On June 1, French beauty brand Paul & Joe Beaute released a statement on Weibo, announcing that it will terminate its distribution agreement with Pacifique Agencies (Far East) Ltd in mainland China and Hong Kong on June 30. Paul & Joe Beaute will also cease all operations and withdraw from Hong Kong at the end of this month. Pacifique Agencies (Far East) is responsible for managing the official Weibo and WeChat accounts in mainland China, while the Tmall Global flagship store and Douyin Global flagship store are managed by Marco Polo Cosmetics E-Commerce Co., Ltd. It is understood that these two online purchasing channels in China will not be affected.