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老铺黄金涨价前门庭冷落,谁在抛弃“塔尖”?
Zhong Guo Ji Jin Bao·2025-08-19 03:32

Core Viewpoint - The upcoming price increase by Laopu Gold has led to a noticeable decline in consumer enthusiasm, with many customers expressing interest in emerging brands instead of the traditional offerings [1][3][6]. Price Increase - Laopu Gold announced a price adjustment set for August 25, marking the second increase this year, with expected price hikes of approximately 10% to 15% [1][2]. - The consumer response to this price increase is significantly less intense compared to previous increases, with fewer customers queuing and shorter wait times observed in stores [3][5]. Consumer Sentiment - Consumers are increasingly questioning the value of Laopu Gold's products, noting that the craftsmanship has not improved alongside the rising prices [3][6]. - Some consumers are exploring alternatives, such as international luxury brands, due to perceived overexposure and a decline in the brand's exclusivity [6][7]. Brand Strategy and Expansion - Laopu Gold plans to accelerate store openings, targeting over 45 new locations in 2025, primarily in first-tier cities and global core business districts [7][8]. - The brand aims to enhance its product offerings by increasing the proportion of diamonds and integrating cultural elements into its designs [8]. Market Competition - Emerging brands like Lin Zhao and Bao Lan are gaining traction, with consumers increasingly mentioning them as viable alternatives to Laopu Gold [9][10]. - Laopu Gold's positioning as a high-end brand may be challenged by the growing presence of these competitors, which are also targeting the luxury market [10][11]. Financial Performance - Laopu Gold reported strong sales forecasts for the first half of the year, expecting revenues between 120 billion to 125 billion yuan, a year-on-year increase of 240% to 252% [13]. - Despite the positive sales outlook, the company's stock price has seen a significant decline of nearly 30% within a month, attributed to various market factors and shareholder actions [13][15].