brand
Benefit closes
Recently, LVMH's makeup brand Benefit issued a store closure announcement on the three official online flagship stores of Tmall, JD.com and Douyin, announcing that it is about to end operations and will no longer accept new orders after January 28, 2024, and the goods previously ordered will be delivered as planned. The customer service of Benefit's Tmall store said that Benefit is adjusting its business scale and development focus in Chinese mainland, and consumers can continue to go to Sephora's offline stores and online official flagship stores in China to purchase Benefit products. It is reported that Benefit entered the Chinese market in 2007, entered Tmall in 2017, and withdrew a large area of offline cabinets in 2021 due to business adjustments.
Huiyuan Juice cross-border launch of facial masks
A few days ago, it was reported that Huiyuan, which is famous for its juice, launched a "sea buckthorn seed oil mask" product, Huiyuan Tmall flagship store showed that 5 pieces of sea buckthorn seed oil mask were sold in a box, priced at 69.5 yuan, and a box of official masks was given when you bought a 59 yuan sea buckthorn puree gift box. The small print below the promotional poster of the sea buckthorn seed oil mask is marked with "The information is quoted from: the introduction of the beauty value part of the [main value] in the entry of Baidu Encyclopedia 'sea buckthorn', which has nothing to do with the efficacy of this product".
More than 1000,000 people are being promised the 100,000-mile (500-mile) of land.
A few days ago, Jaclyn Hill, a well-known beauty blogger on YouTube, said on INS that he would shut down his eponymous beauty brand Jaclyn Cosmetics. According to the brand's official website, it will officially close on January 31, 2024, and before that, there will be clearance discounts, and consumers will still be able to purchase items. According to public information, Jaclyn Cosmetics products include lip gloss, eye shadow and other makeup products, priced at $6.5 to $49 (about 46 to 351 yuan). Previously, the brand had been exposed to quality problems such as lipstick long hair and expired products.
DOMESTIC BEAUTY BRAND SIT.E CLOSED TMALL AND SWITCHED TO SEPHORA
Recently, the domestic beauty brand SIT.E announced the closure of the Tmall flagship store, and the new fashion house beauty - MASION de SITE line will be exclusively available on SEPHORA, the Tmall flagship store will be closed on December 30, 2023, and the customer service will end on January 31, 2024. It is reported that SEPHORA's exclusive MASION de SITE line debuted two categories, namely makeup and perfume, makeup products include lip gloss, lipstick, blush, cushion cream, loose powder, makeup remover, etc., the price is 290-490 yuan, and the price of perfume is 1380 yuan 50ml.
capital
Technology skincare brand KEY iN received tens of millions of yuan in financing from Ruoyuchen
A few days ago, KEY iN, a domestic technology skin care brand, received tens of millions of yuan in financing from Ruoyuchen, a brand management company, and the funds will be mainly used for product research and development and the establishment of laboratories. According to public information, KEY iN was established in 2022, and its parent company is Yushi (Shanghai) Biotechnology Co., Ltd., which has launched 7 products such as essences, creams, masks, and body care, with a price range of about 300-500 yuan. It is worth mentioning that KEY iN has previously received tens of millions of angel round financing from Ruoyuchen, and currently holds 12.5% of the shares of its parent company, Yutao.
Aquako completes Series A financing
Recently, the functional personal care brand Aquako announced the completion of Series A financing. This round of financing is exclusively invested by Qingrui, and the funds will be used for brand building, product research and development, product line expansion, supply chain construction and other projects. It is reported that Aquakom has reached cooperation with a number of offline retail brands such as Watsons, KKV, and colorist, with more than 20,000 channel terminals. According to public information, Shuizhikou was established in 2008 and belongs to Miyanshe Brand Management (Guangzhou) Co., Ltd., and in 2022, it has received a 10-million-level angel round of financing led by Baoding Venture Capital.
EXISTS
Mao Geping terminated the IPO
A few days ago, according to the official website of the Shanghai Stock Exchange, the Shanghai Stock Exchange accepted the application documents for the initial public offering of shares and listing on the main board of Mao Geping Company in accordance with the law on March 3, 2023, and reviewed it in accordance with the regulations. A few days ago, Mao Geping Company submitted the "Application for Withdrawal of Application Documents for Initial Public Offering of Shares and Listing on the Main Board" to the Shanghai Stock Exchange, and the Shanghai Stock Exchange decided to terminate the review of Mao Geping's initial public offering of shares and listing on the main board in accordance with relevant regulations. It is reported that Mao Geping submitted a prospectus for the first time in 2016 to be listed on the main board of the Shanghai Stock Exchange, and suspended the IPO after updating the prospectus for the second time in 2017. In 2021, Mao Geping's initial listing application was approved, but there was no progress in the company's listing after the meeting. In March 2023, Mao Geping disclosed the prospectus again and restarted the IPO, and in September 2023, the review of Mao Geping's issuance and listing was suspended because the financial information recorded in the issuance and listing application documents had expired and needed to be supplemented.
market
The total GMV of the five major online platforms is nearly 460 billion
According to data from Radish Investment, Wanlian Securities and third-party platforms, we can see the competitive landscape of online beauty in 2023. In terms of volume, Tao has seized half of the online market with a GMV of 227 billion yuan, Douyin Beauty has a share of more than 30% of the online market share, Kuaishou Beauty and JD Beauty have similar volumes, with GMV of 30 billion+ from January to November 2023, and Pinduoduo Beauty temporarily follows with a GMV of 15.43 billion yuan. In the first 11 months of last year, the total GMV of beauty on the above five platforms reached 459.8 billion yuan. According to the data, from January to November 2023, Proya's GMV on the three major platforms of Taoxi, Douyin, and Kuaishou reached 8.162 billion yuan, achieving a leading fault, which refreshed the revenue record of a single brand of A-share domestic beauty companies.
(Related reading: "The first 8 billion domestic beauty brand is here!")
raw material
Another new raw material of Uniasia has completed the filing
A FEW DAYS AGO, ACCORDING TO THE COSMETIC RAW MATERIALS FILING INFORMATION PLATFORM OF THE STATE FOOD AND DRUG ADMINISTRATION, THE "KLUVER CEREVISIAE LACTIS/GANODERMA SINENSIS FERMENTATION PRODUCT FILTRATE" OF GUANGZHOU HUANYA COSMETICS TECHNOLOGY CO., LTD. HAS COMPLETED THE FILING AND ENTERED THE MONITORING PERIOD. Not long ago, the first new cosmetic raw material of Uniasia Group, "Lactobacillus plantarum/sea fennel fermentation product filtrate", completed the filing. At present, the technical requirements of the two new raw materials have not been disclosed.
Supervision
The blonde rabbi was fined 2,606,900 yuan
Recently, Jinfa Rabi Women's and Children's Products Co., Ltd. was confiscated 115,700 yuan of illegal income and fined 2.4912 million yuan, with a total of 2.6069 million yuan in fines and confiscations, due to the failure to produce according to the formula ratio of ordinary cosmetics recorded, the inconsistency between the production and feeding time and the actual process of the record, the existence of other problems in the production quality management system, the production of cosmetics that do not meet the technical specifications, and the publication of false advertisements.
The Guangdong Provincial Food and Drug Administration issued a warning information on the safe consumption of 5 types of cosmetics
On January 2, 2024, the Guangdong Provincial Food and Drug Administration issued a warning information on the safe consumption of cosmetics such as Nisyang Radiance Key Cream. After verification, the 5 products marked as Shenzhen Haihui Industrial Co., Ltd. have been cancelled for the record, and the cosmetics production license of the relevant manufacturer, Guangzhou Keran Biotechnology Co., Ltd., has been cancelled on May 24, 2023. If consumers find the above-mentioned products, the products may be suspected of being counterfeit products, and they can file complaints and reports with the local regulatory authorities.
【Copyright Notice】This article is the author's independent point of view and does not represent the position of Pinguan.com/Pinguan APP. If you need to reprint, please contact the original author. If you need to authorize other content on this site, please contact [email protected].
![Terrible! Kardashian once pushed the "vampire mask" and now infects many people in Europe and the United States with HIV?![fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)