#China #Shanghai #JOY GROUP #René Furterer #JUDYDOLL

JOY GROUP Reports Impressive Results for 2025

JOY GROUP has announced its financial results for the fiscal year 2025, demonstrating a remarkable performance with total revenues exceeding 620 million USD (approximately 4.3 billion RMB). This represents a growth of 22% year-on-year, reflecting the company's strong market presence and effective strategies. The group achieved an annual retail sales figure surpassing 730 million USD (around 5.1 billion RMB), reinforcing its position as a leading brand in the beauty and cosmetics sector.

Brand Portfolio Expansion

In 2025, JOY GROUP expanded its product portfolio significantly, particularly in the cosmetics segment across various categories and price ranges. Key brands such as JUDYDOLL, JOOCYEE, and René Furterer played a crucial role in this growth, while development brands Biophyto-genesis and Foltène were introduced, targeting the growing demand for makeup, haircare, and skincare products.

JUDYDOLL's Leading Role

JUDYDOLL emerged as a key growth driver, achieving global retail sales exceeding 430 million USD (3.0 billion RMB) which marks an impressive over 18% increase year-on-year. For the third consecutive year, JUDYDOLL was recognized as the top-selling makeup brand in China, solidifying its leadership in the competitive market. The brand has also improved its omnichannel sales approach, operating 118 self-operated stores and reaching over 30,000 retail points globally.

JOOCYEE's Record Performance

Similarly, JOOCYEE reached new heights with global retail sales seeing an impressive growth of over 15%. Notably, this brand sold over 18 million units of lip products worldwide, further establishing JOY GROUP's dominance in the makeup sector.

Focus on Hair and Scalp Care

On the hair and scalp care front, René Furterer witnessed a dynamic expansion in China with revenue growth exceeding 30%. Moreover, JOY GROUP successfully acquired Foltène, an Italian hair and scalp care brand based on clinical research since 1963, boosting its scientific expertise in the sector. The addition of Biophyto-genesis, a dermatological skincare brand developed through 14 years of clinical collaboration, lays a strong foundation for future growth in skincare.

International Expansion Strategies

Building on its robust domestic market position, JOY GROUP is actively pursuing global expansion. The group’s retail sales in overseas markets topped 87 million USD (600 million RMB) in 2025. This expansion strategy includes enhancements in e-commerce and local retail growth, exemplified by the opening of three independent stores in Singapore.

Commitment to Research and Development

Furthermore, JOY GROUP has committed to substantial investments in research and development, launching over 600 new stock-keeping units and securing 20 new patents in the process. With two R&D centers located in Shanghai and Milan, the group has significantly bolstered its innovative capabilities.

Chairman and CEO Allan Liu remarked, "In 2025, JOY recorded another year of strong growth. With an enhanced multi-brand portfolio and accelerating globalization, we believe JOY Group is well-positioned for long-term sustainable development."

To explore more about JOY GROUP, visit www.joy-group.com.