永嘉集团：高级时装零售业务于第三季度的整体收益增长率则约为+5%

Core Insights - Yongjia Group (03322) reported a decline in same-store sales growth for its high-end fashion retail business, with rates of approximately -10% for Q3 2025 and -7% year-to-date 2025 [1] - Despite the decline in same-store sales, the overall revenue growth for the high-end fashion retail business was approximately +5% for both Q3 2025 and year-to-date 2025 [1] - The increase in overall revenue growth is primarily driven by wholesale revenue from sales to franchisees of a rapidly growing brand introduced in the second half of 2024 [1]