01
The 2022 National Cosmetics Supervision Work Teleconference was held in Beijing
On January 26, the 2022 National Cosmetics Supervision Work Video Conference was held in Beijing. Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the meeting conscientiously implemented the spirit of the 19th Party Congress, the 19th Plenary Session of the Party and the Central Economic Work Conference, implemented the deployment of the 2022 National Drug Supervision and Administration and Party Style and Clean Government Construction Work Conference, promoted the implementation of the "14th Five-Year" National Drug Safety and Promotion of High-quality Development Plan, systematically summarized the cosmetics supervision work in 2021, deeply analyzed the task situation, and comprehensively deployed the key work in 2022. Yan Jiangying, member of the party leading group and deputy director of the State Drug Administration, attended the meeting and made a speech.
The meeting fully affirmed the achievements of cosmetics supervision in 2021. 2021 is the "year of regulation construction" of the mainland cosmetics supervision, the "Cosmetics Supervision and Management Regulations" (hereinafter referred to as the "Regulations") officially implemented, the cosmetics regulatory departments around the administration according to law, promote the "Regulations" supporting rules and normative documents to formulate publicity, improve the regulatory system; around the special rectification, strengthen the supervision of children's cosmetics, strictly investigate major and important cases, establish a case investigation guidance and incentive mechanism, and improve the inspection and law enforcement system.
02
Han Shu's parent company stepped out of the pace of IPO in Hong Kong,
It may become the first beauty company to be listed on Hong Kong stocks in 2022
After two unsuccessful listings, Shangmei Group, the parent company of beauty giant "Han Shu", is finally one step closer to listing. Recently, Shangmei Group has submitted an overseas listing application to the CSRC and will go public in Hong Kong, potentially becoming the first beauty company to be listed on Hong Kong stocks in 2022.
Han Shu is the earliest product of Shangmei Group and the only brand for a long time. Han Shu started from the third and fourth tier markets, and then took the EXPRESS train of TV shopping and quickly accumulated funds. Since then, the micro-business channel has made Han Shu popular, and even been crowned the title of "the first micro-business". The real jump from the third and fourth lines to the first line of Shangmei Group is because of its crazy TV advertising. People who know Han Shu and Yiyezi have probably been "bombarded" by their advertisements. According to relevant media reports, in 2016, the annual advertising investment of Shangmei Group has reached 1.5 billion yuan. (Source: Investment Community)
03
Henkel merged the two divisions and made acquisitions in the consumer goods sector at the same time
Henkel is streamlining its business, planning to merge its beauty care, laundry and home care divisions to form a new consumer brand business, and expects to divest or discontinue non-core brands and activities, while making acquisitions in the consumer goods segment.
Henkel said the new organizational structure should be operational by early 2023 at the latest. The newly merged divisions will be led by Wolfgang K nig, currently Executive Vice President of Henkel's Beauty Care business.
The new division will include brands such as Schwarzkopf Hair Care Products, Dial Soap, Persil, Purex and All Laundry Detergent, Snuggle Fabric Softeners, and more, and is expected to create synergies in management, distribution, marketing and supply chain. Henkel believes this will free up consumer branding campaigns to free up resources for higher investments, better targeting investments in strategic capabilities, and improving profitability in business units.
Taking into account the tight market situation of raw materials and supply chains, as well as the rising price of direct material costs, Henkel expects the group's organic growth to be in the range of 2%-4% in 2022.
04
Givaudan acquires a 48% stake in the active ingredient packaging supplier
On January 26, Swiss flavors and fragrances giant Givaudan announced that it has acquired a 48% stake in the Nanovietores Group from Brazilian investment fund The Criatec Fund to strengthen its encapsulation capabilities for active cosmetic ingredients. The financial terms of the transaction were not disclosed.
Headquartered in Brazil, Nanovetores was founded in 2008 by Betina Giehl Zanetti Ramos and Ricardo Ramos. Nanovetores has ISO-9001 certification and specializes in active ingredient encapsulation systems. Nanovetores' technology maximizes the performance of the active ingredient by protecting, deeply infiltrating and controlling the release of the active compound at the target of application.
The Nanovetores Group is committed to sustainability and all its products are designed and produced using a clean and green process that does not use organic solvents at all, using only water as a solvent. Clean Beauty pure beauty is becoming a growing trend, so beauty product manufacturers are looking to expand their capabilities in this area. (Source: Jumei)
05
Unilever's restructuring will result in 1,500 jobs
Unilever announced that it will simplify its organizational structure, which, unlike the current "matrix" architecture, is divided into five distinct business segments: Beauty & Health, Personal Care, Home Care, Nutraceuticals and Ice Cream. Each department will take full responsibility for its global strategy, growth and profits.
As part of the restructuring, Unilever's management has also made a series of personnel changes, including the appointment of Executive Vice President Fernando Fernandez latin America as President of Beauty and Health; North America President Fabian Garcia has been appointed President of Personal Care, responsible for skin cleansing, deodorants and oral care; and CoO Nitin Paranjpe, who will serve as Chief Transformation Officer and Chief People Officer, leading the business transformation and responsible for human resources functions Reginaldo Ecclissato, Chief Supply Chain Officer, will lead supply chain and Unilever business operations as Chief Business Operations Officer. Sunny Jain, President of Beauty & Personal Care, will leave Unilever to set up an investment fund in the tech megatrends.
Unilever's new organizational model will result in the loss of around 1,500 jobs worldwide, a 15% reduction in senior management positions and a 5% reduction in junior management positions. The company is trying to boost growth after the failed acquisition of GlaxoSmithKline's consumer division and is seeking to appease aggressive investors, Reuters reported.
06
112.8 billion! Estée Lauder's annual sales increased 24% year-over-year, a new three-year high
A few days ago, Estée Lauder Group released its 2022 fiscal year Q2 results (that is, October to December 2021), from the perspective of 12 months last year, the total sales reached 112.78 billion yuan, an increase of 24% year-on-year, a new high in the past three years.
Specifically, the proportion of skin care is still the highest; among various departments, perfume is the fastest growth rate of 29%; and makeup consumption is gradually recovering. The epidemic continues to affect people's consumption concepts, and in the past year, Estée Lauder has increased its holdings in DECIEM Group, which has a number of functional skin care brands such as The Ordinary, and shut down the makeup brand BECCA on the other hand.
As early as the beginning of this year, it was rumored in the industry that some products of Estée Lauder Group's Estée Lauder, Aquamarine Mystery and other brands will raise prices from January 28.
Taking the Estée Lauder brand as an example, compared with the price increase of products including the red pomegranate series and cherry blossom micro essence dew before January 28, the price of the small brown bottle series has not increased. Among them, the price of the red pomegranate series increased by 5 to 15 yuan, and the price of cherry blossom micro essence 200ml increased by 40 yuan, an increase of 1.7% to 5%.
07
Amorepacific is the first in the world to successfully develop a skin sensor for sensory sensors
Recently, Amorepacific took the lead in the world to successfully develop an intelligent tactile sensor that can measure skin sensation. When the sensor is put into use, it will be possible to develop adjustable cosmetics with a fine sense of use.
Intelligent haptic sensors are a measurement technique that combines machine learning. The technology is able to identify how cool, moist, and the type of solution that human skin feels, and convert it into digitized data. The sensor has an ultra-thin design with a soft material that adheres to the skin and can be measured stably despite external pressure and deformation. Amorepacific collaborated with the research team of Professor Ko Hyun hyub of the Ulsan Institute of Science and Technology (UNIST), which has cutting-edge sensor technology for human skin simulation, and achieved this result. (Source: Personal Care Frontier)
08
The National University of Singapore has developed a new hair dye that avoids allergic reactions
With funding from the National University of Singapore, researchers published research to develop a new batch of permanent hair dyes that avoid the sensitization of traditional formulations. When paraphenylenediamine (PPD) is used to color hair, it undergoes a chemical reaction that turns the hair black and does not disappear over time. However, this reaction also produces compounds that bind to proteins in the user's skin, causing allergic reactions such as eczema and swelling of the face. The team prepared seven novel aromatic amine dyes (N1–N7) based on PPD and made them less easily absorbed by the skin. All seven compounds permanently color hair samples, producing a range of shades from rose red to deep black. Even if you wash it every day, it will not fade after three weeks.
Five of the modified dyes (N1–N4, N6) are "weak" sensitizers, while PPD is a "medium" sensitizer. Another test showed that the new compound produced fewer inflammatory responses in cells compared to PPD.
The above results show that the new dye can safely and effectively color hair while avoiding the potential sensitization risks of traditional dyes. (Source: Personal Care Frontier)
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