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: 高陵县| 沈阳市| 延川县| 浦县| 临沂市| 梁平县| 垫江县| 茌平县| 平山县| 资阳市| 榆社县| 永川市| 北川| 灵山县| 常熟市| 庆安县| 安乡县| 昭苏县| 邢台市| 武胜县| 晋城| 唐海县| 门头沟区| 武穴市| 铁岭县| 南京市| 巴青县| 建水县| 通化县| 凤台县| 百色市| 潼关县| 东海县| 衢州市| 东平县| 宜春市| 大悟县| 蓝山县| 英山县| 瓦房店市| 临泉县| 静乐县| 西丰县| 武定县| 通许县| 马边| 万宁市| 克东县| 鄱阳县| 安陆市| 固原市| 六枝特区| 平凉市| 澎湖县| 尉犁县| 太白县| 醴陵市| 鄱阳县| 葵青区| 横山县| 闸北区| 洛浦县| 卫辉市| 平潭县| 大悟县| 额敏县| 昆明市| 乐东| 田阳县| 玛沁县| 丰原市| 景东| 台北市| 新野县| 吴桥县| 延安市| 保定市| 临高县| 盐津县| 繁昌县| 富顺县| 岳阳市|