Group 1: Luxury Goods Industry - The luxury goods sector is undergoing significant adjustments with management changes, capital maneuvers, and strategic optimizations as core themes, reshaping the industry landscape [1] - Givenchy and Dior have initiated management changes to enhance brand competitiveness, while Alo has hired a former Dior executive to accelerate its high-end lifestyle transformation [1][2] - LVMH continues its management reshuffle, appointing Amandine Ohayon as CEO of Givenchy and promoting Alessandro Valenti to a key role at Dior, reflecting a strategy focused on internal talent development [6][8][9] Group 2: Sportswear Industry - Anta Sports has made a bid to acquire a 29% stake in Puma, which would make it the largest single shareholder, amidst Puma's declining sales and restructuring efforts [4][5] - Puma has appointed Nadia Kokni as Global Brand Marketing Vice President to lead its marketing strategy during a critical phase of brand restructuring [10] Group 3: Beauty Industry - Estée Lauder is considering selling three brands for $300-500 million, significantly less than the $2.5 billion spent on their acquisition, as part of a strategy to focus on high-end beauty [11][12] - L'Oréal plans to launch over 20 new products in 2026, leveraging multi-channel strategies to capture market growth, following strong performance in recent years [17][18] Group 4: Market Trends - The beauty industry is shifting from incremental to stock market pressures, with high-end positioning becoming increasingly important [1] - The trend of local business autonomy is highlighted by the Shanghai New World New Maru Center ending its partnership with Japanese firms to operate independently, showcasing resilience in local commerce [1][16] Group 5: Company-Specific Developments - Alo has launched a high-end custom series and plans to expand its international presence, including a flagship store on the Champs-Élysées by 2026 [3] - The family behind the Chinese beauty brand Mao Geping plans to sell shares worth up to 1.41 billion HKD, raising concerns about the impact on the company's future despite its current growth [14][15]