The French skincare brand has inaugurated its very first counter in China at Hangzhou’s Intime Department Store on September 28. The brand, which was acquired by Chinese beauty group S’Young in 2022, also kicked off its ambitious expansion plans in China with the inauguration of a first spa room and a new pop-up store.
Already available in iconic luxury department stores such as Harrods in London, Tsum in Russia and BFF in Thailand, EviDenS de Beauté has selected Hangzhou’s Intime Department.
We look at FY22 for Alibaba through March 2022 and compare it with FY21 for JD and Amazon. See why I think BABA's market cap is less than my valuation range.
There are too many external risks surrounding the Alibaba. See why I would not jump in just yet even though the stock is undervalued. See more on BABA here.