2026年伊始，美妆巨头的竞争，已在印度拉开序幕。一边是联合利华分别以数百万美元风险投资，精准押注本土2个新兴品牌；另一边是欧莱雅豪掷近30 亿人民币，在印度腹地建设其全球AI美容科技中心。 开年1个多月，这两大巨头不约而同地落子同一市场，是对该市场试水，还是重仓的战略布局？为什么巨头们，都指向同一个战场印度？ 加速布局，巨头重仓印度！ 国际巨头对印度的青睐，远非简单的人口第一可以概括。其底层逻辑，是由人口基数，消费阶层、市场渗透率等因素构筑了该市场的机遇，印度美妆市场 的潜在价值正逐步显现。 1.人口结构红利凸显 据联合国最新报告显示，印度已取代中国，成为世界第一人口大国。更关键的是，联合国预测，到2050年，印度人口将达16亿多，而中国或降至13亿以 下，两国人口差距将持续拉大。 这意味着在未来，印度将持续释放庞大的、处于消费上升期与新生代消费者，为美妆市场提供新的增长潜力。 尤为关键的是，当前印度高端美妆渗透率仍处于较低水平，这意味着市场存在巨大的升级空间与挖掘潜力。 -联合利华们两年超10次投印度品牌！ 而这一红利，也吸引了众多企业们的目光。 美妆巨头对印度市场的布局可追溯至2008年，彼时雅诗兰黛通 ...

在过去的2025年，美妆行业的整体格局经历了深刻的变革和调整，这一洗牌很可能延续至2026年。 行业整体业绩增速明显放缓，市场表现疲软，不少企业甚至出现营收下滑，头部企业之间的位次争夺战愈发激烈。在国际TOP10美妆企业中，半数集团整 体营收回落，即使保持增长者也只是幅度有限。 与此同时，欧莱雅、联合利华在内的多个国际美妆集团纷纷优化产品组合，剥离低效业务，"卖子"的消息时常传出，过去一年中超50个美妆品牌被舍弃。 更值得关注的是，为降本增效，全球美妆十强中更有六家相继裁员。 在此背景下，寻找发展最优解的这一重担，直接落在了各集团管理层的肩上。2025年，从各业务部门到区域市场，美妆集团们的人事变动异常频繁。而关 乎企业命运的战略制定决策权，则更多地集中各集团CEO的手中。 据聚美丽不完全统计，2025年，仅全球头部美妆集团的高管变动就发生了超30起，其中八大美妆巨头均经历了集团"一把手"的更迭。 2025，换帅潮席卷美妆巨头！ 在面对行业变局与区域挑战，国际美妆集团不约而同地选择通过换帅进行应对，由此掀起了一波密集的"换帅潮"。据聚美丽观察发现，这些企业的CEO变 动存在以下共性： 1.各集团内部提升的CE ...

当地时间1月28日，联合利华宣布已签署协议，将其在哥伦比亚和厄瓜多尔的家居护理业务出售给 Alicorp公司。此次交易涵盖在哥伦比亚和厄瓜多尔拥有成熟本地品牌组合的业务，包括Fab、3D、 Aromatel和Deja等品牌，协议具体财务条款不予披露。 ...

Good morning. AI has officially moved into the mainstream. At last week’s World Economic Forum in Davos, OpenAI CFO Sarah Friar noticed a shift: AI is no longer treated as a future experiment or a side conversation. Instead, world leaders are discussing it alongside geopolitics, energy, and security—as a core piece of economic infrastructure.But there’s a problem. Most organizations aren’t actually using AI to its full potential. Friar, who joined OpenAI in June 2024, kept hearing the same concern at Davos: ...

Group 1 - Hein Schumacher has succeeded Peter Feld, who has stepped down to pursue other career opportunities [1] - The group reported an 8.9% increase in sales [1]

Barry Callebaut on Wednesday said it would appoint former Unilever boss Hein Schumacher as its chief executive and reported first quarter results showing it sold less of its cocoa products than expect... ...

（来源：经济日报） 转自：经济日报 记者日前从联合利华获悉，联合利华合肥FTC物流运作中心凭借其"工厂直达消费者"（Factory to Consumer，简称FTC）的创新物流模式以及在供应链敏捷方面的卓越实践，成功入选世界经济论坛全球 灯塔网络，成为 "供应链韧性灯塔"。该中心由此成为全球快消品行业首个、亚洲首个、也是联合利华 全球范围内首个获此殊荣的物流运作中心。继合肥工业园和天津食品工厂获评"灯塔工厂"之后，此次认 证标志着联合利华中国获得第三个"灯塔网络"认证荣誉。 据了解，"全球灯塔网络"是全球先进制造领域最具影响力的评选之一，由世界经济论坛与麦肯锡共同发 起。 联合利华大中华区客户运营副总裁杨纪宝表示："联合利华合肥FTC物流运作中心的成功实践充分彰显 了集团在供应链创新领域的前瞻布局。在新型工业化背景下，我们以不断升级的消费需求为导向，融合 人工智能（AI）等前沿技术，提升端到端的服务体验。作为中国全行业首个获得供应链领域最高等级 认证的运营基地，合肥FTC物流运作中心不断发挥示范引领作用，推动物流运营数字化转型升级，助力 中国供应链体系迈向更高效率、更好服务和更优灵活性的新发展阶段。" 随着 ...

Core Insights - Oakmark International Fund's fourth-quarter 2025 investor letter highlights a focus on long-term capital appreciation through investments in non-U.S. mid and large-cap companies, with a reported return of 4.83% for the fund, slightly underperforming the MSCI World ex USA Index's gain of 5.20% [1] Fund Performance - The fund's top performance contributors were in the healthcare and financial sectors, while consumer staples were the only detractor [1] - The fund's top five holdings can be reviewed for insights into its best investment picks for 2025 [1] Company Focus: Unilever PLC - Unilever PLC is identified as a key stock in the fund's portfolio, operating in various segments including Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream [2] - As of January 14, 2026, Unilever's stock closed at $65.33, with a one-month return of -0.20% and a 10.00% gain over the last 52 weeks, alongside a market capitalization of $142.546 billion [2] - The fund appreciates Unilever's refreshed management team and their strategic initiatives aimed at improving execution and driving consistent growth, particularly in higher-margin categories [3] - Despite a strong outlook, Unilever trades at a discount compared to peers due to historical underperformance, presenting an investment opportunity in a company with strong brands and improved management [3] Market Sentiment - Morgan Stanley has resumed coverage of Unilever with an overweight view, noting that it is not among the 30 most popular stocks among hedge funds, with 27 hedge fund portfolios holding the stock at the end of the third quarter [4] - While acknowledging Unilever's potential, there is a belief that certain AI stocks may offer greater upside potential and lower downside risk [4]

Core Viewpoint - Unilever PLC (NYSE:UL) is facing challenges in its stock performance and market confidence, with recent downgrades from analysts indicating concerns over valuation and earnings growth potential [2][3]. Group 1: Analyst Ratings and Price Targets - BNP Paribas downgraded Unilever PLC from Outperform to Neutral with a price target of $71, citing that valuations in the consumer staples sector are expected to remain "cheap" [2]. - Jefferies maintained an Underperform rating but raised its price target for Unilever from 4,000 GBp to 4,100 GBp, highlighting challenges in price and operating margins that limit earnings growth [2]. Group 2: Financial Performance and Market Concerns - Unilever's stock is down by 1.65% year-to-date as of January 9, 2026, indicating a negative market sentiment [3]. - Jefferies noted that volume and mix are expected to be approximately 2% in the fourth-quarter results, with concerns about declining U.S. growth contributions affecting market confidence in the first half of 2026 [2].

PARIS — Unilever Ventures is leaning further into India with new beauty investments in the country. Secret Alchemist, among India’s first clean fragrance indie brands, has raised $3 million in a seed funding round that was led by Unilever Ventures. DSG Consumer Partners also participated. More from WWD The seed round included primary and secondary capital. Inflection Point Ventures, or IPV, had backed Secret Alchemist previously. The funding will be used to expand the brand’s portfolio, strengthen its ...