36氪未来消费·2025-11-09 02:06Group 1: Starbucks China Business Sale - Starbucks announced the sale of 60% of its China business to private equity firm Boyu Capital for an estimated valuation of $4 billion, bringing the overall valuation of Starbucks China to over $13 billion [2][3] - The partnership with Boyu Capital will focus on expanding the number of stores in China from nearly 8,000 to 20,000, targeting smaller cities and emerging regions [3] - Starbucks will retain its brand and intellectual property while Boyu Capital will lead local operations, digital transformation, and market expansion [4] Group 2: Kimberly-Clark Acquisition of Kenvue - Kimberly-Clark announced the acquisition of Kenvue for a total valuation of $48.7 billion, combining two companies with similar revenue sizes [5][6] - The merger is expected to reshape the global beauty and personal care market, creating a company with a comprehensive product line across various consumer health segments [6] - Kenvue has faced challenges since its spin-off from Johnson & Johnson, with a significant decline in net profit and sales [6] Group 3: SHEIN's Paris Store Opening - SHEIN opened its first physical store in Paris, attracting both shoppers and protesters, highlighting the brand's controversial presence in the market [7][8] - The French government has called for an investigation into SHEIN due to concerns over illegal products being sold on its platform [9][10] Group 4: Financial Performance of Brands - Coach reported a 22% increase in sales, solidifying its position in the high-end market, while Kate Spade experienced an 8% decline [23] - Estée Lauder's sales rebounded with a 3% organic growth, driven by recovery in the Chinese market and tourism retail [25] - Ralph Lauren's revenue reached $2.01 billion, with a notable 30% increase in the Chinese market despite price hikes [29]