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  • Unilever’s Murad Apologizes for Copying Peterson’s Lab in Advertising

    Murad said in an apology statement yesterday (Feb. 2) that the incident was caused by the brand's lax checking process. In the evening of February 1, the Chinese brand Peterson’s Lab posted an article through Chinese social platform Weibo, Xiaohongshu and others, saying that its product creative video was a "replica" by Murad. According to the article posted by Peterson’s Lab on social media platforms, the brand released a creative video on August 22, 2021 to promote one of the brand's star products - Barrier Adaptogen Lotion.

  • Kao Corporation Achieves Cosmetics Business to Rise 5.1% in 2022

    Kao Corporation said this year's growth was driven by the Corporation's investment in its "G11" global strategic brands, which include KANEBO and KATE. On February 2 (CST), Kao Corporation announced its fiscal year 2022 results for the year ending December 31, 2022. The report showed that Kao Corporation's net sales for 2022 were 1.551 trillion yen ($12.), up 9.3% year-on-year, and operating profit was 110,071 million yen, down 23.3% year-on-year. The report said it was due to a cooling market in China, logistics disruption in the U.S. and a shift in lower-priced products due to world inflation. Kao Corporation said that despite the tough market environment, the Kao Corporation has aggressively implemented measures such as focused investment in core brands, promotion of digitalization, and strategic price increases.

  • Estee Lauder Net Sales Wanes by 64%

    Estee Lauder Company is confident that it will return to growth in the fourth quarter of fiscal 2023 as Chinese consumers gradually resume international travel and other factors. On February 2, Estee Lauder released its financial results for the first half of fiscal year 2023 (July-December 2022), with net sales for the first half of the year at $8.55 billion, down $9.2 billion or 14% year-on-year, marking the lowest growth in nearly 10 years. According to Estee Lauder Company's financial report, from October to December last year, the company's sales fell 17% year-on-year to $4.62 billion, and net sales fell 64% year-on-year to $390 million.

  • Jinjiachong: the Matthew effect is On Steroids amid Pandemic

    No matter what the market and industry environment, a batch of companies will always develop in full swing. 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 Liu Chuangao, founder of Jinjiachong, to share with us the cosmic trends in China.

  • Kwai: Content E-Commerce and Live Streaming get Important

    Compared to the previous to buy big-name beauty products, consumers today are concerned about both the brand, but also begun to pay attention to the cost performance of the product. 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 Kang Le, the head of beauty and personal care industry of Kwai E-commerce, to share with us the cosmetic trends in China.

  • Luoyang Secai: Specialization Become the Core Competitiveness of Physical Stores

    Products and services should be the constant topic. 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 Zhu Rui, founder of Luoyang Secai, to share with us the cosmetic trends in China.

  • LVMH FY2022 Revenue Up 17% YOY to Record High

    LVMH in its 2022 financial report specifically mentioned its fragrance division rose including Dior Sauvage series in the world is still in the leading position. On January 26, the luxury house LVMH released its full-year 2022 financial results. In 2022, the LVMH group achieved annual revenue of 79 billion euros (about $85.9 billion), up 17% compared to an annual avenue of 64 billion euros (about $69.6 billion) in 2021. By geography, revenues rose significantly in Europe, the United States and Japan, up 35%, 15% and 31% respectively, benefiting from strong demand from local customers and a recovery in international travel. Revenue performance in Asia outside of Japan was flat compared to 2021, but still represents the largest share of overall revenue at 30%.

  • Colgate-Palmolive Reaches 3% Rising Net Sales in 2022

    Colgate-Palmolive Company has achieved four consecutive years of organic sales growth through 2022. Colgate toothpaste remains a leader with a global market share of 39.8%. Recently, Colgate-Palmolive Company announced its fourth quarter and full-year financial results for 2022, Colgate-Palmolive Company achieved net sales of $17.967 billion for the full year 2022, up 3% year-over-year and its fourth-quarter revenue was $4.629 billion, up 5% year-over-year.

  • Harmay: "He-economy" is the New Point of Breakthrough

    With the constant promotion of the concept of beauty and skincare, the male cosmetics market is growing gradually, with the male consumers' willingness to consume and their price acceptance increasing. 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 Ian Xu, person in charge of Harmay's market and user operation, to share with us the cosmic trends in China.

  • 500+ Imported Ordinary Cosmetics Filing to be Canceled

    According to the relevant provisions, the responsible person for the import of ordinary cosmetics in the name of foreign filers for ordinary cosmetics filing matters. On January 29, the Medical Products Administration of Guangdong Province announced a number of imported ordinary-purpose cosmetics filing to be canceled notice, the list contains 571 batches of imported ordinary-purpose cosmetics, including all kinds of color cosmetics, personal care products. (According to related regulations in China, there are two categories of cosmetics, ordinary-purpose cosmetics and special-purpose cosmetics, cosmetics for hair coloring, dyeing, spot whitening, sunscreen, anti-hair loss and cosmetics claiming new efficacy are special-purpose cosmetics. Cosmetics other than special-purpose cosmetics are ordinary-purpose cosmetics.)

  • NBC: Cosmetics Market Officially Enters the Age of Rationality

    Consumers' pursuit of cosmetics also tends to be more high-end, and high-income consumers have gradually become the main force driving the development of high-end products. 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 Mai Yaoya, Vice President (Marketing Planning) of NOX BELLCOW Cosmetics Co., Ltd.(NBC) and CEO of NBC(Hangzhou), to share with us the cosmetic trends in China.

  • Jinsheng New Materials: Personalized & Eco-friendly Packaging Highlight Brand Exclusivity

    The beauty market will also pay more attention to the personalized needs of consumers, and there will be more and more cross-border brands, products rich in personality and cross-border products. 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 Ruan Jinjian, Vice General Manager of Jinsheng New Materials, to share with us the cosmetic trends in China.

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