Two major makeup brands closed their stores/Unilever was investigated by the CMA

brand

Unilever is being investigated by the CMA

A few days ago, the British Competition and Markets Authority (CMA) issued a statement saying that in order to avoid consumers being misled by Unilever's "environmentally friendly" and "green" claims on some products, Unilever Group will be investigated. According to the CMA, Unilever's claims about certain aspects of the product may exaggerate the naturalness of the product, such as Unilever's use of colors and images like green leaves, which may give the impression that some products are more environmentally friendly than they actually are. According to foreign media reports, Unilever was investigated on suspicion of "greenwashing", that is, pseudo environmental protection. In response, Unilever denied that its statement was misleading, was "surprised and disappointed" by the CMA's statement, and said it would continue to work with the CMA.

Two more makeup brands closed their stores

ON DECEMBER 13, JAPANESE BRAND CEZANNE AND SOUTH KOREAN BRAND BBIA ANNOUNCED THE CLOSURE OF THEIR OVERSEAS FLAGSHIP STORES ON TMALL. According to the announcement of CEZANNE's overseas flagship store, the store will cease operation on December 13, and no new orders will be accepted from now on, and the goods that have been ordered will be delivered as planned. According to the announcement of BBIA's overseas flagship store, due to the adjustment of brand operation, the store's products have been removed from the shelves and cannot be purchased. It is reported that BBIA was founded in 2004 and has been recommended by celebrities and beauty bloggers such as Yu Shuxin, while CEZANNE was founded in 1964 and is a well-known open-shelf beauty brand in Japan.

Zeping's parent company, Huayimei, went into bankruptcy liquidation

On December 11, according to the National Enterprise Bankruptcy and Reorganization Case Information Network, the Shanghai No. 3 Intermediate People's Court ruled to accept the bankruptcy liquidation case of Shanghai Huayimei Cosmetics Co., Ltd., and the first creditors' meeting is scheduled to be held on January 25, 2024. According to public information, Shanghai Huayimei was established in January 2003, and its brands include Zeping, Xianchen, Huayimei, EIEVI, Taqiman, etc. According to the China Enforcement Information Disclosure Network, since December 2022, Huayimei has been forced 33 times, with an amount of more than 10 million yuan.

capital

Boots may be sold again

A few days ago, according to foreign media reports citing people familiar with the matter, Walgreens and Walgreens Boots Alliance, the parent company of the famous British beauty chain Boots, are conducting early negotiations on the spin-off of Boots, including the possibility of its IPO in London, with a transaction value of about 7 billion pounds (about 63.48 billion yuan). It is reported that the relevant plans for Boots will not be launched until next year at the earliest, and last year, Boots held a tender for sale, which was terminated in June 2022 due to the unsatisfactory offer.

Australian hair care brand Straand has received another Unilever investment

Recently, Straand, an Australian hair care brand, received an investment of 4 million Australian dollars (about 19.05 million yuan) from Unilever Ventures. In February this year, Unilever Ventures made a seed round investment of 2 million Australian dollars (about 9.52 million yuan) in the brand. It is reported that Straand was founded in 2022, focusing on vegan, cruelty-free prebiotic scalp care, including shampoo, conditioner, scrub and scalp serum, exfoliating scalp brush, etc.

资生堂成立新风投基金LIFT

Recently, Shiseido announced the establishment of a venture capital fund, LIFT Ventures LLC, to focus on investing in start-ups that carry out innovative initiatives in the field of beauty and health, focusing on the development of emerging technologies, advanced platforms, brands with growth potential, and new business models. LIFT Ventures will be headquartered in New York, USA, and will be led by Ron Gee, President and CEO of Shiseido Americas. It is reported that LIFT's first investments are Phyla, a skin microbiome research company, and Patricks, a men's grooming brand. Among them, Phyla mainly develops acne treatment based on the probiotic microbiome.

EXISTS

The first share of amino acid raw materials on the Beijing Stock Exchange was born

On December 12, Wuxi Jinghai Amino Acid Co., Ltd. was listed on the Beijing Stock Exchange. As of the close of the day, Wuxi Jing poster was 28.44 yuan / share, with a market value of 1.775 billion. According to the data, Wuxi Jinghai is a state-level specialized and new "little giant" enterprise mainly engaged in the research and development, production and sales of amino acid products, the main products include branched-chain amino acids (isoleucine, valine, leucine), tryptophan, phenylalanine, proline, etc., which can be widely used in medicine, daily chemicals and many other fields. At present, there is no listed company on the Beijing Stock Exchange with amino acid raw materials as its main business or main products, which means that Wuxi Jinghai will be the first share of amino acid raw materials on the Beijing Stock Exchange.

raw material

Bethany has completed the filing of 2 new raw materials

Recently, according to the filing information platform of new cosmetic raw materials of the State Food and Drug Administration, Yunnan Bethany Biotechnology Group Co., Ltd.'s "Candida bee/glucose/flat kernel wood oil fermentation products" and "Bee Candida yeast/glucose/coconut oil/flat kernel wood oil fermentation products" 2 new raw materials have completed the filing and entered the monitoring period. At present, the technical requirements of these two new raw materials have not been announced, and Bethany has completed the filing of three new raw materials this year.

market

In November, the import value of cosmetics was 9.59 billion yuan

A few days ago, the General Administration of Customs released the statistics of key imported commodities in November. According to the data, the import volume of beauty, cosmetics and toiletries in November was 29,529.1 tons, down 14.23% year-on-year, and the import value was 9.59 billion yuan, down 23.7% year-on-year. From January to November, the cumulative import volume of beauty cosmetics and toiletries was 334,881.6 tons, down 13.8% year-on-year, and the cumulative import value was 117.51 billion yuan, down 14.8% year-on-year.

Supervision

Microcrystalline and microneedle "cosmetics" may face cleanup

On December 13, the Guangzhou Administration for Market Regulation issued the Q&A on the Filing of Ordinary Cosmetics (Issue 51), which clearly pointed out that "if microcrystalline or microneedle products are claimed, such as the use of tiny needle-like raw materials such as hydrolyzed sponges or corresponding production process technologies, the use method is to produce effects by penetrating the skin or to penetrate the product, and are not applied to the skin surface, such products are beyond the scope of cosmetics definition". In short, microcrystalline or microneedle products are not cosmetics and cannot be registered as cosmetics.

(Related reading: "Microcrystalline and microneedle "cosmetics" are going to be cold!)

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