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July 20, 2023

Recombinant Collagen Sees Significant Growth in China’s Cosmetic Market

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On July 20th, Chinese company Jinbo Bio was listed on the Beijing Stock Exchange, becoming the first listing recombinant collagen company in China’s A-share market. As the concept of efficacy skincare becomes increasingly popular, recombinant collagen has also gained more attention in the Chinese cosmetics market. It is expected that by 2026, the market size …

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Coty Issues $750 Million in Notes to Get Out of Debt Further

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Coty is scheduled to be repaid in full by the end of 2023 from cash generated from operations and revolving credit facility liquidity. On July 19th, Coty and its two wholly-owned subsidiaries announced that they will issue $750 million of 6.25% senior secured notes (the “Notes”), which will mature in 2030. The issuance is expected …

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Hainan Cosmetics Exports in H1 Increase 430% YOY to Nearly 100M Yuan

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Beauty and toiletries imported 11.716 billion yuan ($1.6 billion) in the first half of the year, down 23.1% year on year. On July 19th, the news conference on Hainan Province’s foreign trade for the first half of 2023 was held in Haikou. According to the statistics from Haikou Customs, the total import and export value …

Hainan Cosmetics Exports in H1 Increase 430% YOY to Nearly 100M Yuan Read More »

Recombinant Collagen Sees Significant Growth in Chinese Cosmetic Market

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On July 20th, Chinese company Jinbo Bio was listed on the Beijing Stock Exchange, becoming the first listing recombinant collagen company in China’s A-share market. As the concept of efficacy skincare becomes increasingly popular, recombinant collagen has also gained more attention in the Chinese cosmetics market. Jinbo Bio’s revenue surged by 67.5% in 2022 According …

Recombinant Collagen Sees Significant Growth in Chinese Cosmetic Market Read More »

HKD58.2 million! Sa Sa International Achieved Profitability for the First Time Since the Pandemic

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On July 18th, Hong Kong beauty retailer Sa Sa International released its annual report for the 23 fiscal year. According to the report, Sa Sa International achieved profitability for the first time since the pandemic, reaching 58.2 million Hong Kong dollars. Meanwhile, Sa Sa International has seen two consecutive years of turnover growth since 2021. …

HKD58.2 million! Sa Sa International Achieved Profitability for the First Time Since the Pandemic Read More »

Givaudan Fragrance & Beauty Achieves CHF 1.672B in H1

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Givaudan plans to realize organic sales growth of 4-5% year-on-year in the future. Today (July 20), Swiss flavors and fragrances giant Givaudan announced its 2023 half-year financial report. in the first half of 2023, Givaudan achieved sales of CHF 3.535 billion ($4.1 billion), up 2.4% year-on-year, and down 3.2% in CHF terms. (Credit: from Givaudan) …

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SK-II Inaugurates The PITERA™ Science Expert Panel

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According to research results, PITERA™, a natural ingredient made from SK-II’s proprietary yeast fermentation process, reduces “AT-0″2 and prevents the aging chain reaction, keeping skin looking younger. Today (July 20), SK-II debuted new discoveries about skin aging, launched innovative products, and established the first PITERA™ Science Expert Panel comprised of the world’s leading dermatologists, according …

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First Stock of Recombinant Collagen on the Beijing Stock Exchange, Jinbo Bio, Released

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In 2022, gross margin performance of Jinbo Bio. has surpassed Bloomage Biotech, Trauer Biotech, and Vazyme. It exceeded the average as well as Giant Bio., which is already listed on the Hong Kong Stock Exchange. Today (July 20), Shanxi Jinbo Biopharmaceutical Ltd. (stock abbreviation: N Jinbo) goes public in the Beijing Stock Exchange, stock code …

First Stock of Recombinant Collagen on the Beijing Stock Exchange, Jinbo Bio, Released Read More »

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