It’s worth noting that in 2023, Yatsen Holding’s annual R&D expenses amounted to 110 million yuan, with the annual R&D expenditure ratio increasing from 2.4% in 2021 to 3.3%.
In 2023, Botanee expanded into overseas markets by establishing its Southeast Asia regional headquarters in Bangkok, Thailand.
Proya has announced its intention to explore opportunities for overseas expansion.
In January 2024, the actual sales volume in the mainland China market was very optimistic, and the group was very satisfied.
The major shareholder of Jiangsu Chuangjian Medical Technology Co., Ltd. is its founder and CEO, Qian Song, who directly holds 48.43% of Trautec’s shares.
The strong growth of 28.0% in the Chinese market is driving overall growth in the Asia-Pacific region, which has seen a 9.2% increase.
This report is based on a survey questionnaire conducted by Luxe.CO Intelligence collecting firsthand responses from 267 high-end skincare consumers.
Luxe.CO Intelligence presents our research findings and sit down with representatives from Biologique Recherche and Chantecaille.
This year, Shiseido Company has introduced a new mid-term strategy called “SHIFT 2025 and Beyond.”
L’Occitane Group Reports Strong 36% Growth in the Chinese Market for the Last Quarter
