日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Beauty business tilts from West to East

By Wang Zhuoqiong (China Daily) Updated: 2016-03-08 08:10

Beauty business tilts from West to East

South Korean cosmetics brand Sulwhasoo's counter at a shopping mall in Beijing. [Photo provided to China Daily]

Patronage of Chinese consumers switches to South Korean and Japanese cosmetic brands from European and American labels

An increasing number of Chinese consumers of foreign cosmetic products are switching allegiance to South Korean and Japanese brands from French and US labels.

Of the global beauty and personal care products bought by Chinese consumers in the Past six months, South Korean brands accounted for 47 percent, followed by Japanese labels at 29 percent and French ones at 24 percent, according to Overseas Online Shopping, a research report by Mintel Group Ltd, an independent United Kingdom firm that tracks the global fast-moving consumer goods industry.

Reasons are not far to seek. South Korean brands offer a wide range of products at competitive prices. For instance, Innisfree alone offers more than 2,000 products for in-store experience.

In addition, South Korean cosmetic makers adopt smart strategies like targeting tourists, particularly high-spending Chinese consumers, at airports and malls through duty-free outlets.

From Feb 4, stores of Aritaum, Laneige, Innisfree and Etude in major commercial districts in South Korea even started providing instant cash refund of sales tax to foreign tourists.

What's more, two Aritaum stores in Gangnam and Myeong-dong areas of Seoul opened plush tax refund lounges exclusively for international customers.

Similarly, Japanese brands pamper visiting millions of Chinese tourists every year with high-quality products.

That is not all. The humongous China market is becoming increasingly important for global cosmetics players. South Korean and Japanese cosmetic brands, particularly the former, are aggressive in their efforts to penetrate the China market.

According to South Korea customs, exports of makeup and beauty products to China alone almost doubled to $1.19 billion in 2015, while overall exports rose nearly 53 percent year-on-year to $2.9 billion.

Put differently, China now receives 41 percent of South Korea's cosmetics exports. South Korea's color cosmetics, whose average price is under 300 yuan ($45), sell better in China.

No wonder, AmorePacific Co, South Korea's leading cosmetics and beauty products maker, has a sales network covering more than 350 cities in China. On Feb 26,, it signed an agreement with Alibaba Group Holding Ltd to sell its high-end brands Sulwhasoo and IOPE on Tmall.com this year.

Tmall, Alibaba's e-commerce website, will thus sell AmorePacific's full range of seven brands in China.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日日躁夜夜躁 | 六月婷婷激情 | 在线看免费av | 国产精品3 | 欧美自拍偷拍第一页 | 大号bbwassbigav另类 | 一级做a爰片久久毛片潮喷 亚洲欧美一区二区三区久久 | 久久国产精品无码网站 | 国产一级片免费 | 精品不卡一区 | 亚洲久草视频 | 天天操天天操天天干 | 一区二区不卡视频在线观看 | 日韩一区在线视频 | 国产一级久久久 | 亚洲精品永久免费 | 国产欧美在线观看视频 | 成人在线视频免费看 | 国产主播av | 国产精品91在线观看 | 久久精品综合 | 国产在线播放一区 | 一二区精品 | 久久夜靖品2区 | 欧美四区 | 精品国产一区在线 | 国产专区第一页 | 91麻豆成人精品国产 | 第四色在线视频 | 精品久久国产视频 | 激情综合五月天 | 精品毛片一区二区三区 | 大地资源1080在线观看 | 97福利视频| 一级片视频免费看 | 婷婷五月色综合 | 国产精品一区二区三区四区 | 国产成人三级在线观看视频 | 亚洲天堂国产 | 欧美天堂一区 | 毛片视频网站在线观看 |