The dynamics of large supermarket chains
Liansheng group, a domestic retail enterprise, has started its IPO plan and plans to enter the A-share market in three years.
1. It is reported that Liansheng Supermarket currently has 57 stores and has completed 90% of its annual profit target in January 2021.
2. Jiujiang Liansheng Supermarket currently has more than 3 million members, accounting for more than 70% of the population of Jiujiang City, and the consumption of supermarket members accounts for more than 90%.
3. In Jiujiang, Liansheng supermarket's stored value card is regarded as another kind of unofficial "hard currency".
Authoritative release
On April 9th, the National Medical Products Administration issued three announcements in succession: "Rules for Classification and Classification of Cosmetics", "Specifications for Evaluation of Cosmetic Efficacy Claims" and "Technical Guidelines for Cosmetic Safety Evaluation (2021 Edition)".Standardize and guide the classification of cosmetics, evaluation requirements for efficacy claims, and safety evaluation methods. It is worth noting that the above-mentioned regulations will be formally implemented from May 1, 2021.
International Group News
On April 7, the high-end skin care brand RODIN olio lusso under the Estée Lauder Group announced on its official website that it will stop online operations on April 19.
The Estée Lauder Group has recently announced that it has signed a global memorandum of understanding with material provider Eastman. Its brands will begin to use Eastman molecular recycling technology and Renew resin with a certified recycled content of up to 100% as product packaging. Estee Lauder promised to achieve 75% to 100% packaging recyclability by 2025, and increase the amount of post-consumer recycled materials in packaging by 50%.
Unilever's luxury makeup brand Hourglass revealed that it will launch a disruptive sustainable innovation plan in July this year.
According to people familiar with the matter, the US daily necessities giant Procter & Gamble assisted in the development of a technology to collect iPhone data for targeted advertising, aimed at circumventing Apple's new privacy regulations. Currently, this technology is being tested in China.
Recently, the luxury beauty brand Lancôme (Lancome) under the French L'Oréal Group launched the global sustainable development plan "Caring Together for a Happier Tomorrow", hoping to realize the use of renewable plant and mineral resources by 2030 As the target of raw materials.
Brand and Industry Related News
On April 7, Onion Global Limited, the substantial holding company of Onion Group, filed a prospectus with the US Securities Regulatory Commission (SEC) and plans to list on the New York Stock Exchange. Its stock code is "OG". The IPO underwriters include Huatai Securities and Ross Capital, Tiger Securities.
“Red Capsule” series products from Kans has won “Y2021 German red dot product design award”.
As of April 1, LVMH's cosmetics brand Benefit has withdrawn from its counters in many cities across the country, and will mainly focus on the official online stores of Sephora and the brand's Tmall in the future.
According to the news on April 7, Baby Tree recently announced its C2M business strategy and progress in its performance report, and will soon launch a series of products focusing on maternal and child home care scenarios with its own brand named “Ruqi”.
The latest data shows that since last year, the number of beauty stores of small and medium brands in South Korea has decreased significantly. The beauty brand stores of Amorepacific, the largest cosmetics group in South Korea, have also decreased by more than 30% compared with last year. Shu Uemura, a subsidiary of L'Oreal Group will withdraw from the Korean market at the end of this year.
According to sources, in Alibaba's 2021 fiscal year (April 2020 to March 2021), the number of new active merchants on Taobao hit the highest value in five fiscal years since 2017.
Recently, Japanese beauty giant Kose announced that it has reached a cooperation with a Japanese startup company MÅNGATA, whose brand SminkArt can produce painting supplies using discarded make-up as raw materials.
On the evening of March 30, Huaxi Biology disclosed its 2020 annual report that functional skin care products accounted for more than half of Huaxi Biology’s main business in 2020, and it has more than doubled its growth over the years, becoming the core driver of Huaxi Biology’s business growth.
Hot Topic
On the 9th, SF Holdings opened its lower limit. On the evening of April 8, SF Holdings announced that it expects to achieve a net profit of 900 million to 1.1 billion yuan in losses attributable to shareholders of listed companies in the first quarter of 2021, and a profit of 907 million yuan in the same period in 2020.