Shiseido's sub-brand BAUM defeated in China

China Finance Online
2024.07.17 07:24
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Shiseido's skincare brand BAUM's exit from the Chinese market reveals the relationship between brand strategy and market execution, as well as the impact of resource allocation by a large group on a single brand. BAUM's exit serves as a reminder of the importance of thorough market promotion and offline experiential support when entering a new market. Other brands within the Shiseido group, such as CPB, have achieved success through strong market promotion and deep cultivation of the high-end market. The strategic adjustment within the Shiseido group also demonstrates its responsiveness to market trends and dynamic adaptability. BAUM's exit provides valuable lessons for the industry