American Business Company ID: NewMSS
Focus on beauty new retail. More cutting-edge, more rational and more in-depth industry content is all in the American Chamber of Commerce.
L'Occitane
On November 26, L'Occitane released its interim results for fiscal 2019. For the six months ended September 30, 2018, L'Occitane achieved net sales of €595 million, an increase of 8.6% over the same period last year. Net profit attributable to shareholders was EUR 6.814 million, a decrease of 38.49% year-on-year. Same-store sales in the Chinese mainland market grew by 7.6%, down from 15.8% in the same period last year; sales in tmall mall, the main channel of e-commerce, slowed due to increased competition, compared with triple-digit sales growth in the same period last year.
Comments: Can't get around the hurdle.
Eternal Asia
On November 22, the 2019 Project Kick-off Meeting of Qimeitong & Yiyatong was held in Shenzhen Yiyatong Integrated Logistics Center. Bayer's sunscreen brand Qimeitong announced that in 2019, Yiyatong will be the exclusive general agent of the national offline market, comprehensively helping Qimeitong to cover the national offline market at all levels. It is foreseeable that in the future, Yiyatong will give full play to the advantages of its domestic supply chain leading enterprises and gain momentum in the sunscreen market and the field of beauty.
Comments: Joining forces.
Innisfree
South Korean makeup brand Innisfree recently opened its first official store in the Philippines. The mall of asia, the largest shopping mall in Manila, the capital of the Philippines, with a total area of 148 square meters, attracted a large number of customers on the first day of opening. The store mainly promotes highly popular products such as green tea seed essence and Hanlan child face cream, as well as volcanic rock pore masks that solve pore problems, mineral oil control powder, etc.
Review: Effort.
HALF
On November 23, POLA, a Japanese high-end makeup brand with a long history, entered Nanjing for the first time and officially opened on the first floor of Deji Plaza. It is reported that this is the world's first new image counter in POLA, the first time to use a new design, using a different black material, creating a popular and elegant luxury space.
Review: Mystery.
Prose
Prose, a New York-based brand of professional hair care products, recently announced the completion of a $18 million Series B funding round, led by private equity firm Insight Venture Partners, with the participation of existing investors Forerunner Ventures, ISAI, Lerer Hippeau Ventures and Correlation Ventures. Nicolas Wittenborn, head of Insight Venture Partners, will join Prose's board of directors.
Comments: Awesome.
【100 Chinese micro-businessmen】