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记者实探|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 03:57

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 traditional offerings [1][4][6]. Price Increase - Laopu Gold announced a price adjustment set for August 25, marking its second price increase of the year, with expected increases ranging from 10% to 15% [1][2]. - Consumer reactions to the price hike have been muted compared to previous increases, with fewer customers queuing and shorter wait times observed in stores [4][5]. Consumer Sentiment - Customers have expressed concerns about the quality of Laopu Gold's products, noting that recent craftsmanship does not match previous standards despite rising prices [4][7]. - Some consumers are shifting their preferences towards other brands, indicating a potential loss of exclusivity for Laopu Gold as it expands its market presence [7][10]. Brand Expansion and Strategy - Laopu Gold plans to accelerate its store openings, targeting over 45 new locations in major cities by 2025, which may dilute its brand's exclusivity [6][8]. - The company is also focusing on product innovation, including increasing the proportion of diamonds and integrating cultural elements into its designs to attract high-end consumers [8][10]. Market Competition - Emerging brands like Lin Zhao and Bao Lan are gaining traction, with consumers increasingly considering them as alternatives to Laopu Gold [10][11]. - Analysts suggest that Laopu Gold's real competition may not be from these emerging brands but rather from its ability to create a brand identity that transcends the intrinsic value of gold [13]. 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% [14]. - Despite robust financial performance, the company's stock price has seen a significant decline of nearly 30% within a month, attributed to various market factors and shareholder actions [14].