雅诗兰黛集团想要恢复业绩增长，或许还需要一段时间。8月22日，新京报贝壳财经记者获悉，美妆巨 头雅诗兰黛发布截至今年6月30日的2025财年业绩报告。期内，该集团实现净销售额143.26亿美元，与 上年同期的156.08亿美元相比下滑8.2%；营业利润亏损7.85亿美元，同比由盈转亏。 在评价业绩数据时，雅诗兰黛集团总裁兼首席执行官司泰峰（Stéphane de La Faverie）表示，尽管外部 环境持续波动，对2026财年的发展前景仍充满信心，"在经历了三年的下滑后，今年将实现有机销售增 长，开始重建运营盈利能力，以在未来几年实现稳定的两位数调整后运营利润率。" 新京报贝壳财经记者梳理发现，进入2025财年后，占比最大的护肤业务一直在"拖累"整体业绩。其中， 第一季度、第二季度以及第三季度，护肤业务分别实现净销售额15.29亿美元、19.21亿美元和18.07亿美 元，同比分别下滑7%、12%、12%。到了第四季度，护肤业务跌幅进一步扩大，净销售额同比下滑16% 至17.05亿美元，同期，该公司共计提了与蒂佳婷（Dr.Jart＋）相关的其他无形资产减值费用3.75亿美 元，这也反映出韩国等市场的业绩表现 ...

Group 1: Estée Lauder - Estée Lauder's Q3 report shows a 10% decline in net sales to $3.55 billion, with an organic decline of 9%, but slightly better than expected, and a gross margin increase of 3.1% due to the Profit Recovery and Growth Plan [2] - The company's China operations achieved low single-digit growth, driven by brands like La Mer, Estée Lauder, and Tom Ford, marking three out of the last four quarters with market share growth [2] - Global skincare and travel retail segments saw double-digit declines, with skincare sales down 11%, and makeup category performance was negatively impacted by M·A·C's product launch timing [2][3] Group 2: Prada - Prada's Q1 report indicates a 60.2% year-on-year increase in retail revenue for Miu Miu, contributing €377 million in net sales and increasing its share within the group from 22% to 31% [4] - The overall revenue for Prada Group was €1.34 billion, slightly above expectations, while competitors like LVMH and Kering reported sales declines [6] - Prada's cautious outlook reflects the challenging market conditions, with a focus on expanding its distribution network through partnerships, such as with Mytheresa [6] Group 3: Aesop - Aesop launched its first "tea fragrance" Virēre in mainland China, priced at 1,250 yuan, marking a significant increase in the frequency of new fragrance releases since being acquired by L'Oréal [12][15] - The brand's strategy aligns with the growing potential of the fragrance category in the beauty market, contributing to L'Oréal's double-digit growth in this segment [15] Group 4: Adidas - Adidas reported Q1 2025 revenue of €6.153 billion, a 13% increase year-on-year, with operating profit rising 82% to €610 million, driven by continued growth in the Chinese market [18] - The company maintains its full-year growth forecast despite tariff pressures, having minimized exposure to U.S. market products manufactured in China [18] Group 5: LVMH - LVMH's wine and spirits division is set to cut over 10% of its workforce, approximately 1,200 employees, due to a 9% decline in organic sales, primarily from weak performance in the U.S. and China [20]