Core Viewpoint - Shenzhen Geli Si Clothing Co., Ltd. forecasts a steady revenue growth of 1%-5% year-on-year for 2025, with net profit expected to reach approximately 160 million to 210 million yuan, excluding the impact of Ed Hardy no longer being consolidated [1][2]. Group 1: Domestic Business Performance - The multi-brand matrix of the company is steadily developing, with a projected revenue growth of about 1%-5% year-on-year (unaudited) for 2025, driven by strong performances from international brands such as self-portrait, Laurèl, and IRO in the domestic market [3][4]. - The company is enhancing operational efficiency, focusing on the integration of product and sales, and actively promoting the application of AI technology, leading to a decrease in expense ratios in the domestic market and improved profitability [3][4]. Group 2: Overseas Business Improvement - The company is implementing cost reduction and efficiency improvement measures in its overseas operations, optimizing low-efficiency stores, and strictly managing budgets, resulting in a noticeable improvement in overseas profits on a quarterly basis and a significant year-on-year improvement [4]. Group 3: Embracing AI Technology - The company is fully embracing AI technology across the entire operational chain, from design to supply chain, product management, and brand operation, significantly enhancing operational efficiency [2][4]. - AI is being utilized to reshape traditional clothing design processes, automate material demand calculations, and generate promotional content, leading to substantial cost savings in marketing [2][4]. - In 2026, the company plans to continue investing in existing brand development while enhancing refined management capabilities and further promoting the integration of product and sales along with comprehensive AI applications [2][4].

Core Viewpoint - The company, Shenzhen Ge Li Si Apparel Co., Ltd., forecasts a turnaround in profitability for the fiscal year 2025, expecting a net profit attributable to shareholders of between 160 million to 210 million yuan, compared to a loss in the previous year [1][2]. Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The company anticipates a net profit attributable to shareholders of 160 million to 210 million yuan, marking a significant recovery from a loss of 309.53 million yuan in the previous year [1][2]. - The expected net profit after deducting non-recurring gains and losses is projected to be between 115 million to 172 million yuan [1]. Previous Year Performance - In the previous year, the company reported a net loss attributable to shareholders of 309.53 million yuan and a net loss of 312.70 million yuan after deducting non-recurring gains and losses [1][2]. Reasons for Expected Profitability - The company’s multi-brand matrix is expected to develop steadily, with an estimated revenue growth of 1% to 5% year-on-year, excluding the impact of Ed Hardy, which will no longer be included in the consolidated financial statements [2]. - Notable performance from international brands such as Self-Portrait, Laurèl, and IRO in the domestic market, along with effective management of offline stores and rapid growth in online platforms, is driving revenue growth [2]. - Improved operational efficiency and strict budget management have led to a decrease in domestic market expense ratios, contributing to profit growth [2]. - Cost control measures in overseas operations have resulted in significant improvements in overseas business profits [2]. - The company’s associate, Baiqiu Shangmei, has shown steady growth across its business lines, positively impacting the company's investment income [2]. Impairment Testing - The company is conducting preliminary impairment testing on goodwill and trademark assets related to the IRO brand, with an estimated impairment provision of approximately 60 million to 80 million yuan [3].

（文章来源：证券日报） 证券日报网讯 1月28日，歌力思发布公告称，公司预计2025年度实现归属于上市公司股东的净利润 16000万元至21000万元，与上年同期相比，将实现扭亏为盈。 ...

歌力思（603808）(603808.SH)发布公告，公司预计2025年度实现归属于上市公司股东的净利润1.6亿元 至2.1亿元，与上年同期相比，将实现扭亏为盈。 ...

智通财经APP讯，歌力思(603808.SH)发布公告，公司预计2025年度实现归属于上市公司股东的净利润 1.6亿元至2.1亿元，与上年同期相比，将实现扭亏为盈。 ...

证券代码：603808 证券简称：歌力思 公告编号：2026-001 深圳歌力思服饰股份有限公司 2025 年年度业绩预告 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： 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 1、经财务部门初步测算，预计 2025 年度实现归属于上市公司股东的净利润 16,000 万元至 21,000 万元，与上年同期相比，将实现扭亏为盈。预计 2025 年度 实现归属于上市公司股东的扣除非经常性损益的净利润 11,500 万元至 17,200 万 元。 2、本期业绩预告为公司根据经营情况的初步预测，未经注册会计师审计。 1、2025 年公司旗下多品牌矩阵稳健发展，国内总体保持良好增长态势，考 虑到 Ed Hardy 报告期内不再纳入合并报表范围，剔除此影响的可比口径下，公 司实现营业收入同比增长预计约 1%-5%左右（未经审计）。其中国际品牌 self-portrait、Laurèl 以及 IRO 在 ...

Core Viewpoint - The company, GeLiSi (603808.SH), is expected to turn a profit in 2025, projecting a net profit attributable to shareholders of between 160 million to 210 million yuan, compared to a loss in the previous year [1] Financial Performance - The projected net profit excluding non-recurring gains and losses for 2025 is estimated to be between 115 million to 172 million yuan [1] - The company anticipates a revenue growth of approximately 1% to 5% year-on-year, after excluding the impact of EdHardy from the consolidated financial statements [1] Brand Performance - The company's multi-brand matrix is expected to develop steadily, with strong performance from international brands such as self-portrait, Laurèl, and IRO in the domestic market [1] - The company has maintained high-quality operational management of its offline stores while experiencing rapid growth in online platforms, contributing to good revenue growth in domestic business [1] Operational Efficiency - The company has been enhancing operational efficiency and strictly implementing budget management, resulting in a decrease in expense ratio in the domestic market [1] - Profitability in the domestic business is expected to improve year-on-year due to these efficiency measures [1] - In overseas markets, cost reduction and efficiency improvement initiatives are being implemented, leading to better control of expenses and significant improvement in overseas business profitability year-on-year [1]

Core Viewpoint - The company expects to achieve a net profit attributable to shareholders of 160 million to 210 million yuan for the fiscal year 2025, marking a turnaround from a loss of 310 million yuan in the same period last year [1] Financial Performance - The expected net profit for 2025 is projected to be between 160 million and 210 million yuan, compared to a loss of 310 million yuan in the previous year [1] - The expected non-recurring net profit is estimated to be between 115 million and 172 million yuan, also an improvement from a loss of 313 million yuan in the same period last year [1] - Revenue is anticipated to grow by 1% to 5% year-on-year on a comparable basis, excluding the impact of the non-consolidated EdHardy brand [1] Factors Contributing to Performance - The anticipated profit increase is attributed to the development of a multi-brand matrix, improved operational efficiency, cost reduction and efficiency gains overseas, and profit growth from associated companies [1] Impairment Considerations - The company expects to recognize an impairment of goodwill and trademarks related to Qianhai Shanglin (IRO brand) in the range of 60 million to 80 million yuan [1]

Market Performance - The apparel and home textile sector increased by 0.92% compared to the previous trading day, with Qipilong leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] Top Gainers - Qipilong (002029) closed at 11.77, with a rise of 6.71% and a trading volume of 767,200 shares, amounting to a transaction value of 898 million [1] - Henghui Security (300952) rose by 6.04% to close at 42.65, with a transaction value of 507 million [1] - ST Bosen (002569) increased by 4.98% to 13.69, with a transaction value of 28.31 million [1] - True Love Home (003041) saw a 3.95% increase, closing at 57.15, with a transaction value of 575 million [1] Top Losers - Tianchuang Fashion (603608) experienced a significant drop of 8.88%, closing at 9.54, with a trading volume of 807,400 shares [2] - Zhongwang Fabric (605003) fell by 5.13% to 30.36, with a transaction value of 198 million [2] - Kute Intelligent (300840) decreased by 3.64% to 19.86, with a transaction value of 69.5 million [2] Capital Flow - The apparel and home textile sector saw a net outflow of 18.39 million from institutional investors and 26.21 million from retail investors, while retail investors had a net inflow of 44.60 million [2] - Major stocks like Haian Home (600398) and Jiuwang (601566) had varying net inflows and outflows from different investor categories [3] Individual Stock Capital Flow - Haian Home (600398) had a net inflow of 29.51 million from institutional investors, while it faced a net outflow of 14.39 million from retail investors [3] - Jiuwang (601566) saw a net inflow of 24.87 million from institutional investors, with a net outflow of 27.62 million from retail investors [3] - Qipilong (002029) had a net inflow of 21.97 million from institutional investors, but a significant net outflow of 39.48 million from retail investors [3]

Group 1: Market Dynamics and Strategic Moves - Saks Global is facing bankruptcy due to a debt crisis, leading to a CEO change as the company seeks emergency financing and asset sales [4][5] - LK Bennett has applied for bankruptcy management for the second time in six years, highlighting the vulnerability of mid-range brands in the current market [8] - LVMH has expanded its media presence by acquiring three significant magazines, aiming to enhance its cultural influence and digital transformation [7] - Bain Capital has acquired EcoMarketing, the parent company of the South Korean brand Andar, for approximately $3.44 billion, marking a significant investment in the fashion sector [1][2] Group 2: Company Performance and Financial Health - Saks Global reported a 13% year-over-year decline in revenue for Q2, totaling $1.6 billion, and has lowered its annual forecast [5] - LK Bennett's latest financial report shows a loss of £3.2 million and debts of £22 million, with a 13.5% drop in revenue to £42.1 million [8] - Shenzhen Ge Li Si's revenue for the first three quarters of 2025 decreased by 6.22% to ¥2.019 billion, but net profit surged by 427.34% to ¥114 million [11] - Lin Qingxuan, a domestic skincare brand, successfully listed on the Hong Kong Stock Exchange, achieving a market capitalization of HK$11.87 billion [12] Group 3: Strategic Leadership Changes - Under Armour appointed Jillian Gorman as the new digital experience head for the Americas, as part of its transformation strategy [16] - Ge Li Si has appointed Wang Dusen as the new general manager, focusing on profit improvement and operational efficiency [11] - Salvatore Ferragamo will not renew its partnership with Majestic Honor Limited, aiming to regain full control over its decision-making [14] Group 4: Retail Innovations and Consumer Trends - The opening of MIXC VILLAGE in the Greater Bay Area attracted 120,000 visitors on its first day, indicating strong consumer interest in innovative retail formats [17] - The project aims to cater to cross-city consumers and redefine shopping experiences, moving beyond traditional retail models [17]