CHAILEEDO found later Revlon operation on Tmall will focus on its overseas flagship stores. As of the end of March 2022, Revlon's long-term debt has reached $3.31 billion. It is understood that Revlon's official flagship store on Chinese e-commerce platform Tmall issued a closure announcement to terminate its operation on March 15, 2023.

Puig says the technology is expected to help Puig achieve strong growth in the Chinese market. On February 14, Spanish perfume, cosmetics and fashion multinational group Puig teamed up with Chinese e-commerce platform Tmall to launch Scent Visualizer, which allows users to discover, identify and visualize the scent of perfumes.

Although market feedback from the China region was less positive, Kose believes that personal consumption in the region is expected to recover. On February 13, Kose released its FY2022 financial report. The report shows that total sales of Kose for FY2022 were 289.1 billion yen ($2.2 billion), up 7.5% year-on-year, and operating profit was 22.1 billion yen ($168 million), up 41.1% year-on-year. Overall, the performance was above expectations.

Today (February 13), the 2023 (6th) Conference on China Cosmetic Trends, hosted by CHAILEEDO, was held in Shanghai. As the first industry conference in 2023 in China, it attracted much attention. With the theme of Clean Beauty, many cosmetic companies gathered together such as the world's top 10 cosmetic groups, leading OEM/ODMs in China, representative brands of clean beauty and cosmetic retail platforms to discuss the blueprint of clean beauty development in China.

We are in an era of increasing uncertainty. A year's plan starts with spring, and industry changes do not wait. In 2023, what new trends will emerge in the industry? Where are the new growth points in the market? Based on the upcoming 6th China Cosmetics Trend Conference on February 13, the column "Trend Talks" interviewed 50+ founders of famous companies and industry professionals from home and abroad to help open the door to the cosmetics industry with fresh perspectives. CHAILEEDO invited Zheng Chunying, chairman of JALA Group, to share with us the cosmetic trends in China. CHAILEEDO: What has JALA Group achieved in the past 2022 years? Zheng Chunying: In 2022, thanks to three years of continuous digital construction, organizational change, product innovation, JALA achieved sales of +2.6% year-on-year, retail terminals to maintain 43,000 and new consumer data assets of 15.04 million. More importantly, we have also made significant gains in digital transformation, with our digital operations now accounting for 98.8%, an increase of 50.8% compared to 2019 without digital transformation, and digital retail accounting for 67.1%, an increase of 105.7% compared to 2019. Among them, CHANDO has reached 99% of digital revenue and 67.2% of omnichannel digital retail. It can be said that digitalization has penetrated the entire chain of JALA Group's operation and management, and our terminal network now has an online rate of 96% and BA online rate of over 80%. JALA has achieved a true sense of the digitalization of the whole area. CHAILEEDO: In 2023, what is the development goal of JALA Group? Zheng Chunying: We want both revenue growth, that is, the target growth of 18%. We also want substantial profit growth while high-quality growth, that is, from only sales without quality of scale growth, to quality value growth. For this year's development, the general keynote of the development of the JALA Group is to seek progress in a stable manner and seek changes in a stable manner. We want to achieve the "both to and also to" the goal of high-quality growth, improved efficiency is the key to the key. To do this, we need to do the following three things: make holistic organizational changes. "One Inventory" (omnichannel inventory sharing, unified deployment and visualization operations) should start to play a value in improving efficiency and reducing costs; and strengthen process management and improve performance management. CHAILEEDO: How do you view the current industry, and what is the response of JALA? Zheng Chunying: We are in an era of increasing uncertainty. Every day when you open your eyes, you do not know what will happen, and business risks are increasing. We should have a clear understanding of this. However, the brave do not give up because of the fear of the unknown. French literary scholar Romain Rolland wrote in his biography of a famous person: "There is only one kind of heroism in this world, which is to love life after recognizing the truth." And the heroism I admire is those who know that the road ahead is full of thorns, but still choose to bravely go ahead. In 2023, we need to join hands with those who are brave enough to face the tough external situation, set higher goals and make significant changes: Digitally driven with focusing efficacy.

The boom in the development of children's cosmetics is likely to explode in the next few years. A year's plan starts with spring, and industry changes do not wait. In 2023, what new trends will emerge in the industry? Where are the new growth points in the market? Based on the upcoming 6th China Cosmetics Trend Conference on February 13, the column "Trend Talks" interviewed 50+ founders of famous companies and industry professionals from home and abroad to help open the door to the cosmetics industry with fresh perspectives. CHAILEEDO invited Liu Wei, the former Cheif Physician of the Dermatology Hospital of Air Force General Hospital and the Director of the Department of Dermatology, to share with us the cosmetics trends in China. CHAILEEDO: What changes in the industry have impressed you in the past year?

Although in the financial report, Shiseido repeatedly mentioned the poor performance of China. However, Shiseido said China has become its largest market. Sales for the fiscal year ended Dec. 31 rose 5.7% to about 1.07 trillion yen ($8.1 billion), according to Shiseido's earnings report. Net income fell 27.1% to 34.2 billion yen ($260.6 million). Profit for the year fell 53.7%.

Strong China business is the focus of L'Oréal's earnings report. Today, L'Oréal Group announced key financial figures for 2022 and the fourth quarter. The data show that last year L'Oréal posted sales of €38.26 billion and reported growth of 18.5%, the highest sales and growth record in 10 years. Sales and sales volume growth were balanced, with the e-commerce segment accounting for 28% of sales and a significant increase in operating margin of 19.5 %.

Innisfree said, entering in Watson's hopes to use Watson's platform to reach more online and offline consumers. On February 9, Innisfree brought its two star series Green Tea Seed Series and Black Tea Youth Enhancing Series and star single product Innisfree Retinol CICA Repair Ampoule into Watsons offline stores and its mini program.

High-end effective skincare and personalized beauty may be the next popular direction. A year's plan starts with spring, and the industry changes at a fast clip. What new trends will emerge in 2023? Where do the new growth points lie in the market? Based on the upcoming 6th Chinese Cosmetics Trend Conference on February 13, CHAILEEDO interviews the founders and industry personages of 50+ well-known companies at home and abroad to get the cosmetics industry off to a flying start with a fresh view. CHAILEEDO invited Fan Jun, president of China Commerce Association for General Merchandise(CCAGM) to share with us the cosmetic trends in China. CHAILEEDO: What changes within the industry have impressed you over the past year? What achievements have CCAGM made?

The Chinese market is large enough to support the survival and development of a category or brand as long as it can meet the needs of a small portion of people. A year's plan starts with spring, and the industry changes at a fast clip. What new trends will emerge in 2023? Where do the new growth points lie in the market? Based on the upcoming 6th Chinese Cosmetics Trend Conference on February 13, CHAILEEDO interviews the founders and industry personages of 50 + well-known companies at home and abroad to get the cosmetics industry off to a flying start with a fresh view. CHAILEEDO invited Zhang Chubiao, chairman and president of Danz, to share with us the cosmetic trends in China. CHAILEEDO: What changes within the industry have impressed you over the past year?

"Unilever delivered a year of strong topline growth in challenging macroeconomic conditions," said departing chief executive Alan Jope. On February 9, Unilever released its fourth quarter and annual report for 2022. In 2022, Unilever's turnover will be 60.1 billion euros, a year-on-year increase of 14.5%. Operating profit was 10.8 billion euros, a year-on-year increase of 23.6%. Net profit was 8.3 billion euros, a year-on-year increase of 24.9%.