2015-05-28 15:21

 

L'OREAL, Estee Lauder's high-end cosmetics set off a price cuts

 

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CNDSN May 28 -- (people's Daily Online Fashion Channel) of the Ministry of Finance 25 announced that since June 1, to reduce the import tariff of the part of the clothing, footwear, skin care products, diapers and other consumer goods, a decline of more than 50%. Just two days, L'OREAL, Estee Lauder's two major cosmetic brands have announced that it will cut prices in the Chinese market.

26, the French cosmetics giant L'Oreal announced that will be most on China's export products implementation of price, in order to boost the sales of the Chinese market, L'Oreal to become the first to declare a wide range of price of foreign skincare brand. L'Oreal said, "despite the decline in the import tariff on retail price impact is very limited, L'Oreal still decided to respond positively to the national policy, price cut most of the imported products, I believe it will help to encourage domestic consumption. L'Oreal Lancome, Shu Uemura and Helena and so on many brands, for the price of brand and price range, at present the L'Oreal also did not disclose the specific.

Following the L'Oreal yesterday announced price cuts, another well-known cosmetics Estee Lauder group also announced yesterday will adjust the price of its product sales in China, Estee Lauder China in a statement pointed out that the Estee Lauder companies on the Chinese government to reduce tariff measures deeply support. "In response to these initiatives, we will adjust the product price in the Chinese market.. We understand the impact of the policy to the retail price is limited, but we believe that this has a positive impact on the future boost domestic consumption ". It is reported that with L'OREAL in China, Suzhou has a different local factories, Estee Lauder's sales in China are currently imported. Estee Lauder group, La Mer, Estee Lauder, Clinique and other more than ten well-known imported cosmetics brands have, for specific price brand and price cuts, the company currently being discussed, specific information that later will be published.

At this time, in policies and Olle Yaya Shi Lan de import tariffs on cosmetics good has adjusted the impact of price strategy, imported cosmetics prices down will become the new trend of development, help to spur the domestic cosmetics market consumption. 3

Editor: Wan Wan