男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
USEUROPEAFRICAASIA 中文雙語Fran?ais
Lifestyle
Home / Lifestyle / Fashion

Cosmetic giants lower prices

By Sun Yuanqing | chinadaily.com.cn | Updated: 2015-06-29 09:50

Cosmetic giants lower prices

Clinique's three step facial comestics. Photo provided to chinadaily.com.cn

US cosmetic giant Estee Lauder Companies will reduce the price of some of its most popular products in China from July 1, after the Chinese government lowered import tariffs to stimulate domestic consumption.

"By reducing prices, we hope that more consumers in China will now experience the quality and efficacy of our most iconic products together with our expert advice and high level of personal service," the company says in a statement.

The price reduction will cover all skincare and make-up brands owned by the company, including Estee Lauder, Clinique, La Mer, Origins, MAC, Bobbi Brown and Lab Series. The reduction in price ranges from 11 percent on a best-selling La Mer facial cream to 23 percent on an Origins essence.

China’s Ministry of Finance announced that it will reduce import tariff by an average of 50 percent, on products such as apparel, shoes, cosmetics and diapers, effective June 1. The tariff on cosmetics will fall from 5 percent to 2 percent.

In May, French cosmetic company the L’Oreal Group announced that it will reduce the price of most of its imported products.

"Although the impact of tariff reduction on the retail price is very limited, we think the government's move is positive to the market. And our decision will further encourage consumption in China," the company said in a statement.

The move is considered to be a countermeasure to the slowdown in the Chinese market, analysts say.

China's luxury market declined slightly for the first time last year, as a result of economic slowdown, the government's crackdown on gifting and increasing overseas purchase.

At the same time, the wide price gap of imported goods in China and Europe and the United States are driving a grey market of scalpers.

"The price reduction will strengthen the connection between the brands and the customers. It will help the brand to maintain their long-term value and might trigger more brands to follow suit," He Mu, founder and chairman of Shanghai-based consulting firm Wisdom Aid, tells China Daily.

The move echoes Chanel's decision in March to cut the prices of three signature handbags in China while raising them in Europe. It has since been joined by other luxury brands including Dior, Prada, Cartier, Patek Philippe and Gucci, with price reduction up from 5 percent.

Related:

Explore the beauty of Chinese Costume in Rome

Ma Ke is out to break fashion's hierarchy

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 和顺县| 曲阳县| 福贡县| 淄博市| 芦山县| 安徽省| 罗城| 龙里县| 永城市| 尖扎县| 长沙市| 文安县| 达州市| 霍山县| 剑川县| 那曲县| 廊坊市| 惠东县| 江川县| 含山县| 苍溪县| 远安县| 富蕴县| 志丹县| 高邑县| 南安市| 承德市| 绥化市| 永德县| 周口市| 梓潼县| 屯昌县| 民权县| 苍梧县| 鹰潭市| 土默特右旗| 蕉岭县| 庐江县| 新田县| 巴林右旗| 云南省| 西吉县| 汤阴县| 亚东县| 芦山县| 南漳县| 巫溪县| 赣州市| 绥宁县| 黄石市| 呼和浩特市| 乌鲁木齐市| 仙居县| 永平县| 法库县| 高安市| 临潭县| 南靖县| 千阳县| 龙胜| 南京市| 含山县| 资溪县| 洞口县| 治县。| 南江县| 新昌县| 宝山区| 大方县| 海阳市| 汤原县| 泾川县| 东乌珠穆沁旗| 和龙市| 象山县| 宜兴市| 年辖:市辖区| 连云港市| 牡丹江市| 石首市| 闽侯县| 苏州市|