Group 1 - Star Stone Investment recently conducted research on the listed company Jiaman Apparel, focusing on its strategic changes for 2023, including a shift to a cooperative model after the expiration of the Hush Puppies adult shoe authorization [1] - Jiaman Apparel plans to concentrate its men's and women's clothing designs on classic casual styles while steadily developing its children's clothing channels [1] - The design and sales teams consist of both company veterans and externally recruited personnel, with franchisees expressing positive attitudes towards the design style, color usage, and material comfort for the 2025 autumn/winter product line [1] Group 2 - Jiaman Apparel's pricing strategy aims to establish brand positioning, with slight fluctuations based on market sales and promotional rules [1] - The company maintains a relatively stable dividend ratio and does not rule out the possibility of increasing the dividend ratio in the future [1] - The main products are positioned for children aged 3-12, with the international high-end children's clothing store BEBELUX also selling infant clothing products [1]
【私募调研记录】星石投资调研嘉曼服饰