Fri, Sep 06, 2013 - Page 14 News List

Health and beauty business rising for Uni-President Group

By Amy Su  /  Staff reporter

Food and retail conglomerate Uni-President Group (統一集團) yesterday said the group is aiming to raise its revenue from health and beauty products to NT$30 billion (US$1 billion) next year.

The group, led by Uni-President Enterprises Corp (統一企業) and President Chain Store Corp (PCSC, 統一超商), is engaged in the food and beverage, retail and distribution, as well as trading and financial services business.

Sales from the group’s five fashion and beauty care-related businesses reached NT$23.5 billion last year , up about10 percent from a year earlier.

The five businesses are Dream-Mall Co (夢時代), Uni-President Hankyu Department Store (統一阪急), President Pharmaceutical Corp (統一藥品), fitness and spa center operator Being Corp (統一佳佳) and President Drugstore Business Corp (統一生活事業), which owns the nation’s second-largest drugstore chain Cosmed (康是美).

“Their strong sales performances reminded us that Uni-President owns a good-sized beauty-related business,” group president Alex Lo (羅智先) told a media briefing.

The group is also planning to create a platform with both physical and virtual channels for sales of products made by all of its beauty-related businesses, as well as other local suppliers, Lo said.

Through better integration of the group’s resources, Lo said the platform would help it further tap into the China and Southeast Asian markets.

Lo said the group does not plan to set up a separate company to manage the platform, nor to list any of its beauty-related business units on the local bourse.

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