Jul 30, 2020
Monthly Digest: China Cosmetics Industry Review | July 2020

Market updates

1.       China fashion retail companies Top100 report 2019-2020 was released in July. The total revenues of these TOP100 companies reached 732.84 billion yuan, increasing by 12.47%. 60 companies disclosed their proportion of online sales. Among them, most companies’ online sales accounted for 10% - 30% of total sales (31 companies), and only 7 companies saw online sale proportions reaching 30%-50%. Perfect Diary, Yujiahui (御家汇), and PROYA achieved a high online sale proportion rate of over 50%.

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Ye Chen
ChemLinked Research Analyst
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