出品I下海fallsea 胡不知 2025年11月的香港中环，长江集团中心49楼的会议室里，一场关乎亚洲零售巨头命运的讨论已持续数 周。当长江和记实业（00001.HK）高层最终敲定屈臣氏集团的上市方案时，窗外的维多利亚港正泛起 微光——这家拥有184年历史的零售标杆，将在2026年上半年踏上香港与英国双重上市的征程，计划募 资20亿美元的消息，很快通过财经媒体的版面传遍全球资本市场。 对李嘉诚家族而言，这绝非一次简单的资本运作。在长和系近年持续剥离非核心资产、聚焦基建与电讯 主业的背景下，将旗下最核心的零售资产推向资本市场，既是为集团现金流注入强心剂的"救赎之举"， 更是为屈臣氏开启独立发展通道的"野心布局"。从1841年广州的小药房起步，到如今全球拥有超1.6万 家门店的健康美妆零售巨头，屈臣氏的上市之路，映射着传统零售企业在消费变革与资本浪潮中的挣扎 与突围。 "这是长和系资本腾挪的关键一步，也是屈臣氏摆脱增长困境的必经之路。"香港资深投行人士陈锦兴在 接受虎嗅采访时直言，"20亿美元募资只是表面数字，背后是李氏家族对零售资产估值重构、区域战略 调整以及行业趋势判断的多重考量。" 长和系的"现金焦虑"： ...

Group 1 - The former CEO of The Body Shop, Charles Denton, is leading a bid to rescue the struggling health and beauty retailer Bodycare, planning to reopen 75 stores and recall approximately 700 employees [1][2] - Denton previously helped The Body Shop recover after its bankruptcy, achieving stability and revitalization during challenging times [1] - Bodycare, founded in the 1970s, specializes in affordable makeup, skincare, haircare, and fragrances, and has faced significant challenges, including entering bankruptcy management in September 2023, leading to the closure of all 147 stores and the loss of around 1,400 jobs [2][3] Group 2 - Denton has gathered a group of supporters to acquire Bodycare's brand and assets, positioning himself as a leading candidate among 4 or 5 potential bidders [2][3] - The strategy for revitalizing Bodycare includes leveraging the brand's heritage, expanding the product line, and increasing investment in e-commerce [2][3] - Bodycare's website has also ceased taking orders, indicating a complete halt in operations during the bankruptcy process [3]