In the first half of 2025, Sephora’s Beijing and Shanghai entities posted a combined net loss of RMB 120 million [approx. USD 16.5 million].

L’Oréal Group appoints Jesus Abia as General Manager of Travel Retail for the Asia-Pacific region, succeeding Zhang Tao; Shanghai Jahwa appoints Lin Xiaohai as Chief Executive Officer and General Manager.

Shanghai Jahwa has completed another acquisition of a maternal and child company.