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Shiseido-Owned Baum Exits Chinese Market Amid Sales Decline

Catherine by Catherine
10/07/2024
in cosmetic news
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Baum, the J-beauty skincare brand under Shiseido’s umbrella, has announced its withdrawal from the Chinese market. Effective immediately, the brand will cease accepting new orders through its Tmall flagship store, following the recent closure of its physical locations last month.

According to a report from Jing Daily, Baum has also discontinued its mini program service in China. The brand’s customer service team, as cited by Qing Yangjin, attributes this decision to a ‘strategic adjustment’. Baum’s departure from China comes amidst a broader trend of international brands shuttering their Tmall flagships due to declining sales.

Qing Yangjin’s report highlights that J-beauty brands, including Baum, have faced challenges following Japan’s controversial Fukushima discharge, impacting consumer perception and sales in the region.

ADVERTISEMENT

Baum’s exit from the Chinese market underscores shifting dynamics in the beauty industry and reflects ongoing challenges for international brands navigating market conditions in China.

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Catherine

Catherine

I am Catherine Haggui, a distinguished Luxury Goods Specialist with over a decade of experience. As Director of Luxury Retail Strategies at a leading firm, I've cultivated a reputation for curating exclusive collections, elevating brand positioning, and exceeding sales targets. Renowned for my discerning taste and global market insights, I blend artistry and commerce to redefine luxury experiences. My work involves strategic partnerships, trend forecasting, and ensuring clients receive unparalleled access to the epitome of opulence.

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