并购能否拯救美妆股?一个战略视角

英为财情
Jun 28, 2025

Investing.com - 并购为美妆股提供了战术机会,但Evercore ISI的分析师认为,这些举措对解决该板块的核心挑战作用有限。该行业正在应对需求波动、消费者行为演变和零售分销渠道转变等问题,这些因素共同导致估值受压。根据Evercore ISI的数据,美妆股相对于标普500和必需消费品的交易估值处于15年来的相对低点。过去两年,宏观经济不确定性以及美国和中国分销渠道的重大转变给该板块...

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