Dynamics of cosmetic chain stores and imported high-end supermarkets.
*On May 18, Sephora officially announced that it had joined "The Valuable 500", continuing to fulfill its commitment to care for the disabled.
*The world’s first“HAYDON”in Wuhan has been enthusiastically sought after by local consumers, and plans to open a new store in Wuhan in the second quarter.
*Recently, the British brand assessment agency "Brand Finance" (Brand Finance) released the "2021 China Top 500 Brand Value" list with a total brand value of RMB 1,315.8 billion. Yonghui was selected as one of the top 500 Chinese brands.
*After Wumart and Metro China completed the equity merger, Multipoint Dmall is Metro China's only digital partner. It is currently doing digital transformation of Metro China. It is expected that Metro China will fully launch multipoint OS at the end of this year, including O2O, POS, WMS, etc.
Brand and industry related dynamics
*It is understood that Yunnan Baiyao Group Health Products Co., Ltd. took two years and invited more than 20 professional scholars to compile the first "Compendium of Skin Care Effects of Natural Plant Raw Materials" in the country.
*A few days ago, Lafang Jahwa and Peng Ai Medical Beauty International held a signing ceremony in Shenzhen. Lafang Jahwa announced that it will participate in the private placement of Peng Ai Medical Beauty International with approximately RMB 100 million. The two listed companies will conduct in-depth strategic cooperation on multiple levels of capital, brand, products, and customers.
On May 14th, Calibio held a new product launch conference for "Avocado Water Rejuvenation Cells"-Avocado Water Rejuvenation Series at Shanghai Hongqiao Pinhui.
*From May 12th to 14th, skincare brand TJOY returned in a stronger position and appeared in the W1 Hall of Shanghai Beauty Expo. On May 13th, the second quarter agent work conference and new product launch conference of Moso Company with the theme of "New Opportunities Win the Future" was held.
*Before the US stock market on May 19, Perfect Diary's parent company Yixian E-commerce released its first quarter 2021 performance report. The financial report shows that
1. The company's revenue for the quarter was 1.44 billion yuan, a year-on-year increase of 42.7%; a net loss of 320 million yuan, an increase of 66.4% from the previous quarter, and a net loss rate of 22.1%;
2. Non-GAAP Net Loss (Non-GAAP Net Loss) was 230 million yuan, an increase of 81.1% year-on-year.
Authoritative release
On May 17, the State Food and Drug Administration issued the "Announcement on Publishing the List of the First Batch of Cosmetic Inspection and Re-inspection Institutions." Including 18 institutions including China Institute for Food and Drug Control, Beijing Institute for Drug Inspection (Beijing Health Food and Cosmetics Inspection Center), Tianjin Institute for Drug Inspection, and Hebei Institute for Drug and Medical Device Inspection.
International Group News
On May 18, the launching ceremony of the second “BIG BANG Beauty Technology Creation Camp” of L'Oréal China 2021 was held in Fengxian District, Shanghai.
Recently, it was reported that Innisfree, a brand of South Korean cosmetics group Amorepacific, will close about 170 Chinese stores this year.
On May 12, Shiseido Group released a quick report on the first quarter of Y2021.
1. The financial report shows that in the first quarter ended March 31, the group achieved sales of 244.01 billion yen (approximately RMB 14.36 billion), a year-on-year increase of 7.5%; operating profit was 10.88 billion yen (approximately RMB 640 million) , an increase of 67.6% year-on-year; the net loss attributable to shareholders of the parent company was 1.53 billion yen (approximately RMB 90 million).
2. In the first quarter of this year, Shiseido Group achieved growth in all overseas markets centered on China. Among them, the Chinese market has a strong growth momentum, achieving a year-on-year growth of 46.8%, and the Chinese market's revenue accounted for 26.8%.
Short video and e-commerce platform dynamics
A few days ago, Kuaishou e-commerce officially released the a series of import e-commerce related rules such as "General Rules of Kuaishou Import E-commerce Platform", "Kuaishou Import E-commerce Investment Management Rules" (hereinafter referred to as E-commerce Investment Management Rules)," Kuaishou Import E-commerce Settlement Rules" and "Kaishou Import E-commerce Violation Management Rules" "Kaishou Imported E-commerce Service Management Rules".
Among them, the e-commerce investment management rules point out that the platform currently only opens four major investment categories: "beauty/personal care cleaning", "food", "watches", and "luxury".