3% of the increase coming from product price increases and 0.8% coming from sales growth.

On February 9, Amorepacific released its fourth quarter and full-year financial report data for 2021. According to the report, sales in the fourth quarter of 2021 reached 7.046 billion yuan, an increase of 14.5%, and domestic sales accounted for 60.3%. Among them, the sales of cosmetics business was 3.669 billion yuan, an increase of 31.1%; the net loss in the fourth quarter was 289 million yuan, a slight improvement compared to the net loss of 313 million yuan in the same period last year. 2. The total sales of Amorepacific Group in 2021 will increase by 9.7% to 25.892 billion yuan; the annual operating profit will increase by 140.1% to 1.828 billion yuan; the annual net profit will reach 963 million yuan, an increase of 727%.

On February 8, the Coty Group released its results for the second quarter of fiscal 2022, which ended on December 31, 2021. The report shows that 1. In the second quarter, Coty’s net income was US$1.5782 billion (approximately RMB 10.042 billion), a year-on-year increase of 12%. 2. In the first half of fiscal year 2022, Coty’s net income was US$2.9499 billion (approximately RMB 18.771 billion), a year-on-year increase of 16%.

Recently, South Korean beauty group LG Life and Health released its fourth quarter and full-year financial results for 2021. 1. In the fourth quarter of 2021, sales were 11.87 billion yuan, down 3.4% year-on-year, and operating profit was 1.28 billion yuan, down 5.9% year-on-year. 2. Annual sales reached 43.054 billion yuan, a year-on-year increase of 3.1%; operating profit increased by 5.6% to 6.862 billion yuan; net income increased by 5.9% to 4.582 billion yuan. Sales and operating profit hit record highs for the 17th consecutive year.

Shiseido Group's 2021 financial report shows that in 2021, Shiseido's sales will be 57.053 billion yuan, a year-on-year increase of 12.4%; operating profit will be 2.502 billion yuan, a year-on-year increase of 203%.

Kao Group’s net sales for fiscal year 2021 (January 1, 2021 to December 31, 2021) increased by 2.7% to 1,418.8 billion yen (approximately RMB 78.117 billion); operating net profit was 111.4 billion yen (approximately RMB 6.133 billion), a year-on-year decrease of 13%.

On February 14, Japan's Kose Group (Kose) announced the financial report data for the December 2021 period (April 1, 2021 to December 31, 2021). During the period, sales were 12.434 billion yuan, a year-on-year increase of 4.8%; operating profit was 1.042 billion yuan, a year-on-year increase of 14.1%; net profit attributable to shareholders of the parent company was 737 million yuan, a year-on-year decrease of 4.4%.

The Estee Lauder Group announced its financial report for the second quarter of fiscal 2022. The financial report shows that Estee Lauder’s Q2 net sales increased by 14% year-on-year to $5.539 billion; net profit increased by 24% year-on-year to $1.09 billion; diluted earnings per share were $2.97, compared with the previous year. It was $2.37 in the same period.

Tax free news

From January 31 to February 6, the total sales of the 10 duty-free shops in Hainan's outlying islands were 2.131 billion yuan, a year-on-year increase of 151%. Among them, the tax-free sales amounted to 1.944 billion yuan, a year-on-year increase of 156%; the number of duty-free shoppers was 301,800, a year-on-year increase of 138%; the number of duty-free items purchased was 1,815,800, a year-on-year increase of 157%.

According to statistics provided by the Hainan Provincial Department of Commerce on February 14, since the beginning of this year, the sales of duty-free shops in the outlying islands of Hainan have reached about 10 billion yuan, a substantial increase over the same period of last year. The average daily sales since February has exceeded 300 million yuan.