NPD: Luxury Spending Booming in Mainland China
According to the Chinese Luxury Direct Retail Tracking released Thursday by The NPD Group Inc., almost two-thirds of global growth in luxury in 2020 is attributable to the Chinese market.
BEAUTYSTREAMS Reports on China Consumer Mindset Shifts
As the world struggles through different phases of lockdown, China has emerged as one of the most resilient markets.
Breaking News: State of the Beauty Industry in Wake of Coronavirus
Below, a recap from the meeting by Tengram’s Robin Lamb, which includes meeting participant feedback on brick and mortar replenishment orders, business in China; recovery of travel retail; messaging and transparency with employees.
From B2B to B2C: Anisa Beauty Launches Makeup + Skin Care Tools
Designed to simplify beauty routines, Anisa Beauty features sleek, purple-hued tools divided into three collections.
Lauder Raises Full-Year Guidance after Asia Sales Boom
As a result of the company’s local China strategy, which includes Alibaba’s Tmall marketplace, the Asia-Pacific region generated double-digit net sales growth in every major product category. The region saw a 25 percent growth, bringing total sales to $966 million for the quarter.
Key Trends Driving China’s Booming Beauty Market
To succeed in China it’s critical to understand the nuances of the Asian beauty consumer and the trends driving growth. To give brands a competitive advantage, CEW will host How to Win in China’s Beauty Market on Wednesday, April 24 at The Union League Club in midtown Manhattan.
Jefferies: Top 10 Preliminary Beauty Observations From Asia Travel
Jefferies spent two weeks in multiple AsiaPac markets and found core demand for beauty to be robust. Here, the top beauty observations from AsiaPac Markets, including the growing popularity of WeChat and Alibaba, as well as insights into consumer behavior and demand.
Jefferies: China Beauty Sales, Travel Trends Continue Deceleration
Without China’s double-digit increases, global beauty growth is likely to be 4% versus 7% from the year prior.
How Alibaba is Digitizing Retail in China
With the idea that the future of retail will not be a question of online vs. offline, Alibaba founder Jack Ma unveiled the company’s “New Retail” smartphone powered concept, which is taking off in China’s retail sector.
Lauder Posts Success in Q1 Despite New Retail Trends, U.S. Market
Growth came largely from Lauder’s recent acquisitions of Too Faced and BECCA. The company also benefitted from a continued acceleration in China, Hong Kong, travel retail and global online, as well as strength in several developed and emerging markets in Europe.
Bloggers Fueling Estée Lauder’s sales in China
The Group’s cosmetic sales in China jumped 20% for its first quarter due to the influence of beauty bloggers on millennials.
Bloggers Fueling Estée Lauder's sales in China
The Group’s cosmetic sales in China jumped 20% for its first quarter due to the influence of beauty bloggers on millennials.
