L'Oréal North Asia President on China Consumer Recovery

The video discusses the recovery of the beauty market in China post-pandemic, highlighting the return of offline consumer traffic and the impact of domestic and international travel trends. It explores changes in consumer spending habits, emphasizing the demand for quality and innovation. The discussion also covers the influence of macroeconomic factors like youth unemployment on business strategies, investment and expansion plans in North Asia, and the balance between online and offline sales. Additionally, it addresses the rise of local brands and potential M&A opportunities in the beauty sector.

In what ways are Chinese consumers becoming more sophisticated in their beauty product choices?

How does the beauty market balance online and offline sales channels?

What opportunities exist for local brands in the beauty industry in China?