歌力思电商渠道也表现突出。公司在天猫等传统平台稳步增长，近两年抖音、小红书等内容电商渠道取 得突破，未来将持续加大电商投入。海外业务方面，法国IRO品牌通过关闭低效门店、加大研发投入逐 步改善，公司计划灵活调整策略，推动其明年继续恢复。 （文章来源：证券日报） 在品牌运营层面，歌力思围绕"成为有国际竞争力的高端时装品牌集团"战略，聚焦高端领域。通过强化 设计、加大品牌投入、升级门店与优化会员体验，结合线上多品牌多平台策略，旗下收购品牌表现亮 眼，线上业务实现快速增长，精细化运营成为核心支撑。 同时，公司费用管控成效显著。2025年作为"降本年"，公司通过流程优化、严格预算管理及营销"品销 合一"，并在"设计-供应链-商品管理-品牌运营"全链路引入AI技术，推动费用率下降。前三季度歌力思 销售费用率、管理费用率同比分别降低2.55、1.50个百分点至48.3%、7.1%。 AI应用是本次说明会的焦点。公司成立AI领导小组，设"最佳AI应用奖"与内部社区推动落地：设计端 用蝶讯AI等工具提升效率；供应链端自主研发智能体系统，联合第七在线实现需求预测；营销端借AI 制作宣传物料降本；管理端靠AI工具诊断门店销售。A ...

12月8日，歌力思(603808)召开2025年第三季度业绩说明会。2025年前三季度，公司归母净利润同比增 长427.34%至1.14亿元，受到了市场的高度关注。 电商渠道方面，歌力思表示，公司坚持多品牌多平台发展战略，在天猫等传统货架式电商平台保持持续 增长，同时重视抖音、小红书等内容式电商趋势，近两年旗下品牌在抖音等平台取得突破性进展。 海外业务方面，法国IRO品牌的降本增效措施正有序实施，2025年前三季度通过有序关闭低效门店、加 强品牌和产品设计研发投入，海外业务逐步改善。歌力思表示，未来将根据海外经营环境灵活调整，保 留良性发展门店并持续加大研发投入，推动IRO品牌恢复健康发展，相信明年海外业务将继续改善。 对于未来业绩，歌力思董事长夏国新表示，公司持续发展的主要动因包括四方面：一是持续挖掘品牌内 涵，提升品牌力以推动同店增长；二是实现品牌门店的有质量扩张，通过开设形象店、旗舰店、扩大店 铺面积等增加市场占有率；三是线上多品牌挖掘多平台增长潜力；四是多品牌多产品线不断扩充。随着 消费者对个性化、品牌化的追求升级及消费力提升，公司未来仍有广阔发展空间。 （文章来源：证券时报网） 歌力思在业绩说明会上 ...

12月8日，歌力思（603808.SH）召开2025年第三季度业绩说明会。2025年前三季度，公司归母净利润 同比增长427.34%至1.14亿元，受到了市场的高度关注。 歌力思在业绩说明会上指出，利润的大幅改善离不开多方面的协同发力。一方面，公司旗下多品牌在国 内市场稳健发展，获得了稳步增长；另一方面，国内经营管理效率提升，费用率有所下降；同时，公司 通过加速优化低效门店、加强预算管理，费用进一步控制，海外业务逐步改善。 有投资者关注到，歌力思旗下收购的多个品牌近年表现亮眼。公司表示，核心原因在于公司坚守"成为 有国际竞争力的高端时装品牌集团"的战略目标，聚焦高端时装领域持续耕耘。公司持续强化设计、加 大品牌投入与终端运营管理，深挖品牌内涵以提升品牌力、推动门店升级，强调会员体验优化，还通过 线上多品牌多平台的发展策略，充分挖掘不同品牌的增长潜力，推动线上业务快速发展，精细化运营管 理能力成为品牌发展的根本支撑。 费用率的下降是公司业绩改善的重要助力。2025年被定位为公司的"降本年"，公司通过持续推进流程优 化、严格预算管理，让各品牌全面强调营销活动品销合一，同时从"设计-供应链-商品管理-品牌运营"全 ...

"2025年是人工智能技术高速发展的一年，公司高度重视人工智能为企业经营管理效率提升的作用。"12 月8日，深圳歌力思服饰股份有限公司董事长、总经理夏国新在业绩说明会中回答《证券日报》记者提 问时介绍，公司从多个层面进行了规划。集团层面成立了人工智能领导小组，自上而下地加速人工智能 在集团内部的推广应用，并设立专门奖项，鼓励集团上下积极拥抱人工智能技术，同时内部设立人工智 能社区，推动员工对于人工智能应用进行交流互动，加强内部学习氛围。 夏国新介绍，从设计、供应链、商品管理、营销和运营等多个层面，公司都在积极推动人工智能技术的 应用。"设计方面，公司持续加大在设计企划提案中国内外先进人工智能工具的使用，提升企划阶段的 设计效率和设计细节的精准度；供应链和商品管理方面，公司与外部人工智能供应商合作自主研发供应 链智能体系统，实现人工智能自动解析采购需求，动态预测需求波动，调整采购计划，避免库存积压或 短缺；公司与第七在线等商品管理人工智能服务提供商合作，搭建人工智能智能商品解决方案；营销和 运营方面，公司使用人工智能技术，制作各品牌产品多场景服装的图片展示和视频等，提升效率并节省 拍摄费用；管理方面，公司引入了 ...

Core Insights - The report emphasizes the potential for investment opportunities in the textile and apparel sector, particularly focusing on new consumption trends and global manufacturing recovery [3][16][18]. Industry Performance - The textile and apparel sector outperformed the market during the week of November 17 to November 21, with the SW textile and apparel index declining by 4.8%, which was 0.3 percentage points better than the SW All A index [4][10]. - Recent industry data shows that from January to October, the total retail sales of clothing, shoes, and textiles reached 1,205.3 billion yuan, reflecting a year-on-year growth of 3.5% [3][34]. Textile Sector Insights - The Australian wool price index stabilized at 983 cents per kilogram as of November 20, 2025, with a year-on-year increase of 32.3% and a monthly increase of 5.4%, indicating a bullish trend in wool prices [10][50]. - The report suggests that the current price increase in Australian wool is in its early stages, driven by supply constraints and new demand from sports wool yarns, presenting investment opportunities [10][18]. Apparel Sector Insights - Amer Sports reported a 30% increase in revenue to $1.76 billion for Q3 2025, with a net profit increase of 161% to $190 million, exceeding previous guidance and indicating strong growth in the outdoor segment [13][15]. - The report recommends focusing on outdoor sports brands such as Bosideng, which is expected to benefit from seasonal sales and a favorable market environment [15][18]. Investment Strategy for 2026 - The investment strategy for the textile and apparel industry in 2026 focuses on consolidating positions and exploring new consumption trends, particularly targeting younger consumer demographics [16][17]. - The report highlights the importance of the global tariff landscape stabilizing, which is expected to enhance the competitiveness of core manufacturing [18]. Key Recommendations - Recommended companies in the outdoor sports segment include Anta, Bosideng, and 361 Degrees, with a focus on brands that are well-positioned to capitalize on the upcoming winter season and the Milan Winter Olympics [17][18]. - The report also identifies potential in discount retail and personal care sectors, suggesting companies like Hailan Home and Nobon Co., which are expected to benefit from changing consumer behaviors [17][18].

Core Insights - The company achieved a revenue of 2.019 billion yuan in the first three quarters of 2025, with a year-on-year growth of 2.4% on a comparable basis, while net profit attributable to shareholders surged by 427.3% to 114 million yuan [1] - The company is focusing on AI technology to enhance operational efficiency, establishing an AI leadership group and promoting the use of AI tools in design, supply chain management, and marketing [1] - The domestic market saw a comparable revenue growth of approximately 6.0% in the first three quarters, with a notable 8.6% increase in the third quarter [2] Group 1 - The company’s chairman emphasized the importance of AI in improving management efficiency and has initiated various AI-related projects [1] - The company is implementing cost-reduction measures for its overseas brand IRO, which has shown gradual profit improvement in the first three quarters [2] - The main brand ELLASSAY outperformed the domestic mid-to-high-end women's wear sector with a growth of 4.6% [2] Group 2 - The international brands self-portrait, Laurèl, and IRO in China achieved year-on-year growth rates of 16.8%, 12.4%, and 3.1% respectively [2] - The company aims to become a globally competitive high-end fashion brand group, focusing on brand differentiation through investments, acquisitions, and partnerships [2]

Core Points - The company, Shenzhen Ella's Say Fashion Co., Ltd., will hold a Q3 2025 earnings presentation on December 8, 2025, from 15:00 to 16:00 [2][6] - The presentation will be conducted in an interactive online format, allowing investors to engage and ask questions [3][5] - Investors can submit questions from December 1 to December 5, 2025, through the designated website or via email [5][6] Meeting Details - The meeting will take place at the Shanghai Stock Exchange Roadshow Center [2][4] - Key personnel attending include the Chairman and General Manager, as well as other executives and independent directors [4][6] - The company aims to address common investor concerns regarding its Q3 2025 financial results and operational performance [3][5] Additional Activities - The company will also participate in the 2025 Annual Shenzhen Listed Companies Investor Online Reception Day on November 20, 2025, from 14:30 to 17:00 [7][8] - This event will also be conducted online, focusing on various topics such as company performance, governance, and future strategies [7]

证券代码：603808 证券简称：歌力思 公告编号： 2025-027 深圳歌力思服饰股份有限公司 关于参加 2025 年度深圳辖区上市公司投资者 网上集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 为进一步加强与投资者的互动交流，深圳歌力思服饰股份有限公司（以下简 称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上市公 司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公司投 资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 11 月 20 日（周四）14:30-17:00。届时 公司高管将在线就公司业绩、公司治理、发展战略、经营状况、融资计划、股权 激励和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投 资者踊跃参与！ 特此公告。 深圳歌力思服饰股份有 ...

证券代码：603808 证券简称：歌力思 公告编号：2025-028 深圳歌力思服饰股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 12 月 01 日 （星期一） 至 12 月 05 日 （星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zqfw@ellassay.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 深圳歌力思服饰股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度报告经营成果、财务状况，公司计划于 2025 年 12 月 08 日 （星 期一） 15:00-16:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进 行交流。 一、 说明 ...

Core Insights - The recent live-streaming incident involving self-portrait has raised significant concerns about the brand's management and execution, leading to a public acknowledgment of shortcomings by its parent company, Geli Si Group [2][17] - Self-portrait, a British brand founded by Han Chong in 2013, has seen a shift in its reputation from a favored choice among socialites to facing criticism for quality and professionalism [5][17] - Despite the challenges, self-portrait remains a crucial growth driver for Geli Si, with impressive revenue growth and high profit margins compared to other brands in the portfolio [13][16] Brand Background - Self-portrait was established in London by Malaysian designer Han Chong, who aimed to create luxurious yet affordable fashion for women [5][7] - The brand's pricing ranges from 2000 to 8000 yuan, with an average selling price of around 3000 yuan, positioning it in the light luxury segment [5] - The brand has gained popularity in China, especially after Geli Si Group took over its operations in 2019, leading to significant online sales growth [10][12] Financial Performance - In the first three quarters of 2025, self-portrait generated revenue of 424 million yuan, marking a growth rate of 19.36%, making it the fastest-growing brand within Geli Si [13] - Self-portrait's gross margin stands at 80.4%, significantly higher than the group's average of 66%, highlighting its role as a "profit cow" for the company [13] - Online sales for self-portrait increased by over 40% in the same period, contributing to its strong performance in the competitive luxury market [14] Challenges and Market Position - The recent live-streaming incident has raised questions about the brand's professionalism and quality control, potentially damaging its established high-end image [17][20] - The competitive landscape in the light luxury sector is intensifying, with brands like Zhi He and international players such as Sandro and Maje posing threats to self-portrait's market share [19][20] - Despite the negative publicity, experts suggest that the impact on self-portrait may be limited due to the brand's relatively low visibility in the market and the forgiving nature of Chinese consumers [20]