大行评级丨里昂：黄金周消费趋势分化 首选LVMH、颖通及安踏等

Core Insights - Overall consumer trends during the holiday period show divergence, with strong travel demand and a 6.9% year-on-year increase in total inter-regional travel volume [1] - The luxury goods sector is experiencing continued improvement, benefiting from easier comparative bases, targeted customer development, and increased mall promotions [1] - However, the film box office and sports apparel sectors are underperforming [1] - Sales in the gold and jewelry segment are supported by rising gold prices, but overall sales volume remains weak [1] - Preferred stocks include luxury groups LVMH, Richemont, Yintong Holdings, and Anta Sports [1]