Core Viewpoint - Samsonite (01910) shares rose over 6%, currently at HKD 16.26 with a trading volume of HKD 51.0383 million, indicating positive market sentiment ahead of the upcoming earnings report [1] Financial Performance - The board meeting is scheduled for November 12 to consider and approve the quarterly performance report for the three and nine months ending September 30, 2025 [1] - Daiwa's research indicates that due to a low base effect, Samsonite's third-quarter revenue decline is expected to narrow to 1.4%, aligning with management's guidance [1] Brand Performance - Expectations for Tumi's overall performance show improvement, while American Tourister remains the weakest brand [1] - The global travel demand is anticipated to support a stronger recovery in 2026 [1]

Core Insights - Under Armour announced that Reza Taleghani will join the company as Executive Vice President (EVP) and Chief Financial Officer (CFO) in February 2026, succeeding David Bergman who has served for 21 years [1] - David Bergman will remain with the company until the first quarter of fiscal year 2027 to ensure a smooth transition [1] - Prior to joining Under Armour, Taleghani served as EVP and CFO at Samsonite since 2018 [1]

Core Viewpoint - Samsonite Finco has issued €350 million of senior notes with a 4.375% interest rate maturing in 2033, and the company has completed a new senior credit facility arrangement [1] Group 1 - The total principal amount of the senior notes issued is €350 million [1] - The interest rate for the senior notes is set at 4.375% [1] - The maturity date for the senior notes is in 2033 [1] Group 2 - The new senior credit facility was completed on November 6, 2025 [1] - Proceeds from the new senior credit facility and existing cash on hand were used to refinance the senior credit facility and pay related commissions, fees, and expenses [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致之任 何損失承擔任何責任。 本公告僅供參考之用而並不構成收購、購買或認購本公告所述證券之邀請或要約。本公告並非亦不擬作為 於美國出售本公司證券之要約或要約購買本公司證券要約之游說。本公告所述證券概無及將不會根據美國 證券法或美國任何州之證券法登記，除根據美國證券法獲豁免或不受美國證券法所規限之交易外，概不可 在美國境內或向美國人士（定義見美國證券法 S 規例）或以其名義或為其利益提呈發售或出售。本公告及其 中所載資料不可直接或間接在或向美國發佈。本公告所述證券並無亦不會在美國公開發售。 SAMSONITE GROUP S.A. 新秀麗集團有限公司 於本公告日期，執行董事為 Kyle Francis Gendreau ，非執行董事為 Timothy Charles Parker ，以及獨 立非執行董事為 Claire Marie Bennett 、 Angela Iris Brav 、 Jerome Squire Griffith ...

新秀丽(01910)发布公告，行政副总裁、财务总监兼司库总管Reza Taleghani先生已通知公司其拟卸任职 务以转至另一家公司任职。Taleghani先生计划在公司留任直至2026年1月，以确保业务延续性及工作顺 利交接。 ...

Core Viewpoint - Samsonite (01910) announced that its Executive Vice President, Chief Financial Officer, and Treasurer, Reza Taleghani, intends to resign to take a position at another company, with plans to remain until January 2026 to ensure business continuity and a smooth transition [1] Group 1 - Reza Taleghani will leave his position to join another company [1] - He plans to stay with Samsonite until January 2026 [1] - The purpose of his extended tenure is to ensure business continuity and a smooth handover of responsibilities [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Samsonite Group S.A. 新秀麗集團有限公司 呈交日期: 2025年11月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01910 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,500,000,000 | USD | | 0.01 USD | | 35,000,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 3,500,000,000 | USD | | 0.01 USD | | 35,000,000 | 本月底法定/ ...

Core Viewpoint - Samsonite (01910.HK) announced that its Executive Vice President, Chief Financial Officer, and Treasurer, Reza Taleghani, intends to resign to take a position at another company, with plans to remain until January 2026 to ensure business continuity and a smooth transition [1] Group 1 - Reza Taleghani has notified the company of his intention to resign [1] - The resignation is planned to take effect in January 2026 [1] - The purpose of his extended tenure is to ensure a smooth transition and business continuity [1]

承董事會命 SAMSONITE GROUP S.A. 新秀麗集團有限公司 主席 Timothy Charles Parker 財務總監之變動 新秀麗集團有限公司（「本公司」）董事會（「董事會」）謹此宣佈，行政副總裁、財務總監兼 司庫總管 Reza Taleghani 先生已通知本公司其擬卸任職務以轉至另一家公司任職。Taleghani 先生 計劃在本公司留任直至 2026 年 1 月，以確保業務延續性及工作順利交接。 自 2018 年加入本公司以來，Taleghani 先生在協助本公司應對宏觀經濟不確定性，以及將業務定位 為實現長期盈利增長方面，一直發揮重要的作用。董事會感謝 Taleghani 先生對本公司所作的貢獻， 同時祝願其在下一個職涯階段繼續取得成功。 Taleghani 先生已確認，其離職並非由於與本公司獨立核數師、董事會或其他管理層成員在會計原 則或實務、財務報表披露或內部監控等任何事宜上出現意見分歧，亦概無有關其離職的任何其他 事宜須提請本公司股東垂注。 本公司將啓動人才物色程序，以確定新任財務總監，並將在適當時候公佈上述委任。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概 ...

Core Viewpoint - The A-share apparel sector has shown a positive revenue growth in Q3 2025, with significant net profit growth, primarily due to a lower base in Q3 2024. The home textile segment performed particularly well, while the textile manufacturing sector saw a narrowing decline in both revenue and profit [1][3]. Industry Review - Demand Side: - Online retail sales of clothing in China from January to September increased by 2.8% year-on-year, accelerating compared to the previous months [2]. - In the U.S., retail sales of clothing and accessories rose by 8.3% year-on-year in August, marking an acceleration from July, with continuous month-on-month growth since May [2]. - Export Side: - China's textile and apparel exports in September decreased by 1.5% year-on-year, with textile exports up by 6% and garment exports down by 8% [2]. - Vietnam's textile and footwear exports in September increased by 9% year-on-year, showing an acceleration compared to August [2]. Apparel Sector Q3 2025 Summary - Performance Review: - The A-share apparel sector's revenue growth turned positive in Q3 2025, with a net profit increase of 10.6% compared to a decline of 22.0% in Q2 [3]. - The home textile segment, particularly brands like Luolai and Mercury, showed significant revenue and profit growth [3]. - Operational Efficiency: - Most brands experienced an increase in inventory turnover days year-on-year, except for Ge Li Si, Youngor, Luolai Life, and Mercury Home Textile, which saw a decrease [3]. Textile Manufacturing Q3 2025 Summary - Performance Review: - The revenue decline in the A-share textile manufacturing sector narrowed in Q3 2025, with a decrease of 0.4% compared to 1.9% in Q2 [5]. - Profit decline also narrowed, with a decrease of 11.2% in Q3 compared to 20.4% in Q2, with companies like Nanshan Zhishang and Fuchun Dyeing leading in growth [5]. - Future Outlook: - The impact of short-term tariffs is expected to end by year-end, with future order demand being a key variable. Most overseas brands completed price increases in Q3, making Q4 U.S. consumption trends an important observation [5]. - The concentration of orders and capacity advantages for midstream OEMs with mature overseas production capabilities will become more prominent [5]. - The efficiency of new production capacity and the pace of improvement need to be monitored, with a balanced production line allocation mechanism being crucial [5]. Investment Recommendations - For 2026, the performance recovery logic for the export manufacturing sector appears clearer, driven by the implementation of U.S. tariff policies, reduced pressure on brands, and ongoing efficiency improvements [6]. - Recommended stocks include: - For home textiles: Luolai Life, Mercury Home Textile, and Fuanna [6]. - For light luxury: Prada and Samsonite [6]. - For undervalued high-dividend stocks: Bosideng, Jiangnan Buyi, and Taobo [6].