Dynamics of cosmetic chain stores and imported high-end supermarkets
*According to Qichacha APP, Sephora (Shanghai) Cosmetics Sales Co., Ltd. added the wholesale & retail of "the first-class medical equipment, the second-class medical equipment, household appliances, disinfection, sanitary products, and disposable medical supplies and others, and the operation of “ the Class III Medical Devices".
*The COO in Watsons Group and Watsons Group Chief Operating Officer and Group (Asia and Europe) Chief Executive Officer Ms. Ni Wenling said at the Beauty Tech Live, an international beauty industry event: Watsons Group will create a new O+O offline and online retail standard, and plans to add 1,000 more physical stores this year.
*On the evening of April 15th, Yonghui Supermarket issued an announcement stating that it would sincerely apologize to consumers, investors and regulatory authorities in response to the incident reported by Xinhuanet regarding the unqualified product testing of Yonghui Supermarket Co., Ltd.
*According to Beijing News, because the milk sales area involved the use of Zhong Nanshan's "endorsement" for illegal propaganda, Metro's Guangzhou Tianhe Shopping Mall was fined 200,000 yuan by the local municipal supervision department.
E-commerce platform dynamics
*Starting from April 19, Tmall will lower the threshold for opening stores and will pilot the "Tmall Trial Operation Period" for the first time. In the future, merchants who apply to open a store on Tmall will become an official Tmall store after passing the 7-month trial operation capability assessment.
*At the 7th Tmall Golden Makeup Festival, Ji Yun, the general manager of TM fast-moving business division, shared a blockbuster news on the spot: "The goal of doubling Tmall Beauty’s three-year performance was achieved in the second year ahead of schedule, which is equivalent to using 2 years to recreat a Tmall beauty makeup'."
*On April 15th, Kaola Overseas Shopping officially launched its own brand "Kaola Overseas Shopping & Products", covering 9 major categories such as beauty, skin care, clothing, and food.
*According to the Beijing News, Alibaba's 1,000 digital agricultural bases across the country will be "shared" to open up the agricultural product supply chain of Alibaba's retail companies. By then, agricultural products will be supplied to Hema, RT-Mart, Hema Bazaar and so on.
Brand and industry related dynamics
*The well-known domestic beauty e-commerce company, Lily & Beauty, has its first annual report after its listing, and it is expected to maintain a significant growth of 22% in 2021.
*On April 9th, SNEFE, a cutting-edge domestic skin care brand, announced that it has completed a round of financing with a total of 100 million yuan.
*Huachuang Securities Research Institute has successively released the sales data of Alibaba's cosmetics from January to March in 2021. The data shows:
1. In the first quarter of this year, online sales of skin care and cosmetics showed an overall upward trend.
2. The GMV of Florasis and Perfect Diary both exceeded 200 million yuan. Among them, the GMV of Florasis ranked first for three consecutive months; domestic brands such as Runbaiyan, BioMESO, Proya and other domestic brands have increased significantly year-on-year; international brands such as Estee Lauder and L'Oreal are in strong performance during the big promotion.
*On April 13, at the launch site of the annual "Beauty Oscar" Tmall Golden Makeup Award, Dr. Alva won the title of "TOP Brand of the Year" for his outstanding market performance, and the “probiotic balance lotion & milk set” was shortlisted Golden Makeup Award for the best black technology of the year.
*It is reported that the household personal care brand KUGG has completed a tens of millions of angel round financing, which is invested by Lafang Pinguan Huaxi Fund.
*On April 12, the new third board innovation layer company Yisijia (838858) selected layer of the proposed issuance plan was released. The company plans to publicly issue no more than 4.95 million shares, with a reserve price of 18 yuan per share.
*On April 9th, "COGI 2021 One-Piece Bottle New Product Strategy Release and the 13th Love Journey Launching Conference" was grandly held at Ningbo Pan Pacific Hotel. At the meeting, COGI's brand-new One-Piece Bottle 2.0 series was released.
*On April 11, Guangzhou Aogu Biotechnology Co., Ltd. officially launched a brand-new brand Fenggu with "black propolis essence maintenance" as its differentiated brand. It entered the field of washing and repairing and entering the era of washing and repairing 2.0 essence in one fell swoop.
International Group News
*Caijing.com reported that L'Oréal's sales in the first quarter of this year increased by 10.2% to 7.61 billion euros. E-commerce revenue increased by 47.2%, accounting for 26.8% of total sales. Among them, driven by a 37.9% increase in sales in mainland China, L'Oréal's sales in the Asia-Pacific region increased by 23.8% to 2.78 billion euros.
*On April 13, French Ticuli entered the offline cross-border experience area of the Tmall international flagship store and the LITTLE B brutalist beauty lifestyle concept store, and launched trial operations in China mainland market.
It is reported that France Ticuli will officially enter the Chinese mainland market during the "Five & Five Shopping Festival" in Shanghai starting on May 5th. So far, L'Oréal China has introduced a total of 27 brands into mainland market.
Hainan Duty Free Shop News
A few days ago, the Information Office of the State Council announced that three new duty-free shops have been added to Haikou and Sanya, respectively, and the overall number of duty-free shops on Hainan's outlying islands has also been expanded to 10. According to the company's data, in the first quarter, the number of registrations of tax-free companies nationwide increased by 241%.
Hot Topic
On April 13, the U.S. Food and Drug Administration (FDA) and the U.S. Centers for Disease Control and Prevention (CDC) stated in a joint statement that it recommended suspending the use of Johnson & Johnson's single-dose new crown vaccine.
The statement stated that after administering 6.8 million doses of Johnson & Johnson vaccine to the public, six American vaccinators developed a rare and severe blood clot called "Cerebral Venous Sinus Thrombosis" (CVST), accompanied by symptoms of low levels of platelets.