Mei Ri Jing Ji Xin Wen·2025-10-20 23:17Group 1: Kering Group and L'Oréal Acquisition - Kering Group announced an agreement with L'Oréal to sell its beauty business for €4 billion [1] - The deal includes a 50-year license for brands such as Creed, Bottega Veneta, and Balenciaga, with Gucci joining after its licensing period with Coty [1] - This divestiture reflects Kering's strategic focus on its core fashion and leather goods segments, while L'Oréal aims to strengthen its position in the high-end fragrance and beauty market [1] Group 2: Fliggy's Double 11 Sales - Fliggy launched its "Double 11" sales event with a 60% increase in investment compared to last year [2] - The number of travel products participating in the event has doubled, indicating a strong recovery in travel demand [2] - The increase in supply and promotional efforts is expected to enhance platform engagement and conversion rates [2] Group 3: Railway Passenger Volume - In the first three quarters, China's railway system transported 3.54 billion passengers, a 6% year-on-year increase, setting a new historical record [3] - The growth in passenger volume is driven by factors such as holiday travel and family visits, indicating a sustained release of travel demand [3] Group 4: Li Ning's Entry into Meituan Flash Purchase - Li Ning officially joined the Meituan Flash Purchase platform, launching nearly 1,000 stores across almost 100 cities [4] - The brand aims to explore innovative business models like "flash warehouses" and plans to achieve nationwide coverage by the end of the year [4] - This move signifies a shift towards instant retail, enhancing Li Ning's reach to younger consumers and lower-tier markets [4]