08.02.21
China
www.jahwa.com.cn
Sales: $1 billion
Key Personnel
Alex Pan, chairman, chief executive officer and general manager; Ye Weimin, deputy general manager, chief operating officer/general manager of Shanghai Jahwa Sales Co., Ltd.; Han Min, chief financial officer and board secretary
Major Products
Skin care, personal care, and home care products
New Products
Homeaegis Washing and Coagulation Beads, Homeaegis antibacterial products, Gf Multi-care Youth Essence, Maxam Ferment Rice Refreshening & Moisturizing Series
Comments: This year is the 123rd anniversary of Shanghai Jahwa, (originating as HK Kwong Sang Hong in 1898). The company is also marking 20 years on the Shanghai Stock Exchange. Revenues fell 7.43% in 2020, and an increase in the cost of goods sold expenses also contributed a 22.78% decline in net income.
During 2020, Shanghai Jahwa promoted brand innovation and established a methodology based on consumer insights. And although sales were down, efforts are paying off, according to company officials. For example, its functional skin care brand Dr. Yu strengthened its brand equity, supplemented by live marketing and continuous optimization, and, as such, achieved “three-digit rapid growth.” Skin care brand Herborist Derma achieved rapid growth in Watsons, according to Shaghai Jahwa, and with a new brand image, Vive achieve high double-digit growth through the vigorous promotion of e-commerce.
In response to the pandemic, Homeaegis launched a variety of antibacterial products, and the brand achieved double-digit growth.
Shanghai Jahwa is shoring up brands on the backend. For example, Shaghai Jahwa simplified production of its Gaofu brand and at Herborist the company actively promoted strategic adjustments, sorted out its product structure and reduced stores strategically.
www.jahwa.com.cn
Sales: $1 billion
Key Personnel
Alex Pan, chairman, chief executive officer and general manager; Ye Weimin, deputy general manager, chief operating officer/general manager of Shanghai Jahwa Sales Co., Ltd.; Han Min, chief financial officer and board secretary
Major Products
Skin care, personal care, and home care products
New Products
Homeaegis Washing and Coagulation Beads, Homeaegis antibacterial products, Gf Multi-care Youth Essence, Maxam Ferment Rice Refreshening & Moisturizing Series
Comments: This year is the 123rd anniversary of Shanghai Jahwa, (originating as HK Kwong Sang Hong in 1898). The company is also marking 20 years on the Shanghai Stock Exchange. Revenues fell 7.43% in 2020, and an increase in the cost of goods sold expenses also contributed a 22.78% decline in net income.
During 2020, Shanghai Jahwa promoted brand innovation and established a methodology based on consumer insights. And although sales were down, efforts are paying off, according to company officials. For example, its functional skin care brand Dr. Yu strengthened its brand equity, supplemented by live marketing and continuous optimization, and, as such, achieved “three-digit rapid growth.” Skin care brand Herborist Derma achieved rapid growth in Watsons, according to Shaghai Jahwa, and with a new brand image, Vive achieve high double-digit growth through the vigorous promotion of e-commerce.
In response to the pandemic, Homeaegis launched a variety of antibacterial products, and the brand achieved double-digit growth.
Shanghai Jahwa is shoring up brands on the backend. For example, Shaghai Jahwa simplified production of its Gaofu brand and at Herborist the company actively promoted strategic adjustments, sorted out its product structure and reduced stores strategically.