Proya has become the second-largest shareholder of Bi Sheng Zhi Yan.

Proya acquired a 19% equity stake in the parent company of Bi Sheng Zhi Yan for 313 ten thousand yuan, becoming its second-largest shareholder, and simultaneously invested 1 hundred million yuan to become a limited partner in the Zhengxin Valley Fund, further expanding its capital layout.

YAN BEAUTY REVIEW9/17/2026, 21:47:032 views

IRY's "Dual-Layer Intervention": A Domestic Acne-Treatment Brand Creates a New Paradigm for Scientific Skincare

Leveraging its patented "Antibacterial + Biofilm Intervention" dual-layer intervention technology, IRY has built a complete chain from mechanism research to user services, leading the domestic acne-treatment sector into a new stage of systemic competition.

YAN BEAUTY REVIEW9/15/2026, 23:42:4820 views

Briefing

/17September. 2026Latest update

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21:47

Supergoop! hires Jamie Parker from Coty as its first Chief Commercial Officer

Sunscreen brand Supergoop! announced the appointment of Jamie Parker as Chief Commercial Officer, effective from 9 month 28 day. Parker previously served as Senior Vice President and General Manager for the US region at beauty giant Coty, bringing extensive experience across premium and mass markets, as well as retail and e-commerce. He will lead Supergoop!'s global commercial organization, covering retail, e-commerce, and retail marketing, and will be responsible for accelerating existing business growth, expanding brand reach, strengthening strategic retail partnerships, and building a consistent consumer experience. Supergoop! CEO Melis del Rey stated that Parker's diverse background and transformational leadership will help the brand advance toward becoming a global leader in skin health. Parker emphasized that Supergoop! has reshaped perceptions of the sunscreen category, and he looks forward to integrating global commercial strategies, deepening collaborations, and reaching new consumers. This executive appointment comes as the brand seeks its next phase of growth, with industry observers noting that its channel expansion and brand upgrade strategies are worth watching.

17:55

L'Oréal's market capitalization surpassed that of LVMH, becoming the French listed company with the highest market capitalization

According to Reuters, on 9 15, local time, the market capitalization of cosmetics group L'Oréal surpassed that of Louis Vuitton's parent company, LVMH Group, making it the French listed company with the highest market capitalization. This change was mainly due to slowing growth in high-end luxury goods sales, sluggish performance by LVMH Group, and a continuous decline in its stock price. Since the beginning of this year, L'Oréal Group's stock price has risen by nearly 4%, while LVMH Group's stock price has fallen by nearly 37%. In addition, LVMH Group's market capitalization dropped out of the top ten European listed companies by market capitalization on that day. The global luxury industry has continued to contract over the past three years, while the cosmetics industry has demonstrated greater resilience. This shift in market capitalization rankings reflects diverging market expectations for the prospects of mass-market consumer goods versus high-end luxury goods, sending a positive signal for the beauty industry.

11:20

Change in France's Top Market Capitalization: L'Oréal Surpasses LVMH

According to Reuters, on the 15th local time, the market capitalization of cosmetics group L'Oréal surpassed that of Louis Vuitton's parent company, LVMH Moët Hennessy Louis Vuitton (LVMH), making it the listed company with the highest market capitalization in France. By the close of the French stock market on that day, LVMH's share price fell by 2.64%, and its market capitalization dropped to approximately 2010.33 hundred million euros; L'Oréal's share price fell by 0.78%, with a market capitalization of about 2030.46 hundred million euros. Since the beginning of this year, L'Oréal's share price has risen by nearly 4%, while LVMH's share price has fallen by nearly 37%. Analysts pointed out that this is the first time since 2017 that a non-luxury company has held the top market capitalization position at the close of trading on the Euronext Paris. In addition, LVMH's market capitalization fell out of the top ten in Europe on that day. The global luxury industry has continued to contract over the past three years; according to data from Bain & Company, approximately 6000 ten thousand consumers have stopped purchasing luxury goods. This change in market capitalization leadership reflects the divergence between weak demand for high-end luxury goods and the resilience of the mass beauty market, which may trigger a reevaluation within the industry regarding business diversification and counter-cyclical capabilities.

11:20

Colgate-Palmolive explores selling personal care brands for 10 hundred million US dollars

Colgate-Palmolive is considering selling Softsoap, Irish Spring, Speed Stick and other personal care assets, with the potential transaction valued at more than 10 hundred million US dollars. It is reported that the company is working with Goldman Sachs to evaluate the possibility of divesting some personal care brands, covering categories such as deodorants, bar soaps, body washes and skincare. In 2025, Colgate's personal care business (including mass and premium brands) accounted for 17% of the group's net sales, approximately 35 hundred million US dollars. This sale plan comes as the company faces increasingly fierce competition in the North American market, with organic sales declining by 3% in the latest quarter, despite a 4.9% growth in the group's net sales. If the deal is completed, Colgate will streamline its personal care product portfolio and concentrate resources on core and high-priority brands, reflecting the trend in the consumer goods industry toward a more focused brand portfolio amid rising costs, tariff pressures and weak consumer spending.

11:20

Puig acquires the remaining shares of Isdin for 12 hundred million euros

Spanish beauty group Puig recently announced that it has reached an agreement with the Spanish chemical and pharmaceutical group Corporación Químico-Farmacéutica Esteve (CQFE) to acquire the remaining 50% equity stake it holds in the dermatological skincare brand Isdin, for a transaction amount of 12 hundred million euros. Upon completion of this acquisition, Puig will achieve full ownership of Isdin. Isdin is a leading dermatological skincare brand in Spain, with a strong market position in areas such as sun protection and skin repair, and its products are sold in multiple markets worldwide. In recent years, the Puig Group has continuously strengthened its layout in the high-end beauty and dermatological science sectors through mergers and acquisitions. This full ownership of Isdin will further consolidate its competitiveness in the skincare segment and is expected to help expand its global market by leveraging Isdin's advantages in pharmacy channels. The transaction is still subject to approval by relevant regulatory authorities and is expected to be completed within the next few months.

11:20

Shangmei Shares' market capitalization evaporated by over 300 hundred million yuan: first-half net profit fell by nearly eighty percent, selling expense ratio 66%

Shangmei Shares (02145.HK) recently released its interim results for the year 2026, with first-half revenue of 37.56 hundred million yuan, a year-on-year decrease of 8.56%; net profit was 1.1 hundred million yuan, a sharp year-on-year drop of 79.36%. The selling expense ratio climbed to 66%, far higher than Proya's 53%, while the R&D expense ratio was only 3.75%. Following the earnings announcement, the stock price plunged 22.8% in a single day, with a cumulative decline of 78% from last year's high, and market capitalization evaporated by approximately 319 hundred million Hong Kong dollars. The company is heavily reliant on the Kans brand, which accounts for 80.2% of its revenue, but Kans' first-half revenue declined by 20%, and a previous trust crisis triggered by the detection of the banned ingredient EGF in its products further impacted sales. Although the company has launched a multi-brand portfolio, the growth of new brands failed to offset the decline of Kans. Founder Lv Yixiong described the performance as a phase-related fluctuation, noting that positive growth had returned in 7 and 8, but the market remains skeptical about the sustainability of its high marketing-dependence model.

Latest News

Proya became the second largest shareholder of BISHENGZHIYAN

Proya acquired 19% equity of BISHENGZHIYAN's parent company for 313 ten thousand yuan, becoming the second largest shareholder, and also invested 1 hundred million yuan to become an LP of Zhenxingu Fund, further expanding its capital deployment.

YAN BEAUTY REVIEW09/17/2026Proya

L'Oréal overtakes LVMH, global beauty market value rankings reshuffle

L'Oréal's market value overtakes LVMH by a narrow margin of 11 hundred million euros, returning to first place in French market value, reflecting that the market's premium for the certainty of beauty efficacy is higher than the halo of luxury brands.

YAN BEAUTY REVIEW09/17/2026L'Oréal

"World's Best Lip Balm" Fails in China for the Second Time

Australian lip balm brand Lanolips has closed its Xiaohongshu store and suspended official operations in China, marking two failed attempts to enter the Chinese market in six years.

YAN BEAUTY REVIEW09/17/2026Foreign Beauty

IRY's "dual-layer intervention": domestic acne brand creates a new paradigm for scientific skincare

IRY leverages its "bacteriostasis + biofilm intervention" dual-layer intervention patent to build a complete chain from mechanism research to user service, leading the domestic acne track into a new stage of systematic competition.

YAN BEAUTY REVIEW09/15/2026IRY

Proya enters the largest beauty retailer in the United States: Is the "American moment" for Chinese beauty here?

Proya's main brand will enter 11 core stores of Ulta Beauty in the United States in 400 month, launching the Ruby and Source Power series, marking its shift from product export to brand export.

YAN BEAUTY REVIEW08/21/2026Proya