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Government

China lowers tariffs on popular imported luxury cosmetics

June 5, 2018

Chinese consumption of imported cosmetics grew by 40 percent last year. Image credit: Kantar

 

By Danny Parisi

The Chinese government is significantly cutting tariffs on imported beauty products including skin and hair cosmetics in a move expected to boost the growth of brands such as Estée Lauder and Lancôme.

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  1. Sephora borrows from Tinder’s playbook with swipeable mobile shopping tools
  2. How to make platform choices for ecommerce in China
  3. 2019 luxury spend expected to grow highest in UK
  4. Audi shares nostalgic film ahead of Avant arrival
  5. Aston Martin brings bespoke design to owners’ garages
  6. Day's wrap: Burberry, Audi, Peninsula, LG Signature and Americana Manhasset
  7. Chinese customer is most demanding: DLG event keynoter
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