#China #Shanghai #JOY GROUP #JUDYDOLL #JOOCYEE

JOY GROUP Financial Highlights for 2025

JOY GROUP has recently released its financial results for the fiscal year 2025, showcasing remarkable growth in both revenue and retail sales. The company reported total revenues exceeding $620 million (4.3 billion yuan), reflecting a solid 22% year-on-year increase. Retail sales surpassed $730 million (5.1 billion yuan), confirming the Group's strong performance in the cosmetic and personal care market.

Expansion of Product Portfolio

In 2025, JOY GROUP broadened its beauty product portfolio across various categories and price segments. The brand now features prominent names such as JUDYDOLL, JOOCYEE, and René Furterer as well as emerging brands like Biophyto-genesis and Foltène, encompassing makeup, haircare, and skincare offerings.

Makeup Success: JUDYDOLL and JOOCYEE

The makeup brand JUDYDOLL remained a key growth driver, achieving global retail sales exceeding $430 million (3 billion yuan), marking an over 18% year-on-year increase. This brand has consistently ranked as the top seller in the Chinese makeup sector for three consecutive years, bolstered by a robust omnichannel presence, with 118 owned stores and over 30,000 points of sale worldwide.

Furthermore, JOOCYEE also experienced record retail sales in 2025, with revenue growth of more than 15%. The brand’s lipstick line alone saw global sales of over 18 million units, further solidifying JOY GROUP's leadership position in the cosmetics industry.

Haircare Advancement: René Furterer and New Acquisitions

In the haircare market, René Furterer continued its strong momentum, particularly in China, with revenue growth exceeding 30%. In an effort to strengthen its portfolio, JOY GROUP completed the acquisition of Foltène, an Italian brand specializing in clinical hair and scalp care since 1963. This strategic move enhances JOY GROUP's capabilities in scientific hair care.

Additionally, the acquisition of Biophyto-genesis, a dermatology-based skincare brand that resulted from 14 years of clinical collaboration, sets the stage for future growth in this sector.

Global Expansion and E-Commerce Development

Capitalizing on its strong domestic market position, JOY GROUP has been actively pursuing a global expansion strategy. In 2025, international retail sales surpassed $87 million (600 million yuan). The Group continued to enhance its global footprint through e-commerce channels and local store developments, including the opening of three independent stores in Singapore.

Furthermore, JOY GROUP has committed to investing in research and development (R&D), launching over 600 new product references and adding 20 new patents to its portfolio. With R&D centers in Shanghai and Milan, the Group has bolstered its capabilities for innovation and product development.

Future Outlook

Allan Liu, President and CEO of JOY GROUP, stated, "2025 marked another year of robust growth for JOY. With a strengthened brand portfolio and accelerated globalization, we believe JOY is well-positioned for sustainable long-term growth."

For more information on JOY GROUP, please visit joy-group.com.