2月27日，珍酒李渡（6979.HK）发布2025年度业绩预告。公告显示，2025年公司预计营收35.5亿元—37亿元，经调整净利润5.2亿元—5.8亿元。 △公告截 图 在白酒行业深度调整的2025年，这份承压的成绩单，深刻反映了当前宏观消费环境与产业周期叠加背景下，整个酒业面临的困境与挑战。业绩预告中表 示，业绩波动主要受白酒消费复苏不及预期和主动优化市场库存影响。 面对挑战，珍酒李渡并未追求短期数据增长，而是调整发展节奏，以"万商联盟"为核心，重塑行业生态，推动厂商共生，为下一轮高质量发展积蓄势 能。 01 不是一家之困，而是行业之难 2025年，中国白酒行业经历了极不寻常的一年。 Wind数据显示，20家A股白酒上市公司第三季度营收、净利润分别下滑18.47%、22.22%。已披露2025业绩预告的9家白酒企业中，净利润均下滑，其中4 家甚至出现亏损。 这充分说明，2025年白酒企业业绩承压，本质上是系统性、全行业的周期性调整，没有企业能独善其身。 放眼全球市场，白酒并非孤例。即便是搅动全球经济的特斯拉，也交出十年来最差成绩单，2025年净利润下滑46%；奢侈品牌Gucci销售额连续3年下跌， 202 ...

2月27日，珍酒李渡（6979.HK）发布2025年度业绩预告。公告显示，2025年公司预计营收35.5亿元—37亿元，经调整 净利润5.2亿元—5.8亿元。 △公告截图 在白酒行业深度调整的2025年，这份承压的成绩单，深刻反映了当前宏观消费环境与产业周期叠加背景下，整个酒业 面临的困境与挑战。业绩预告中表示，业绩波动主要受白酒消费复苏不及预期和主动优化市场库存影响。 面对挑战，珍酒李渡并未追求短期数据增长，而是调整发展节奏，以"万商联盟"为核心，重塑行业生态，推动厂商共 生，为下一轮高质量发展积蓄势能。 不是一家之困，而是行业之难 2025年，中国白酒行业经历了极不寻常的一年。 Wind数据显示，20家A股白酒上市公司第三季度营收、净利润分别下滑18.47%、22.22%。已披露2025业绩预告的9家 白酒企业中，净利润均下滑，其中4家甚至出现亏损。 这充分说明，2025年白酒企业业绩承压，本质上是系统性、全行业的周期性调整，没有企业能独善其身。 放眼全球市场，白酒并非孤例。即便是搅动全球经济的特斯拉，也交出十年来最差成绩单，2025年净利润下滑46%； 奢侈品牌Gucci销售额连续3年下跌，2025年利 ...

这种变化并非偶然。线上特卖平台既能帮助品牌提升库存周转效率，也能触达一批高频、稳定、具备消费力的用户群体。 数据最直观。2024年，全国205家品质奥莱狂揽1800亿营收，客流逼近9亿人次——意味着每14个中国人里，就有一个在去年逛过奥莱。到2025年，中国奥莱 行业销售规模已逼近2500亿。头部项目年营收动辄数十亿，在当下环境里显得格外亮眼。 人潮就是最好的证明。周末的上海青浦、北京赛特、佛山罗浮宫，停车场一位难求。耐克、阿迪达斯门口排起长龙，Gucci和Burberry店里挤满了背着名牌 包、却在寻找下一个名牌包的年轻夫妇。 这背后并不是消费降级，而是消费逻辑的变化。中产并没有停止购买品牌，只是开始重新计算价格与价值的关系。过去习惯守在专柜，如今更愿意去奥 莱"理性升级"。 大家发现没，现在衡量一个城市够不够"有面儿"、消费力够不够顶，早已不再看高楼大厦，而是看有没有山姆会员店和奥特莱斯？ 山姆不谈，奥莱却很有意思。这个过去一度被贴上"郊区商场"标签的业态，如今却成了中产周末打卡的新地标。 品牌显然也看懂了趋势。曾经坚持价格体系的"中产标配"，这两年纷纷加码奥莱渠道。"户外爱马仕""中产新三宝"等中高端品 ...

皮革钱包是一种用皮革材料制作的小型钱包，用于存放纸币、硬币和信用卡等货币和财务物品。它通常具 有多个隔层和口袋，以便组织和存放不同类型的货币和卡片。皮革钱包的设计和风格可以各不相同，包括 折叠式、拉链式、扣子式等。它们通常具有耐用性和高品质的外观，因为皮革是一种经久耐用的材料，并 且可以提供一定的防水性能。 皮革钱包在市场上非常受欢迎，因为它们既实用又具有时尚感，适合男性和女性使用。消费者对高品质、 耐用和时尚的皮革钱包的需求不断增加，该市场在过去几年中一直保持稳定增长 消费者对皮革钱包的偏好因地区和年龄而异。年轻一代消费者更倾向于时尚、多功能和个性化设计的皮革 钱包，而中年和老年消费者更注重品质和实用性。 2017、2022年全球皮革钱包主要产品占比分析 皮革钱包行业龙头企业介绍 随着可持续发展和环保意识的增强，消费者对使用环保材料和可持续生产过程的皮革钱包的需求也在增 加。一些品牌开始使用可再生材料和采用环保生产方法来满足这一需求。 皮革钱包主流产品介绍 传统款式钱包：这些钱包通常采用经典的设计，如折叠式或拉链式。它们具有多个隔层和口袋，用于存放 纸币、硬币和卡片。传统款式钱包注重实用性和耐用性，适合那些 ...

Group 1 - Valentino has appointed Liran Peterzil as the new chief marketing officer, effective March 2, reporting to CEO Riccardo Bellini [1] - Peterzil will be responsible for developing Valentino's global brand strategy and overseeing marketing, communications, events, media relations, and overall brand experience worldwide [2] - Peterzil brings over 20 years of international experience in brand development and communications from luxury, hospitality, and entertainment sectors, having held senior positions at notable companies [3] Group 2 - CEO Riccardo Bellini has been building his team since taking leadership on September 1, starting with the appointment of Laurent Bergamo as deputy CEO [4] - Davide Tosi has been named chief merchandising officer of Valentino, previously serving as global chief merchandising officer of ready-to-wear at Gucci [5]

As New York Fashion Week kicks off this season, it's not just about the catwalks and the clothes. All eyes are on AI and one of the fastest growing ready toear fashion brands, Lejants, is here for it. >> It's innovative. It's very on track to our brand growth.And it's the way of the future. >> That's Leans's fashion director, Tara Rudan. She not only helps shape the brand style, but also its strategy, forecasting what comes next.And for them, it's generative AI. >> It's essential. It's databased.And we're c ...

Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the retailer’s $1.75bn bankruptcy financing. Vendors have sought assurances that lenders would not assert rights over concession or consignment inventory, or related cash proceeds, sources told Reuters. According to the news agency’s report, all sides were hoping to reach an agreement before a 17 February 2026 court deadline to object to the loan, though some issue ...

表彰对全球零售与消费生态系统的终身贡献与持续领导力。携手 Hamat，共同推动长期价值创造与巩固行业领导地位。 沙特阿拉伯利雅得, Feb. 12, 2026 (GLOBE NEWSWIRE) -- 2 月 3 日，Hamat 与 RLC Global Forum 共同主办了 RLC Honors Gala Dinner (RLC Honors 颁奖晚宴)，迎来全球零售、奢侈品及消费者生态系统的资深领导者共聚一堂，表彰卓越成就、领导力与持久影响力。 与 2026 RLC Global Forum 同期举办的 RLC Honors，旨在表彰那些以其职业生涯长期推动企业、行业与市场变革的个人。 该荣誉不仅是对成功的庆祝，更体现了 RLC 的理念：领导力体现在一贯性、责任担当，以及在变革时期构建行业关联性与韧性的能力。 2026 RLC Honors 在利雅得一个独特而私密的场所举行，由 RLC Global Forum 及其社区的长期支持者 Hamat 联合呈现。 Hamat 的持续参与彰显了双方在长期价值创造以及推动零售与消费行业发展方面的共同承诺。 今年的典礼表彰了两位对全球及地区零售业均产生深远影响的杰出人 ...

Core Viewpoint - Kering, the owner of Gucci, reported weaker results for 2025, with a significant decline in sales and profits, and is signaling a turnaround strategy for 2026 [1] Financial Performance - Revenue decreased by 13% to €14.67 billion ($17.48 billion) on a reported basis and by 10% on a comparable basis [1] - Recurring operating income fell by 33% to €1.63 billion, reducing the margin from 14.5% to 11.1% [1] - Recurring net income from continuing operations was €532 million, equating to €4.34 per share [2] - Free cash flow from operations totaled €4.4 billion, down 35% year-on-year [2] - Net debt at the end of December was €8 billion, a decrease of €2.5 billion from the previous year [2] Segment Performance - Retail revenue declined by 11% on a comparable basis, while wholesale sales fell by 9% [3] - Gucci's revenue dropped 22% to €5.99 billion, with retail down 18% and wholesale off 34% [3] - Yves Saint Laurent reported €2.64 billion in revenue, down 8%, with a 20% margin on €529 million of operating income [3] - Bottega Veneta's revenue increased by 3% to €1.70 billion, improving its margin to 15.6% [4] - Kering Eyewear and Corporate generated €1.6 billion in revenue, also up 3% on a comparable basis [4] Future Outlook - The board plans to propose an ordinary dividend of €3 per share, alongside an exceptional €1 per share dividend following the disposal of Kering Beauté to L'Oréal [5] - Kering aims to restore growth and improve margins in 2026, with a new transformation strategy to be presented on April 16, 2026 [5] - CEO Luca de Meo emphasized that the 2025 performance does not reflect the group's true potential and highlighted decisive actions taken in the second half of the year [6]

Group 1 - Kering's luxury brand Gucci, which accounts for 39% of group sales, is showing improved sentiment ahead of Demna's first runway show [1] - TD Cowen has raised its forecasts for Gucci, expecting 2% growth in H1 2026 and 6% in H2 2026 due to new product introductions [1] - Kering reported a 9% decline in Q4 revenues to 3.91 billion euros, with a 3% decline in comparable terms, which was better than consensus estimates [2] Group 2 - Gucci's organic revenue decline of 10% was slightly better than the 11% decrease forecasted by analysts, indicating a sequential improvement [3] - TD Cowen anticipates a rapid rollout of new Gucci products and broader collections in the latter half of the year [3] - Kering's agility in brand and product innovation is viewed positively, although there are concerns about weak store traffic and execution risks [6] Group 3 - Barclays is optimistic about Gucci's potential for a fragrance franchise with new beauty licensee L'Oréal, projecting a possible 5 billion euro fragrance business by 2028 [7] - Current Gucci fragrance sales are estimated at around 500 million euros under the existing licensee Coty [7] - L'Oréal's successful track record in scaling brands through acquisitions is highlighted, with over 70 acquisitions completed in the past 20 years [8]