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BEAUTY'S BIG HITTERS: K-BEAUTY VS J-BEAUTY

机译:美丽的大击球手:K-Beauty vs J-Beauty

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East Asia's two personal care product industry giants-Japan and South Korea-have long been competing for major slices of the regional and global beauty market.At present,however,Japan's industry seems to be performing more solidly than its rival,which is struggling with the fallout of diplomatic problems with Asia's largest market,China.This is despite South Korean domestic personal care product sales reaching US$10.7bn in 2018,according to market researcher Mintel-a notable improvement on $9.9bn in 2017.But times are clearly getting tougher for the K-beauty sector.Its long-time flagship,Amorepacific,for example,saw its operating profits halve to South Korean won KWN549bn($491m)in 2018.”For domestic brands it was a pretty underwhelming year for sales inside Korea,amid Chinese tourism still being disrupted because of the THAAD spat between Seoul and Beijing,”says Oliver Matthew,Head of Asia Consumer Research at CLSA,referring to South Korea's 2017 decision to allow the US to install the THAAD missile defence system on South Korean soil.
机译:东亚的两家个人护理产品行业巨头 - 日本和韩国 - 长期以来一直在竞争区域和全球美容市场的主要片。然而,现在,日本的行业似乎比其竞争对手更加稳定,这是挣扎的亚洲最大的市场外交问题的外交问题。这是2018年韩国国内个人护理产品销售额达到107亿美元,根据市场研究员Mintel - 2017年的99亿美元显着改善。但是时间显然越来越强硬对于K-Beauty Sector。例如,长期旗舰,例如,在2018年将其运营利润大跌至于韩国人Kwn549bn(491米)。“对于国内品牌而言,韩国内部销量是一个相当强大的销售年份,由于首尔和北京之间的泰国斯帕特,中国亚洲消费者研究负责人奥利弗马太说,在中国消费者研究领导,指的是韩国2017年决定允许美国允许美国安装韩国土壤中的泰国导弹防御系统。

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