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: 国产女人高潮毛片 | 黄色a大片 | 久草视频在线免费播放 | 中文字幕网站在线观看 | 亚洲成人自拍 | 中国精品毛片 | 国产精品入口夜色视频大尺度 | 婷婷丁香久久 | 妇女毛片 | 天堂在线视频免费观看 | 性瑜伽xxxtⅴ| 欧美二区在线 | 欧美激情喷水 | 五月天激情片 | 四虎免费av | 一级特黄特色的免费大片视频 | 在线不卡视频 | 最近日韩免费视频 | 欧美又粗又深又猛又爽啪啪九色 | 亚洲国产精品第一页 | 国产精品欧美综合亚洲 | 免费观看av网站 | 日韩美女在线 | 偷拍超碰| 亚洲视频一区在线观看 | av日日夜夜| 欧美日韩后| 欧美高清不卡 | 黄色av大全 | 亚洲国产精 | 欧美中文字幕一区 | 深夜久久| 国产无遮挡 | 毛片一级在线观看 | 亚洲黄色精品视频 | 亚洲区中文字幕 | 日韩中文在线播放 | 天堂视频在线观看免费 | 国产 欧美 精品 | 欲妇荡岳丰满少妇岳91白洁 | 婷婷色中文网 |