Yatsen’s revenue rises, but loss widens on heavy marketing spending
Yatsen Holding Ltd. (YSG.US) on Wednesday reported its revenue rose 5.1% year-on-year in the second quarter to 1.14 billion yuan ($170 million), as strong double-digit gains for its skincare products…
Forest Cabin invests $55 million in structured deposit products
Skincare products maker Shanghai Forest Cabin Cosmetics Group Co. Ltd. (2657.HK) said on Monday that it purchased 370 million yuan ($55 million) worth of structured deposit products from China Everbright Bank,…
Is Yatsen setting its sights on famous but struggling Erno Laszlo?
Recent signals hint the Chinese skincare and cosmetics maker could be eying a purchase of the U.S. brand, whose sale to a Chinese investment group was disclosed this week Key…
BRIEF: Yatsen pares losses on booming skincare business
Cosmetics retailer Yatsen Holding Ltd. (YSG.US) announced on Monday that its revenue rose 26.7% last year to 4.3 billion yuan ($614.6 million), up from 3.39 billion yuan in 2024. Its…
Good product? Perhaps, but HBN’s real glow comes from guerilla marketing
The skincare brand has filed to list in Hong Kong, reporting meteoric profit growth in the six years since its launch in 2019 Key Takeaways: HBN has applied for a…
BRIEF: Forest Cabin rises in Hong Kong debut
Shares of skincare products maker Shanghai Forest Cabin Cosmetics Group Co. Ltd. (2657.HK) opened up 9.3% at HK$85 in their Hong Kong trading debut on Tuesday, then continued to rise to close up…
Forest Cabin outpowers L’Occitane, global rivals with aggressive marketing
The 22-year-old skincare brand has filed for a Hong Kong IPO, boasting a higher gross margin than its larger European peer Key Takeaways: Forest Cabin has filed for a Hong…