职业经理人退场，创始人之子"接棒"，纸业巨头洁柔的"去家族化"治理策略产生变数？ 1月9日，中顺洁柔（002511.SZ）公告称，刘鹏请辞公司董事、董事长、法定代表人等职务，创始人之子邓冠彪任代 理董事长。 公告显示，刘鹏卸任系因"个人职务发展规划"。根据年报，2024年，刘鹏税前薪酬为514.17万元，高于邓冠彪的94.75 万元。 1月10日，中顺洁柔相关负责人向南都·湾财社记者表示，关于董事长职务变动，公司已通过正式渠道发布了官方公 告，相关信息请以公告为准，"公司经营一切稳定，我们也对未来的发展充满信心"。 职业经理人刘鹏先后请辞总裁、董事长 创始人之子任代理董事长 根据公告，因个人职业发展规划，刘鹏申请辞去公司董事、董事长、提名委员会委员、战略与可持续发展委员会委员 以及法定代表人职务，辞职后，仍在公司担任其他职务。 同时，副董事长邓冠彪代为履行公司董事长的职责，代行职责的期限自推举之日起至董事会选举产生新任董事长之日 止。 值得注意的是，一个月前，中顺洁柔就曾发布公告称，刘鹏因公司战略发展需要，申请辞去总裁职务，由公司董事高 波接任。这意味着，刘鹏逐渐退出公司核心管理层。 据媒体报道，邓颖忠在邀请 ...

Group 1: Industry Overview - The light industry and beauty sector is expected to stabilize and improve due to the dual drivers of domestic demand policies and steady export growth [3] - The "14th Five-Year Plan" marks a year of enhanced domestic demand policies, coupled with consumers' increasing pursuit of high-quality living, creating significant growth opportunities for the industry [3] - The penetration rate of cross-border e-commerce has ample room for improvement, and the recovery of international relations and demand from emerging markets will further drive market expansion [3] Group 2: Beauty Sector - The cosmetics market is projected to grow steadily, with the skincare segment being the largest, reaching a market size of 4,619 billion yuan in 2024, and expected to grow at a CAGR of 8.6% from 2024 to 2029 [19] - The high-end cosmetics market is rapidly expanding, with the market size for high-end skincare products increasing from 749 billion yuan in 2019 to 1,144 billion yuan in 2024, reflecting a CAGR of 8.84% [19] - Key companies in the beauty sector include: - **Mao Geping**: Revenue reached 25.88 billion yuan in H1 2025, with a growth rate of 31.28% [23] - **Lin Qingxuan**: Revenue grew to 10.52 billion yuan in H1 2025, marking a 98.28% increase [27] - **Marubi**: Revenue is expected to reach 29.70 billion yuan in 2024, recovering from previous declines [32] Group 3: Medical Aesthetics - The medical aesthetics sector is facing short-term pressure due to cautious consumer spending, but the long-term growth potential remains strong, with a projected CAGR of 10%-15% from 2024 to 2027 [36] - The market penetration rate for medical aesthetics in China is currently at 4-5%, indicating a growth potential of 2-5 times compared to countries like the US and South Korea [36] - Key companies in the medical aesthetics sector include: - **Jinbo Biological**: Achieved revenue of 12.96 billion yuan in Q1-Q3 2025, with a year-on-year growth of 31.10% [45] Group 4: Daily Chemicals - The daily chemical industry is benefiting from domestic demand policies, with local brands poised to capture market share [49] - Companies such as **Dengkang Oral Care** and **Runben** are highlighted for their strong market positions and growth potential [51][55] - **Shanghai Jahwa** has shown significant growth, with revenue reaching 49.61 billion yuan in Q1-Q3 2025, reflecting a 10.83% increase [59] Group 5: Home Furnishing - The home furnishing sector is under pressure due to weak real estate sales, with a 15% decline in residential investment in 2025 [65] - National subsidies for home appliances and furnishings have provided some support, but the long-term effects are limited [65] - Leading companies such as **Oppein Home** and **Kuka Home** are noted for their strong channel capabilities and multi-category layouts [65]

元旦假期，海南离岛免税购物金额达7.12亿元，同比增长128.9% 全岛封关后首个小长假，海南文旅迎来开门红 元旦假期首日，消费者在中免海口国际免税城购物。记者 曹文轩摄 机场码头客流涌动，免税商圈购销两旺，环岛自驾热度攀升……今年元旦，海南迎来全岛封关后的 首个假期。网络平台上，"离岛免税消费火爆""入境游客数量暴增"等词条频频登上热搜榜。火热的场 景、亮眼的数据，鼓舞人心，提神提气。站在全岛封关新起点，海南正向着国际旅游消费中心的目标稳 步前进。 ——编 者 政策红利释放，离岛免税购物金额成倍增长 2025年12月31日，中免海口国际免税城销售经理王仁安度过了一个难忘的跨年夜："已是深夜，还 有游客不断进店，店铺营业至凌晨1点。"虽然忙碌，但看到销售数据实打实的增长，王仁安心里格外畅 快。 "想到人多，但没想到这么多。"元旦当天，来自广东深圳的游客苏倩在海口国际免税城逛完后，准 备前往打卡点"天际秘林"拍照，她驻足许久，才得以趁着人流穿行的空当按下快门。 为何这段时间客流出现爆发式增长？王仁安分析，除了叠加海南旅游旺季的缘故，主要是因为全岛 封关引人注目，吸引众多消费者前来。同时，去年11月实施的免税新政 ...

机场码头客流涌动，免税商圈购销两旺，环岛自驾热度攀升……今年元旦，海南迎来全岛封关后的首个 假期。网络平台上，"离岛免税消费火爆""入境游客数量暴增"等词条频频登上热搜榜。火热的场景、亮 眼的数据，鼓舞人心，提神提气。站在全岛封关新起点，海南正向着国际旅游消费中心的目标稳步前 进。 ——编者 政策红利释放，离岛免税购物金额成倍增长 2025年12月31日，中免海口国际免税城销售经理王仁安度过了一个难忘的跨年夜："已是深夜，还有游 客不断进店，店铺营业至凌晨1点。"虽然忙碌，但看到销售数据实打实的增长，王仁安心里格外畅快。 "想到人多，但没想到这么多。"元旦当天，来自广东深圳的游客苏倩在海口国际免税城逛完后，准备前 往打卡点"天际秘林"拍照，她驻足许久，才得以趁着人流穿行的空当按下快门。 2025年最后一天，湖南卫视芒果TV跨年演唱会在海口五源河体育场举行，吸引数万名观众到场观看。 精彩不止于体育场、音乐厅，元旦假期，走在海口街头、景区，非遗展演、街头艺术、沉浸式戏剧等特 色演出不断。 冬季气候温暖舒适，交通基础条件好，近年来，海口乘着自贸港建设的东风，向"国际演艺之都"加速奔 跑，发展出融合了热带风情、文艺范 ...

Group 1 - The core point of the article highlights that southbound funds have reduced their holdings in Sa Sa International (00178.HK) by 2,000 shares on January 5, with a total net reduction of 98,000 shares over the past five trading days and 214,000 shares over the past 20 trading days [1] - As of now, southbound funds hold 1.8252 million shares of Sa Sa International, which represents 0.05% of the company's total issued ordinary shares [1] Group 2 - Sa Sa International Holdings Limited is primarily engaged in the retail business of beauty products in Asia, selling skincare, perfumes, cosmetics, hair care, body care products, beauty supplements, and home beauty devices through its own brands and exclusive international brand agencies [1] - The company operates retail stores in Hong Kong, Macau, mainland China, and Southeast Asia, and also provides online retail services through e-commerce platforms, offering customers an omnichannel shopping experience [1]

21世纪经济报道记者易佳颖上海报道 达成上市目标后，林清轩开始把出海提上日程。 1月2日，林清轩创始人孙来春在上市后的首次公开媒体采访中表示，"不排斥投资并购海外品牌的机 会，也在尝试出海布局。我们考虑从新加坡、中国香港等地先试水。目前，林清轩正在香港开设门店， 预计未来会开十家左右。" 采访中，他介绍道，"我们内心其实是比较淡定的，没有说要做第一个吃螃蟹的，非要冲到海外去。现 在是在北美亚马逊做了一些测试，卖100多美元一瓶，实际上销量不大，消费者反馈价格太贵。这是因 为在当地市场没有品牌力支撑。" "直接用品牌出海，挑战比较大。现在更多的品牌其实是供应链出海，这对我们，意义不大。"孙来春解 释道，"我们还是从文化的同根同源上，考虑在新加坡，以及中国香港等地先试水。同时，我们也关注 海外投资并购的机会，通过有当地文化适配性的海外品牌去开拓市场，坚持走品牌出海的道路。" 而据招股书披露，林清轩此次IPO募集的资金主要用于持续加大皮肤学、植物学及护肤品前沿科技的研 发投入，加码品牌建设，布局零售门店，并继续升级多款高品质热销大单品。 值得一提的是，在1月2日林清轩上市答谢的活动现场，一眼望去，搭建了不下10个展 ...

中新社香港1月4日电 题：香港文旅市场开年"人财两旺" 中新社记者 香卢平 有酒店业人士告诉笔者，元旦假期，来自内地及东南亚等地的旅客均显著增长，带动大型酒店入住率达 逾九成，其中铜锣湾、尖沙咀等热门旅游区酒店房价较去年同期增长约5%。据零售业界反馈，旅客在 保健品、护肤品等品类的消费意愿依然坚挺，随着中国农历新年的到来，预计市道有望进一步好转。 中国内地元旦假期第二日，当天大批旅客在香港尖沙咀码头一带游玩。 中新社记者 李志华 摄 根据香港特区政府入境事务处公布的数据，中国内地元旦假期3天，逾163万人次入境香港，其中内地旅 客逾50万人次。此外，元旦当天在沙田马场举行的"好运1月1"赛马日，近5万名入场观众中，内地旅客 同比增长一倍；当天投注额高达17.13亿港元，同比增长4.3%，香港赛马会形容"丁财两旺"。 实际上，香港文旅市场强劲复苏的势头在过去一年便已逐步显现。香港特区行政长官李家超1日在社交 平台发文回顾，2025年前11个月吸引旅客逾4500万人次，同比增长12%。 香港之所以能在亚洲众多城市中脱颖而出，成为"盛事之都"，其核心优势在于"中西文化荟萃"的特征。 这一点在元旦、中国农历新年等节庆 ...

Core Insights - The global beauty industry is entering a transformation phase, with average growth slowing from 7% (2022-2024) to 5% (2025-2030), indicating a shift towards a more complex and segmented market focused on high-end and fragrance products [1][3][25]. Group 1: Major Corporate Movements - L'Oréal's acquisition of Kering's high-end beauty business for €4 billion is a significant event, expanding L'Oréal's presence in the luxury beauty and fragrance market while allowing Kering to focus on its core fashion business [1][5][11]. - L'Oréal has been active in the beauty capital market with six major global transactions this year, including acquisitions and minority investments, enhancing its portfolio in high-end and trendy markets [5][6][7][11]. - Estée Lauder is undergoing a restructuring plan to focus on high-end fragrances, with a new innovation center in Paris aimed at improving efficiency and product development [12][14]. Group 2: Market Trends and Dynamics - The beauty industry is witnessing a shift from product competition to capital and licensing restructuring, with leading groups focusing on mergers and acquisitions to strengthen their positions in luxury fragrances and high-end segments [3][4][25]. - The rise of domestic brands in China, such as Perfect Diary and Huaxizi, is attributed to the growing interest from Gen Z consumers and effective online marketing strategies, leading to a 10.1% year-on-year growth in the beauty market [18][19][25]. - The trend towards high-end and fragrance products is becoming a growth highlight, with luxury fragrances showing nearly 10% business growth, indicating consumers' willingness to pay for premium beauty experiences [26][29]. Group 3: Strategic Adjustments by Companies - Shiseido is implementing a two-year action plan to rebuild profits through cost-cutting and operational efficiency, successfully turning a previous loss into a profit in its latest financial report [14][15]. - Coty faces significant risks due to the impending expiration of its Gucci licensing agreement in 2028, prompting a strategic review and a focus on fragrance business growth [15][25]. - Consumer goods giants like Unilever and Procter & Gamble are steadily expanding their beauty and personal care segments, with Unilever acquiring several natural and functional brands to enhance its portfolio [17][25]. Group 4: Future Industry Trends - The beauty industry is expected to see continued acceleration in mergers and asset restructuring, with both global giants and local brands adapting to market fluctuations [25][26]. - Digitalization and technological advancements are becoming key competitive factors, with brands leveraging AI and online channels to enhance customer engagement and product offerings [27][29]. - The overall transformation in the beauty industry is characterized by a focus on high-end products, technological innovation, and global expansion, with domestic brands poised to lead in the international market [25][29].

中新网香港1月2日电 (记者 戴小橦)香港特区政府入境事务处2日公布，1月1日香港录得出入境人次约 118万，其中入境人次约66.4万，出境人次约51.6万。在入境人次中，内地访客约21.5万人次，较去年元 旦的约10.6万人次同比增长102.83%。 (机遇香港)元旦当天访港内地旅客人次同比增一倍 编辑：陈俊明 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 1月1日，由香港特区政府文化体育及旅游局辖下的文创产业发展处策划、位于旧油麻地警署原址的"油 麻地警署光影之旅"展览正式开幕。图为众多旅客在旧油麻地警署外拍照留念。 中新网记者 李志华 摄 香港旅游促进会总干事崔定邦表示，1日起内地开启元旦假期，香港作为热门短途游目的地，叠加香港 节庆活动及"油麻地警署光影之旅"展览的开放，对旅客形成较强吸引力。访港旅客人次录得升幅，有望 为香港经济注入动力。据零售业界反馈，旅客在保健品、护肤品等品类的消费意愿依然坚挺。(完) 来源 ...

香港旅游促进会总干事崔定邦表示，1日起内地开启元旦假期，香港作为热门短途游目的地，叠加香港 节庆活动及"油麻地警署光影之旅"展览的开放，对旅客形成较强吸引力。访港旅客人次录得升幅，有望 为香港经济注入动力。据零售业界反馈，旅客在保健品、护肤品等品类的消费意愿依然坚挺。(完) 1月1日，由香港特区政府文化体育及旅游局辖下的文创产业发展处策划、位于旧油麻地警署原址的"油 麻地警署光影之旅"展览正式开幕。图为众多旅客在旧油麻地警署外拍照留念。 中新网记者 李志华 摄 中新网香港1月2日电 (记者 戴小橦)香港特区政府入境事务处2日公布，1月1日香港录得出入境人次约 118万，其中入境人次约66.4万，出境人次约51.6万。在入境人次中，内地访客约21.5万人次，较去年元 旦的约10.6万人次同比增长102.83%。 ...