国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Focus

New cosmetics shops bucking virtual trend

By ZHENG YIRAN | China Daily | Updated: 2021-03-30 09:23
Share
Share - WeChat
Visitors check out makeup products at an outlet of The Colorist in Shanghai in October. [Photo provided to China Daily]

Youth-oriented brick-and-mortar makeup venues show that being there still matters

During the past year when brick-and-mortar stores of all sorts were having a difficult time, newly emerged offline makeup collection stores sustained their rapid expansion in spite of the pandemic.

By January 2020, Shenzhen, Guangdong province-based The Colorist, had opened more than 50 stores in 20 cities across China.

Guangzhou-based Wow Colour established nearly 300 offline stores throughout 2020.

H.E.A.T, also based in Guangdong's capital city, had its finger on the fast-forward button as well of late. Between July 2020 and December 2020, it opened nine brick-and-mortar stores, with average monthly sales revenue surpassing 800,000 yuan ($123,040).

The growth was achieved despite the overall downward trend of China's cosmetics sector. According to a report by management consulting firm McKinsey& Co, February 2020 sales revenue of China's cosmetics and personal care sector dropped by 80 percent year-on-year.

"Many offline stores and commission agents said that the pandemic had inflicted heavy losses on traditional physical cosmetics stores. Self-employed sector participants saw many closures, while most of the traditional chain stores canceled expansion plans. In contrast, the quick expansion of new makeup stores during the pandemic period demonstrated boldness," said a market research report from cbo.cn, a Wuhan, Hubei province-based cosmetics industry news portal.

And the expansion of new players proved to be a success. In September and October 2019, customer volume at new stores of The Colorist in Shenzhen and Guangzhou each surpassed 14,000 on opening day, with people visiting the stores lined up.

On Jan 15, 2020, the day that the first store of The Colorist in Beijing cut the ribbon, daily sales revenue surpassed 200,000 yuan.

Before the opening of The Colorist store in Guangzhou's OneLink Walk shopping mall, Cecilia Chen, a 26-year-old office clerk, had been planning to visit the store for days.

"On opening day, my friend and I arrived at the shopping mall at 9:40 am, 20 minutes earlier than its opening time, just to squeeze into the first batch of visitors to the store," said Chen.

When they arrived, they found that the shopping experience was worth the wait, she recalled.

1 2 3 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
运城市| 新密市| 揭东县| 井研县| 汉川市| 扬中市| 阿克苏市| 五家渠市| 马龙县| 中牟县| 灵丘县| 太白县| 双牌县| 古交市| 开江县| 五常市| 青川县| 启东市| 芦山县| 北宁市| 南雄市| 明星| 鄢陵县| 芷江| 温州市| 毕节市| 镇宁| 福清市| 南溪县| 平乡县| 淅川县| 巴楚县| 潜山县| 江永县| 礼泉县| 容城县| 东明县| 三台县| 隆林| 乌兰浩特市| 临夏县|