2 0 2 5年上半年，联合利华在转型期交出一份账面成绩并不光鲜，但总体发展形势向好的成绩 单。 财报显示其总体营业额实现3 0 1亿欧元（约合人民币2 4 7 6亿元），同比下降3 . 2%，主要受汇 率波动（- 4 . 0%）和业务调整（- 2 . 5%）影响，基础销售额增长3 . 4%；另外营业利润为5 3亿欧 元(约合人民币4 3 7亿元)，同比大跌1 0 . 6%。 联 合 利 华 首 席 执 行 官 费 尔 南 多 ・ 费 尔 南 德 斯 （ Fe r n a n d o Fe r n a n d e z ） 认 为 ： " 这种平衡来之 不 易 。 在 全 球 通 胀 压 力 下 ， 我 们 既 保 住 了 市 场 份 额 ， 又 通 过 产 品 结 构 优 化 实 现 了 合 理 提 价 。 "但结合利润表现看，联合利华的产品高端化之路还有得一走。 这家百年企业正经历深刻转型——冰淇淋业务分拆在即，网红营销成为新引擎，中国市场则在 调整中酝酿反弹。 " 我们增长的关键在于'聚焦'与'敏捷'， "费尔南德斯在2 0 2 5年半年度财报会中表示，" 无论 是发达市场的持续领跑，还是新兴市场的逐步改 ...

Group 1 - The recent leadership change at Unilever (China) Co., Ltd. reflects the company's strategic adjustments in response to challenges in the global and Chinese markets [1][3] - Roland Polaroid Hutabarat has been appointed as the new chairman, succeeding Zhong Zhaomin, indicating Unilever's focus on the beauty and health sectors in China [1][3] - The leadership transition is part of a broader trend of management changes within Unilever globally, aimed at driving business transformation and enhancing profitability [3] Group 2 - Unilever faces significant challenges in the Chinese market, including a high single-digit decline in performance during Q1 2025, with brands like Clear and Lifebuoy experiencing downturns [4] - The rise of local brands poses a strong competitive threat to Unilever, as these brands leverage their understanding of the local market and offer more competitive pricing [4] - Rapid changes in consumer demand are increasing the pressure on Unilever to innovate its product offerings [4] Group 3 - In response to market challenges, Unilever is intensifying its investment in the Chinese market, particularly in the beauty and health sectors, by establishing a high-end beauty matrix with ten major brands [6] - The company is optimizing its brand portfolio by discontinuing underperforming brands, such as Tatcha and REN, to focus resources on stronger brands [6] - Unilever's strategic adjustments aim to enhance market competitiveness and operational efficiency in China [6] Group 4 - The leadership change is seen as a crucial part of Unilever's strategy to address market challenges and signals the company's long-term commitment to the Chinese market [7] - The new chairman's extensive supply chain management experience is expected to improve operational efficiency, particularly in the beauty and health sectors [7] - Unilever's ongoing adjustments and new management are anticipated to bring fresh energy and opportunities in the Chinese market [9]

Ulta Beauty (ULTA) Q1 2026 Earnings Call May 29, 2025 04:30 PM ET Company Participants Kiley Rawlins - SVP - Investor RelationsKecia Steelman - President & CEOPaula Oyibo - Chief Financial OfficerOlivia Tong - Managing DirectorSimeon Siegel - Managing DirectorKate McShane - Managing DirectorSydney Wagner - Equity Research Senior Associate - Beauty & Personal Care Conference Call Participants Rupesh Parikh - Managing Director and Senior AnalystSusan Anderson - Managing Director & Senior AnalystKorinne Wolfme ...