SHANGHAI, April 27, 2023 /PRNewswire/ — S’Young Group Co. Ltd. (S’Young, The Company) (300740.SZ) has entered the annual ranking of China’s Top 100 Beauty Companies for the first time. Women’s Wear Daily (WWD) in 2022. Thanks to its excellent performance in 2022, S’Young has ranked 49th, joining other world-renowned beauty companies in the top 100 list. This debut marks a new milestone of great importance for S’Young.
WWD is a flagship publication of Fairchild Media, owned by Penske Media Corporation. Known as the ‘fashion bible’, the fashion industry trade newspaper provides information and intelligence on changing trends and news from the fashion, beauty and retail industries.
WWD Beauty Inc’s Top 100 is of significant importance as the “Global Beauty Industry Yearbook”, the ranking of the world’s largest beauty manufacturers is calculated by beauty sales for the calendar year 2022, conducting quantitative surveys scientific and rigorous analysis of the economic conditions of the company, which represents its authority through international scientific approaches.
Thanks to her 17 years of rich experience in managing beauty brands, S’Young was first named to the WWD Beauty Inc 2022 Top 100 list in 2023, ranking 49th. In the past challenging market environment plagued with various adverse factors such as the pandemic, SYoung has managed to maintain rapid growth in the beauty industry. With a central focus on technological innovation, rolling out a global expansion strategy, which solidifies its position as a stable player in the beauty industry.
As a trusted and preferred partner in China for global beauty brands, it has just inaugurated S’Young City, a new 180,000-square-meter, $200 million campus that integrates all departments of the headquarters in one place: R & D ; design; production and logistics. S’Young is committed to building a premium platform to connect with the Chinese market, and already cooperates with more than 30 beauty brands around the world and offers them complete solutions through omni-channel and full-dimensional developments. Its pioneering “CP” (China Partner) model has empowered beauty companies in brand positioning, differentiated communications, marketing, retail and supply chain management.
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