Financial Data and Key Metrics Changes - The company's preliminary revenue for 2024 was €328,000,000, a decrease of 23% compared to 2023, reflecting broader industry trends and macroeconomic challenges [3][4] - Wholesale revenue across the company fell significantly, with declines noted in various brands [10][12] Business Line Data and Key Metrics Changes - Lanvin, the flagship brand, experienced a revenue decline of 26%, from €112,000,000 in 2023 to €83,000,000 in 2024, driven by a global slowdown in luxury demand [10] - Warfar's revenue declined by 31%, with the EMEA region most affected, showing a 36% decline [12] - Sergio Rossi's revenue decreased by 30%, with the EMEA market experiencing a 35% decline [13] - St. John's revenue declined by 12%, with North America showing some resilience with a 3% growth in domestic wholesale [14] Market Data and Key Metrics Changes - Greater China saw a significant decline of 40% in revenue, while North America experienced a 19% decline [11] - The EMEA D2C market remained more resilient despite challenges in wholesale channels [11] Company Strategy and Development Direction - The company is focusing on consolidating its store network, optimizing retail footprint, and enhancing operational efficiency [4][19] - Establishing a second headquarters in Europe is part of the strategy to streamline operations and improve decision-making agility [7][19] - New leadership appointments are expected to drive strategic implementation and transformative initiatives across brands [4][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macroeconomic environment but remains optimistic about future prospects and growth opportunities [3][4] - The company is committed to innovation and growth in the luxury fashion industry, despite current challenges [18][21] Other Important Information - The company is investing in new product launches and creative leadership to drive future growth, with a focus on enhancing the wholesale business and exploring high-growth regions [7][14][18] - The appointment of new artistic and creative directors is expected to bring a fresh vision and energy to the brands [20][21] Q&A Session Summary - There were no questions during the Q&A session, concluding the conference call [22]

孙正义计划购买 OpenAI 员工手里价值 15 亿美元老股。 上汽与大众续签合资协议，有效期至 2040 年。 1 1 月 27 日，大众汽车集团与上汽集团续新约，将上汽大众合资协议延长至 2040 年。根据规划， 上汽大众至 2030 年会有 18 款新车型，其中 15 款专为中国市场开发，包括 8 款纯电动车型。据上 汽大众官方，1984 年 10 月，中德双方正式签署合资合营合同，上汽大众成为中国最早的轿车合资 企业。2002 年 4 月，股东双方提前八年续签合营合同。此次为股东双方第二次提前续约。 比亚迪称要求供应商年度议价是惯例，"非强制"。 11 月 26 日晚间，一则比亚迪要求供应商 2025 年降价 10% 的邮件截图被广泛传播。比亚迪集团品 牌及公关处总经理李云飞在其个人微博表示："与供应商的年度议价，是汽车行业的惯例。我们基 于规模化大量采购，对供应商提出降价目标，非强制要求，大家可协商推进。" 龚方毅 @Barynx / 栏目主编 孙正义的软银公司曾在 10 月投资 OpenAI 5 亿美元，现在据报道，软银计划从 OpenAI 员工手中收 购价值 15 亿美元的股份。这笔交易会通过软 ...