Red Luxury
L’Oreal Stays Fiercely Competitive in China
Cosmetics and beauty company L’Oreal announced its 12th consecutive year of double-digit growth in China. The company’s revenue grew by 12.4 percent in 2012 to reach 12.05 bil...
Insiders Estimate Sephora Pulls In $500 Million a Year From China
French beauty brand Sephora, child company of LVMH Moët Hennessy Louis Vuitton, recently celebrated the opening of its largest store in Asia. Encompassing 54,000 square feet and ...
Domestic Beauty Brands Use “Chinese Wisdom” To Edge Imports
“Natural” has become a key selling point for beauty products as consumers become more informed and safety-conscious. It has also given domestic Chinese beauty brands a competi...
Prices of Luxury Goods Rising in China
For those hoping that luxury goods prices will drop in China…that’s not happening.
Luxury products already have quite a high premium in mainland China compared to othe...
Fragrances On The Rise In China
The sales of beauty and personal care products have been on the rise in China as consumers, especially the young, have become more conscious of personal grooming.
Fragrances, in p...
Beauty and Personal Care Get Extra Boost from E-Commerce
The beauty and personal care market in China was valued at US$24 billion, or roughly $18 per capita in 2010. Thanks to increasing disposable incomes and advanced product innovatio...
Chinese Men Are Not Afraid of Using Fragrance
While the talk in the fragrance business for some time has been the growth potential among Chinese women, a new study by Mintel concludes that the men’s market shows promise.
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