China
www.jahwa.com.cn

Sales: $1 billion

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.

China
www.jahwa.com
Sales: $810 million

Shanghai Jahwa is one of the oldest chemicals companies in China. It was previously known as Hong Kong Kwong Sang Hong, which was established in 1898. It was listed on Shanghai Stock Exchange in 2001.

In April, Zhang Dongfang, the chairman of the company, resigned as as a director of the company for personal reasons. At the same time, she resigned as company’s chief executive officer. The company’s directors jointly elected Meng Sen as the acting chairman of the company to perform the duties of chairman. Pan Qiusheng was named chief executive officer and general manager. Qiusheng has held posts at L’Oréal and Mattel.

China
www.jahwa.com

Sales: $1 billion.

Sales rose 10% last year. In 2018, Shanghai Jahwa entered into a long-term cooperation agreement with Church & Dwight to become the exclusive omni-channel distributor in mainland China of four of C&D’s categories—baking soda, toothpaste, dry shampoo and feminine hygiene.

At the Shanghai Jahwa Brand Festival this year, CEO Zhang Dongfang spoke about the company’s plans to enrich its own product portfolio, too, by creating six academies aimed at helping the company develop high-level products and become the industry benchmark. The academies—Academy of Traditional Chinese Medicine, Academy of Hair and Dermatology, Academy of Packaging Materials and Structures, Academy of Fine Arts Design, Academy of Chinese and Foreign Regulations and Industry Standards and Academy of Raw Materials—will reportedly cooperate with institutions and colleges such as the Chinese Academy of Sciences, Chiao Tung University, University of The South, Zhejiang University, China Academy of Chinese Medical Sciences, Huashan Hospital, Ruijin Hospital, Shanghai Academy of Fine Arts and the French Industrial Design Union.

Shanghai Jahwa won the Poster Award for Technology Innovation at the 30th IFSCC Congress in Munich.

China
www.jahwa.com.cn

Sales: $801 million

According to sources, sales fell nearly 9% last year, as hiccups in China’s economy were felt at home and throughout the world. Company executives have blamed the decline, in part, to declining sales of Herborist. To get sales growing again, Shanghai Jahwa is trying to expand distribution in specialty chains, Watsons and maternity stores.
Despite the recent decline in sales, company executives are determined to build a $1.8 billion company by 2020. They’ll get there through mergers and acquisitions.

China
www.jahwa.com.cn
Sales: $927 million

Founded in 1989, Shanghai Jawha is the largest Chinese manufacturer of household and personal products. Sales topped $900 million in 2015, an increase of 9.58%. Cosmetics sales were up 3.01% and personal care sales jumped nearly 15%. However, the company’s home care sales, a much smaller portion of its total revenue stream, fell 9.6%.

The past year included two major retail moves for this growing Chinese firm; Shanghai Jawha established “strategic cooperation” with Alibaba and Tmall, and the company opened its first overseas Herborist flagship store in Paris.

The firm’s Dr. Yu brand was recently revamped. Along with a new logo and packaging, the relaunch effort included a new SKU—Dr. Yu Skin Barrier Recovery & Moisturizing Body Emulsion.