December 2022 Makeup Industry News

1. According to the data of the National Bureau of Statistics of China: the total retail sales of cosmetics in November 2022 was 56.2 billion yuan, a year-on-year decrease of 4.6%; the total retail sales of cosmetics from January to November was 365.2 billion yuan, a year-on-year decrease of 3.1%.
2. “Shanghai Fashion Consumer Goods Industry High-Quality Development Action Plan (2022-2025)”: Strive to increase the scale of Shanghai fashion consumer goods industry to over 520 billion yuan by 2025, and cultivate 3-5 leading enterprise groups with revenues of 100 billion yuan.
3. Estee Lauder China Innovation R&D Center officially opened in Shanghai. At the center, The Estée Lauder Companies will focus on innovations in green chemistry, responsible sourcing and sustainable packaging.
4. North Bell and the distributor of matsutake mycelium products [Shengze Matsutake] will cooperate in depth in the field of matsutake cosmetic raw materials and terminals to speed up the transformation of cosmetics into products ability.
5. DTC skin care brand InnBeauty Project received 83.42 million yuan in Series B financing, led by ACG. It has entered the Sephora channel, and its products include essential oils, etc., and the price is 170-330 yuan.
6. The “Xi Dayuan Frozen Magic Book Gift Box” series was launched offline in WOW COLOR. This series contains guaiac wood essence and other products, claiming to be able to repair oil-sensitive skin. The store price is 329 yuan.
7. Carslan launched a new product “True Life” powder cream, claiming to adopt 4D Prebiotics skin nourishing technology and innovative condensed water light cream texture, which can maintain and nourish the skin, 24H sticking to the skin, and no powdery feeling. The pre-sale price of the Tmall flagship store is 189 yuan.
8. The Korean maternal and child care brand Gongzhong Mice will launch the skin care cream, which claims to add Royal Oji Complex moisturizing ingredients, which can moisturize for 72 hours. The overseas flagship store activity price is 166 yuan.
9. Colorkey launched a new product [Lip Velvet Lip Glaze], which claims to add vacuum silica powder, the skin feels light and elastic, and can be used for both lips and cheeks. The price of Tmall flagship store is 79 yuan.
10. Topfeelpack will still focus on the development of makeup packaging in December. It is reported that the development of its cosmetics field has incredible growth, and they will go to Italy to participate in the exhibition in March next year.
11 Ningxia Hui Autonomous Region Food and Drug Administration: Among 100 batches of cosmetics such as creams and hair products, only 1 batch of Rongfang Shampoo was disqualified because the total number of colonies did not meet the standard.