Retail Channel

Martin Brok, chief executive of Sephora, the international beauty retailer owned by LVMH, will leave on June 30, according to reports. Chris de Lapuente, Chairman and CEO of LVMH Select Retail, will also serve as Sephora's President and CEO.

On June 22, it was rumored that MINISO would seek approval for listing in Hong Kong as soon as Thursday, and would consider launching a Hong Kong listing as soon as next Monday, with plans to raise US$100 million (about 670 million yuan).

On June 15, Meituan Flash announced its cooperation with Muji, which was the first time Muji entered the instant retail platform.

Authoritative Release

According to the information of the State Food and Drug Administration, the name of "Guozhuang original prepared word 20220010" is Dendrobium officinale protostem bulb, the filing company is Dalian Prekang Biotechnology Co., Ltd., the filing date is 2022-05-18, and the purpose of the raw material is anti-wrinkle agent. , Humectant, safe usage amount (maximum allowable concentration of cosmetics) ≤4%.

According to the information platform for the registration of cosmetic raw materials of the State Food and Drug Administration, after the registration of new raw materials was opened, the first registered new raw material No. 001, "N-acetylneuraminic acid", was recently expanded. On the basis of the original moisturizing agent, the new use of Purpose: Anti-wrinkle agent, skin protectant, antioxidant. At the same time, heavy metal indicators and strain numbers have been added.

According to the filing information, the common aliases of N-acetylneuraminic acid are "bird's nest acid", "bird's nest element" and "sialic acid", and the filing person is Wuhan Zhongke Optics Valley Green Biotechnology Co., Ltd.

On June 6, the China Inspection and Quarantine Institute issued the "Notice on Further Clarifying Matters Concerning the Registration and Filing Management of Originally Imported Non-Special Use Cosmetics that have obtained administrative licenses". Notice on matters related to the registration and filing management of the original imported non-special use cosmetics that have obtained administrative licenses.

Recently, the General Administration of Customs decided to adjust the declaration requirements for some imported cosmetics. Mainly include: when the consignee of imported goods and their agents declare cosmetics under the import commodity tax items 3303 and 3304, they should fill in the customs declaration form according to the new regulations. Cosmetics import consumption tax policy is still implemented in accordance with the "Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting the Consumption Tax on Cosmetics Import Links" (Cai Guan [2016] No. 48).

Recently, the "012" cosmetic raw material "Oligopeptide-215" has been filed, and the filing person is Shenzhen Vicky Pharmaceutical R&D Co., Ltd. According to the technical requirements of raw materials, the main purpose of raw materials is skin protectant, which can be used in various skin cosmetics, and the safe usage amount is ≤0.3%. The raw material has entered the monitoring period.

On the afternoon of June 22, the State Administration of Radio and Television and the Ministry of Culture and Tourism jointly issued the "Code of Conduct for Internet Anchors". There are 18 articles in the "Specification", which specify 31 kinds of behaviors that network anchors are not allowed to perform in the process of providing online performances and audio-visual program services.

Brand and Industry

Recently, Runben Biotechnology Co., Ltd. submitted a prospectus to the stock exchange, officially impacting the IPO.

On the evening of May 24, Guangzhou Langqi announced that the company's stock will be suspended for one day on May 25, and will resume trading on May 26, and the delisting risk warning and other risk warnings will be withdrawn. " was changed to "Guangzhou Langqi", and the daily limit of stock price fluctuations was changed from "5%" to "10%".

On May 24, Yixian E-commerce, the parent company of Perfect Diary, released its first-quarter 2022 performance report. According to the announcement, Yixian E-commerce achieved revenue of 891 million yuan in the first quarter, down 38.3% year-on-year. Among them, the skin care business increased by 68.4% year-on-year to 182.7 million yuan, and the net income of color cosmetics fell by 45.6%. The adjusted net loss decreased to 156 million yuan, a year-on-year decrease of 33.6%. In terms of research and development expenses, the research and development expenses in the first quarter were 35.8 million yuan, a year-on-year increase of 29.24%.

The men's makeup brand "Yanzhi" has recently received an angel round of financing of millions of yuan. The investor in this round is Hanpan Ventures.

On May 22, Marubi announced that shareholder L Capital reduced its holdings of 1.72% of the company's shares through a block transaction, and its shareholding ratio dropped to less than 5.

On May 31, the world's two major raw material giants, DSM DSM and Firmenich, announced that they had reached a business combination agreement and jointly established a new company, DSM-Firmenich.

A few days ago, the board of directors of Shenzhen Baixinglong Creative Packaging Co., Ltd. reviewed and approved the "Proposal on the Company's Application for Public Offering of Shares and Listing on the Beijing Stock Exchange".

Recently, Weiyuan Synthetic Biotechnology Co., Ltd. announced the completion of an angel round of financing of nearly 100 million yuan, led by Jingwei Venture Capital, Boyuan Capital, Henan Investment Group Huirong Fund, Xianfeng Evergreen and Zhejiang Hongshi.

Ruo Yuchen recently launched the option incentive plan. In this regard, the Shenzhen Stock Exchange issued an inquiry letter requesting to explain: whether the basis and rationality of the performance assessment objectives of this equity incentive plan can achieve the incentive effect; The company management and other relevant personnel convey benefits in disguised form and damage the interests of the listed company and shareholders.

 On May 26, Jinbo Bio, an innovative company on the New Third Board, passed the listing guidance and acceptance of the Beijing Stock Exchange, and the guidance agency was CITIC Securities.

Hot and sour, sweet and sour, you can eat it if you want." Chongqing Dengkang Oral Care Products Co., Ltd., which produces "Cold Sour Ling" toothpaste, recently announced that it will sprint for A shares and seek listing.

Recently, Hainan Yipin Supply Chain Management Co., Ltd., a wholly-owned subsidiary of Yixian E-commerce, has added new external investment. The investment company is Suzhou Yuexiang Equity Investment Partnership (Limited Partnership). The investment amount has not been announced yet.

According to reports, Shenzhen Sushi Technology Co., Ltd. recently updated the prospectus and continued to promote the listing process on the Growth Enterprise Market, with China Merchants Securities as the sponsor.

 

On the evening of June 6, Zanyu Technology disclosed its asset sale plan. The company plans to transfer 55% of its wholly-owned subsidiary Zhejiang Zanyu Testing Technology Co., Ltd. to Henan Jiedun Testing Technology Co., Ltd. at a price of 74.25 million yuan. After the completion of this transaction, Zanyu Testing will no longer be included in the scope of the listed company's consolidated statements.

French luxury group LVMH has appointed Philippe Farnier as chief executive of travel retail for its beauty division and chief executive of Dior's fragrance business.

Recently, the American personal care group Edgewell announced the launch of the skin care brand "Fieldtrip", which is mainly aimed at millennials and Gen Z consumers. It is expected to be officially launched on June 6.

A few days ago, Suzhou Misifu Cosmetics Co., Ltd. signed an agreement with Soochow Securities and submitted the listing guidance and filing materials of the Beijing Stock Exchange to the Jiangsu Securities Regulatory Bureau. On June 9, Misi Skin announced that the company has entered the stage of listing counseling.

Japan's toothpaste market in 2021 will grow by 2.4% compared to the previous year. Although the growth rate has gradually flattened, the high-end strategies of major manufacturers focusing on consumer pain points have played a role, and the increase in unit price is expanding the market. Compared with 5 years ago, the sub-category of toothpaste, "prevention and treatment of periodontal disease" has always accounted for a larger proportion, and it has been strong all the way. In addition, toothpaste that focuses on "preventing bad breath" and "tooth sensitivity" is also growing substantially.

On June 9, the General Administration of Customs announced the national import and export customs data in May. In May, the country's total import and export value was 3.45 trillion yuan, up 9.6% from the same period last year; the total export value was 1.98 trillion yuan, up 15.3% from the same period last year; the total import value was 1.47 trillion yuan, a year-on-year increase. It rose 2.8% in the same period last year. Among them, the import of beauty cosmetics and toiletries was 38,091.7 tons, a year-on-year decrease of 7.9%; the import value was 12.82 billion yuan, a year-on-year decrease of 4.3%.

On June 15, data released by the National Bureau of Statistics showed that from January to May, the total retail sales of social consumer goods was 17,168.9 billion yuan, a year-on-year decrease of 1.5%. In May, the total retail sales of consumer goods was 3,354.7 billion yuan, a year-on-year decrease of 6.7%. Among them, the retail sales of cosmetics in May was 29.1 billion yuan, down 11% year-on-year. The retail sales of cosmetics from January to May was 147.3 billion yuan, down 5.2% year-on-year.

On June 14, it was reported that the base makeup brand FunnyElves Fangli completed tens of millions of yuan in A round of financing, led by Winona's parent company Bethany Group, followed by Qingrui Ventures.

Recently, MISTINE, a well-known beauty brand in Thailand, has joined forces with Thailand TTM Company, Thailand PTT Global Chemical Company, and Thailand S&J Company to innovatively use recycled plastic resin PCR (post-consumer resin) as an ingredient in cosmetic packaging for the first time in Thailand. Using a special 3-layer plastic recycling technology, reduce the harm of plastic products to the environment.

Recently, the skin care brand The Ordinary is ready to land on Nykaa, an Indian fashion e-commerce company, and launch it in 58 stores in Nykaa.

Recently, the A-share market ushered in the first share of raw materials in 2022. According to the announcement of the Shenzhen Stock Exchange, Kunshan Asia Fragrance Co., Ltd., a raw material supplier of FMCG brands such as Colgate, was listed on the Shenzhen Stock Exchange’s GEM.

The 618 Carnival in 2022 has come to an end, and blank me | Half a minute, as a dark horse in the field of base makeup, has made great achievements on major platforms and won the top 1 Chinese brand of Tmall base makeup. 

According to the Tmall 618 sales report of Lily & Beauty, during the promotion period, the sales volume of multiple brands and stores operated by Lily & Beauty on its behalf exceeded 100 million; at the same time, some brands have doubled their performance during the promotion period, which is larger than that in the past. Promoting a substantial increase in performance and outstanding results.

ecently, Coty and Alipay signed a global travel retail strategic cooperation agreement to deepen digital cooperation. Coty became the first beauty business partner in the world to enter into a global travel retail strategic cooperation with Alipay.

Recently, Guangzhou Laramie Information Technology Co., Ltd.'s "Approval for the Company's Initial Public Offering (A-share Main Board of Shanghai Stock Exchange and Main Board of Shenzhen Stock Exchange, B-share)" has entered the stage of receiving materials. Once the materials are passed, the beauty cross-border agent operator can submit the materials to impact the A-share IPO.

It was reported on June 21 that the domestic high-end skin care brand Lin Qingxuan achieved an omni-channel performance of over 100 million yuan during the 618 period, an increase of more than 34.5% year-on-year. In addition, this year’s Tiktok’s performance reached a 1,000% increase in the same period last year. In the 618 promotion, Lin Qingxuan's camellia oil ranked first in the Tiktok e-commerce hot oil list, and Tmall's facial hot oil top 3.

According to reports, the Hong Kong Security Bureau submitted a document to the Hong Kong Legislative Council last week to list CBD (cannabidiol) in its Dangerous Drugs Ordinance to prevent products containing the substance from circulating in the city.

On June 23, Harbin Fuerjia Technology Co., Ltd. responded to the second round of inquiries from the Shenzhen Stock Exchange and updated its performance data for 2021.

According to the prospectus data, from 2019 to 2021, Fuerjia’s revenue was 1.342 billion yuan, 1.585 billion yuan, and 1.649 billion yuan respectively; the net profit attributable to the parent was 661 million yuan, 648 million yuan, and 805 million yuan respectively.

Electronic business platform 

Kuaishou’s revenue in the first quarter increased by 23.8% year-on-year to 21.1 billion yuan. Online marketing services, live broadcasting and other services (including e-commerce) contributed 53.9%, 37.2% and 8.9% of the revenue respectively. The adjusted net loss in Q1 was 3.72 billion yuan, down 34.1% from 5.65 billion yuan in the same period last year.

Kuaishou e-commerce total transaction volume (GMV) reached 175.1 billion yuan, a year-on-year increase of 47.7%, of which Kuaishou Xiaodian, the self-built e-commerce system, contributed more than 99% of the transaction volume.

The number of users continued to break through record highs. In the first quarter, Kuaishou’s DAU (average daily active users) reached 346 million, a year-on-year increase of 17%, and MAU (average monthly active users) reached 598 million, a year-on-year increase of 15%, and the user retention rate continued to improve.

On May 22, JD.com officially entered Xiaohongshu and will cooperate with Xiaohongshu in the form of official accounts and stores. It is understood that after the opening of the JD International Xiaohongshu store, the first batch of 20 overseas brands have been launched, including SUQQU, BIODERMA, CPB, Charlotte Tilbury, The Ordinay, Eucerin and other popular word-of-mouth brands. Previously, JD.com has entered content platforms such as Douyin, Weibo and Zhihu.

Recently, Vipshop released its financial report for the first quarter of 2022 ended March 31. According to the financial report, the company’s total net revenue in the first quarter was 25.2 billion yuan (about 4 billion U.S. dollars), down 11.3% year-on-year. Net profit attributable to Vipshop shareholders was 1.1 billion yuan ($172.8 million), compared with 1.5 billion yuan a year earlier. Non-GAAP net profit attributable to the parent was 1.4 billion yuan (about 223.8 million U.S. dollars), compared with 1.7 billion yuan in the same period last year.

On May 30, Tiktok e-commerce company issued a notice that due to the stores opened by " ANESSA ", "HLZM" and "DVIP" on the platform, there are a large number of consumer reports of fake goods and after-sales complaints that affect consumers' shopping experience. The problem is that in order to protect the rights and interests of consumers, the platform will prohibit the new merchants of " ANESSA ", "HLZM" and "DVIP" from entering and launching new products of such brands. The control will take effect on May 30, 2022.

On the evening of May 26, Alibaba released its financial results for the fourth quarter and full year of fiscal 2022 ending on March 31, 2022. (Alibaba's fiscal year is not synchronized with the natural year, starting from April 1st each year and ending on March 31st the following year.) The financial report shows that,the company's revenue in the fourth quarter of fiscal 2022 was 204.05 billion yuan, a year-on-year increase of 9%; the net loss attributable to ordinary shareholders was 16.241 billion yuan.

According to the financial report, in fiscal year 2022, Alibaba’s total revenue was RMB 853.062 billion, a year-on-year increase of 19%; the net profit attributable to ordinary shareholders was RMB 61.959 billion, a year-on-year decrease of 59%.

On May 27, Pinduoduo released its financial report for the first quarter of 2022. The total revenue of Pinduoduo in the first quarter was 23.7937 billion yuan, an increase of 7% compared with 22.1671 billion yuan in the same period last year.

Net profit attributable to ordinary shareholders was 2,599.5 million yuan, compared with a net loss of 2,905.4 million yuan in the same period last year. Not in accordance with US GAAP, the net profit attributable to ordinary shareholders was 4.2004 billion yuan, compared with a net loss of 1.8093 billion yuan in the same period last year.

Recently, Tencent is testing a new grass planting project "Penguin Huimai". The grass planting product integrates the attributes of "local, planting, and community". Goose fights".

On June 14, a person familiar with the matter revealed that the advertisements in the circle of friends can directly lead to the Tmall flagship store of the merchant, "If the Tmall App is installed on the mobile phone, it will directly jump to the Tmall flagship store of the brand where the advertisement is placed. Tmall users will directly jump to the store page in the Taobao App.” According to the relevant service provider information, the above advertising scenarios must be delivered through Alimama Uni Desk. However, this delivery path is still in internal testing, and not all brands can participate.

On June 9, Kuaishou E-commerce released the revision announcement on the "Qualification Requirements for the Beauty and Personal Care Cleaning Category", revised the basic qualification requirements, added the "Qualification Standards for Individual Industrial and Commercial Stores" and the management and control requirements for well-known beauty brands. Added/modified some third- and fourth-level categories and qualification requirements. The rule went into effect on June 16.

In the early morning of June 19, JD.com announced the cumulative order amount of 618 this year. The data shows that as of 23:59 on the evening of June 18, the cumulative order amount placed by JD 618 in 2022 exceeded 379.3 billion. Last year's "JD 618, 18th Anniversary" cumulative order amount exceeded 343.8 billion yuan, a slight increase this year.

According to Pinduoduo's 618 data this year, the daily chemical category has doubled year-on-year, and Unilever is the TOP 1; the sales of all beauty categories have increased by 122% year-on-year, and Proyad has the TOP 1 beauty. In addition, in the past year, the annual active users of Pinduoduo's beauty category have increased by more than 200% year-on-year, and have exceeded 300 million so far.

As of June 2022, the number of merchants connected to Youzan Xiaohongshu has increased by more than 10 times, and the transaction volume has increased by 1500%. The cooperation between the two parties has achieved initial results. At present, after accessing the Xiaohongshu applet, merchants can realize a closed-loop transaction in Xiaohongshu.

The data shows that during the 618 shopping festival in 2022 (from 20:00 on May 31 to 24:00 on June 18), the total transaction volume of the entire network (excluding new retail platforms and community group buying platforms) will be 695.9 billion yuan, which is higher than that of the 618 network last year. The total transaction volume was 578.48 billion yuan, a year-on-year increase of 20%.

Judging from the performance of new retail, during the 618 promotion in 2022, new retail sales will reach 22.4 billion yuan, a year-on-year increase of 25% compared with 17.8 billion yuan in 2021. The top three platforms in terms of sales are JD Daojia, Meituan Flash, and Taoxianda. In addition, the community group buying platform has also begun to join the 618 competition. The transaction volume during the 618 promotion period reached 15.3 billion yuan.

On June 22, the Tiktok e-commerce operation team issued the "Announcement on the Prohibition of Advertising in the Live Broadcasting Room of "Three Products and One Equipment" and Veterinary Medicine, which clarified that advertisements in the live broadcast room of products such as beauty and body medical equipment and contact lenses/care solution are prohibited.

International Group

Recently, it is reported that L’Oreal Group plans to acquire Byredo, the top luxury fragrance brand in Sweden. The specific transaction amount has not been disclosed, but the transaction will be based on a valuation of 1 billion euros (about 7.063 billion yuan). If the rumors are true, L'Oreal Group's fragrance matrix has added a new general.

On May 20, BOLD (Business Opportunities for L'Oréal Development), a venture capital fund of L'Oréal Group, announced a minority investment in Japanese beauty startup SPARTY. The specific transaction amount was not disclosed.

Recently, Henkel Group announced its sales results for the first quarter of 2022. During the reporting period, Henkel's sales increased to approximately EUR 5.3 billion (approximately RMB 37.739 billion), with organic sales (that is, adjusted for exchange rates and acquisitions/divestments) increasing by 7.1% and nominal sales increasing by 6.1%.

On May 30, Unilever announced that it had acquired a majority stake in Nutrafol, a supplier of hair care products. Previously, Unilever invested in the brand through its VC Unilever Ventures in 2017 and 2019, and currently holds a minority stake (13.2%) in Nutrafol.

Recently, Unilever announced that it will form a $120 million (about 800 million yuan) joint venture with industrial biotechnology company Genomatica to scale and commercialize alternatives to palm oil and clean components of fossil fuels.

On June 17, according to media reports, India’s Reliance Industries was considering acquiring Revlon. As soon as the news came out, Revlon’s stock price soared 91.28%.

Duty Free News

Yang Wharf recently opened its sixth offline duty-free store in Chongqing Xiexin Xingguang Plaza. The store is jointly invested by Yang Wharf and Xiexin Group. It is the first "image store" of Yang Wharf and commercial real estate joint venture in China. With an area of 300 square meters, it covers high-end cosmetics, red wine, etc. In the future, daily necessities such as mother and baby care products will be added.