21世纪经济报道记者 高江虹 实习生 陈佳赫 北京报道 这一周，时尚零售行业呈现多维度调整态势。 美妆领域，悦诗风吟关停天猫海外店，仅保留本土生产商品销售，这是其继 2021年大规模关店后的又 一次战略收缩，背后是本土美妆品牌崛起带来的市场挤压；欧莱雅则以约10亿美元收购护发品牌 Color Wow，瞄准功效性细分赛道，该品牌明星产品销售表现亮眼，将丰富欧莱雅专业护发矩阵；Kate Moss 创立的美妆品牌 Cosmoss 进入清算程序。因定位与市场认知偏差、缺乏系统运营，该品牌最终未能持 续发展。 时尚品牌领域，资本动作密集。宝尊电商完成对 Sweaty Betty 中国业务的收购，这个曾与 Lululemon 齐 名的瑜伽服品牌因定价与本土化问题门店锐减，宝尊计划通过本土资源重构品牌；斯凯奇以超 90 亿美 元被 3G 资本收购，交易虽通过反垄断审查却引发股东诉讼。 奢侈品与快时尚承压明显。Armani 2024 年营业利润暴跌 69%，亚太区收入占比下降；H&M 创始人家 族增持股份，私有化传闻再起；法国两大快时尚品牌申请破产，反映出平价时尚消费向线上转移的趋 势，本土品牌生存空间被进一步压缩。 人事方 ...

Group 1: Acquisition and Business Expansion - Baozun has completed the acquisition of the UK high-end yoga wear brand Sweaty Betty's business in China, marking its third international brand acquisition after Gap and Hunter [1] - Sweaty Betty, founded in 1998, is known for its stylish yoga pants and has a price range of 750 to 1180 RMB, slightly higher than some core products of lululemon [1] - The acquisition will be managed by the same team responsible for Gap and Hunter, indicating Baozun's strategy of leveraging local design and supply chain capabilities to restructure overseas brands' operations in China [1] Group 2: Financial Performance - Baozun's Q1 2025 revenue reached 284 million USD, reflecting a year-on-year increase of 3.27% [2] - Armani Group reported a 6% decline in annual revenue to 2.3 billion euros for 2024, with a significant drop in operating profit by nearly 69% to 67 million euros [4] - LVMH and Kering are dragging down the luxury sector, with a projected 3% decline in organic sales for Q2 2025, worsening from a 1% decline in Q1 [3] Group 3: Market Trends and New Products - The luxury goods market is facing increased pressure due to currency fluctuations and decreased purchasing power among tourists from China and the US [3] - Color Wow, a US haircare brand, has been acquired by L'Oréal, with its sales estimated to be slightly above 300 million USD [5][6] - HOKA ONE ONE launched the new Rocket X 3 racing shoes, featuring advanced materials for improved performance [10] Group 4: Brand Developments - The Chinese high-end fragrance brand Wenxian has launched its seventh season of products, focusing on traditional Chinese scents [7] - Emis has opened its third pop-up store in Hangzhou, following successful openings in Shenzhen and Chengdu, targeting a younger demographic [13] - Kappa's parent company, China Dongxiang, reported a revenue decline of 3.7% to 1.68 billion RMB but achieved profitability with a net profit of 207 million RMB [23]

整理 ｜ 李小霞 #Big News# 宝尊收购英国高端瑜伽服品牌 Sweaty Betty 中国区业务 继接手Gap大中华区与英国雨靴品牌Hunter之后，宝尊迎来第三个国际品牌并购。 近日，中国电商与品牌运营公司宝尊已完成对英国高端瑜伽服品牌 Sweaty Betty 在中国区业务的收 购，但未透露交易的细节。 Sweaty Betty 与 lululemon 一样，也是创立于1998年，曾被誉为"更时尚的瑜伽裤品牌"，在英美 市场具备一定认知度。其产品主打修身剪裁与英伦风格，定价区间为750至1180元人民币，甚至略高 于lululemon部分核心产品。 此次收购后，Sweaty Betty中国业务将由宝尊电商旗下负责Gap和Hunter的原班团队接手，相关岗 位也已启动招聘。这一操作延续了宝尊近年来在品牌管理转型上的典型打法，用本土设计、供应链与 全渠道零售能力，重构海外品牌在中国的运营系统。 目前，宝尊已构建起以基础服饰Gap、功能户外Hunter和高端运动Sweaty Betty为核心的三品牌矩 阵，覆盖从大众到中高端、从生活方式到专业功能的多维需求。根据财报显示，宝尊2025年第一季 度营业收入 ...

宝尊电商成立于2003年，是一家为品牌企业和零售商提供包括店站运营、营销服务、IT服务、客户服务 和仓储物流服务等在内的，一站式品牌电子商务商业伙伴和技术研发及解决方案公司。董事长兼首席执 行官以及创始人为仇文彬。天眼查显示，集团成员企业有52家，2024年公司员工为1313人。宝尊电商目 前在美股和港股同时上市，其2025年第一季度营业收入为2.84亿美元，同比增加3.27%。 2023年2月1日，宝尊电商有限公司公告称，完成对盖璞（上海）商业有限公司（"GAP上海"）的收购。 本次收购已获得国家市场监督管理总局经营者集中反垄断审查批准。同时，牵头筹备整合工作的宝尊品 牌管理运营负责人肖泳被任命为GAP大中华区首席执行官。同年，宝尊从ABG手中收购英国雨靴品牌 Hunter。 Sweaty Betty母公司品牌管理公司Wolverine Worldwide此前已经将旗下的Saucony索康尼和Merrell迈乐出 售给了中国体育品牌公司特步。Sweaty Betty加入后，宝尊将构建起以基础服饰GAP、功能户外Hunter 和高端运动Sweaty Betty为核心的产品矩阵，覆盖从大众到中高端、从生活方式到 ...

Big News 泡泡玛特IP珠宝店首店开张 泡泡玛特的业务版图继续扩张。 6月13日，泡泡玛特旗下独立珠宝品牌popop全球首店在上海港汇恒隆广场开业。该店集结了泡泡玛特旗 下HIRONO、SKULLPANDA、MOLLY、CRYBABY、LABUBU等热门IP的珠宝，价格区间在319-2699 元。 泡泡玛特创始人王宁表示："我们其实一直也希望能够通过不同的品类去拓展更多的可能性，珠宝是我 们一直在尝试的非常重要的品类。" 该公司还公布，夏季销售开局放缓，从5月1日到6月9日，按固定汇率计算，销售额仅增长了6%，而去 年同期按固定汇率计算的销售额增长了12%。 报告期内，Inditex集团始终专注于四个关键领域：独特的时尚主张、进一步提升顾客体验、可持续发展 以及人才的发展。 2025年第一季度，Inditex在全球26个市场开设了新的门店。截至本季度末，Inditex共运营5562家门店。 Inditex拥有Zara、Pull & Bear、Bershka以及Massimo Dutti等多个品牌，广泛覆盖年轻人和中产消费群 体，其表现历来被视为全球零售消费的晴雨表。此次财报释放出的信号，不只是公司层面的 ...

When the news hit on Wednesday that e.l.f Beauty (ELF 0.42%) was spending up to $1 billion to acquire a beauty company called Rhode, I quickly turned to the most authoritative expert I knew on the subject: my teenage daughter. I asked her if she had ever heard of the brand. In response, she quickly showed me her Rhode smartphone case, which securely holds a Rhode lip gloss in place.That immediately told me that this acquisition could be transformational for e.l.f. However, I also know that not every celebri ...

Group 1: Industry Developments - Kering Group has acquired Giambattista Valli, increasing its stake to full ownership, becoming the main investor and strategic decision-maker [11] - South Korean retail giant Shinsegae Group plans to acquire a controlling stake in C&C International, a color cosmetics ODM manufacturer, valued at 285 billion KRW (approximately 14.94 billion RMB) [6] - La Perla, a high-end lingerie brand, has been sold to an investment entity, which will retain the brand's existing factories and employees [5] Group 2: Company Performance - Gap Inc. reported a 2.2% increase in net sales to $3.463 billion for Q1, with net profit rising 22% to $193 million, driven by strong performance from Old Navy [2] - Capri Holdings reported a 15.4% decline in revenue to $1.035 billion for Q4 FY2025, with a net loss of $645 million, reflecting struggles across its main brands [3] Group 3: Mergers and Acquisitions - Elf Beauty has acquired Hailey Bieber's skincare brand Rhode for $1 billion, consisting of $600 million in cash and $200 million in newly issued common stock, with potential additional payments based on future growth [4] - Fountain Capital is seeking to raise up to $1.32 billion by selling approximately half of its stake in Amer Sports Inc., a manufacturer of sports equipment [4] Group 4: Brand Value Rankings - Chanel has surpassed Louis Vuitton to become the second most valuable luxury brand globally, according to Brand Finance's 2025 rankings, with Porsche retaining the top position [7] Group 5: Retail Expansion - Balenciaga has opened its largest flagship store globally in Beijing, covering 1,204 square meters, emphasizing its commitment to the Chinese market [8] Group 6: Data Security Issues - Adidas has reported a data breach involving customer data theft from a service provider, although payment information and passwords were not compromised [12]

整理 ｜ 贺哲馨 #Big News# SHEIN再被传赴港上市 SHEIN仍不放弃上市。 路透社报道，跨境电商巨头Shein正计划将上市地点转向香港，或于近期向港交所递交上市申请，目 标在今年内完成IPO。截至目前，港交所与Shein均未对相关报道作出回应。 自2020年首次传出上市消息以来，Shein的上市之路可谓一波三折。2020年SHEIN曾被曝光赴美 IPO，但由于地缘政治变化一度搁置。随后SHEIN调整股权结构，将母公司迁至新加坡，被解读为优 化上市架构。 2023年，SHEIN再度冲击美股，后又因ESG、供应链合规等问题搁置。2024年，SHEIN转战伦敦， 去年5月，消息称SHEIN计划向港交所提交招股书，目标在年内上市。 路透社援引一位消息人士称，SHEIN在伦敦上市计划的流产，因为国内监管机构未批准该IPO。另有 消息人士称，原预期大陆监管机构会在英国金融行为监管局（FCA）批准后迅速放行，但此后却遭遇 意外延迟。 当前全球贸易政策存在较大不确定性，特别是关税政策的潜在变动，预计Shein的上市进程仍将面临 诸多挑战。 勃肯鞋在2025年第二季度实现了574.3百万欧元的营收，同比增长19 ...

FitLife Brands (FTLF) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Dayton Judd - Chairman & CEOJames Bogin - Hedge Fund ManagerSamir Patel - Founder & Portfolio Manager Conference Call Participants Ryan Meyers - Senior Research AnalystSean McGowan - MD & Senior Research AnalystBill Anderson - Research Analyst Operator is now my pleasure to turn the floor over to your host, Dayton Judd, Chief Executive Officer of FitLife Brands. Sir, the floor is yours. Dayton Judd Thank you, Paul. I w ...

互联网内容行业观察与研究 作者丨阿狸 编辑丨陈梅希 图源丨Midjourney 以下文章来源于刺猬公社 ，作者刺猬公社编辑部 刺猬公社 . 最近，整个户外市场最大的新闻是安踏收购了德国户外品牌"Jack Wolfskin/狼爪"。在安踏公开收购或合资 的品牌矩阵中，这是第10个。 神奇的是，就如胖东来爆改国内商超一般，收购而来的海外品牌，经过安踏之手后，大多能在中国市场 焕发新生，有的成为网红品牌，有的成为奢侈品牌，最次的也能取得百分之三五十的增长。 其中最瞩目的要数FILA。2009年，安踏从百丽手中接过FILA在中国市场的经营权，十几年后，这个品牌 在中国市场实现了华丽转身——从当年的亏损3218万、门店仅50家，到如今经年营利润近70亿元，营收 来源丨刺猬公社（ID：ciweigongshe） 超200亿元、门店超2000家，成为安踏集团的重要增长引擎。 现在，狼爪收归安踏后，这个在中国市场面临过气的品牌，也可能会迎来翻红；而对于安踏来说，狼爪 的加入，不过是商业版图扩充道路中的"一步棋"。 狼爪，会是下一个FILA吗？ 如果不是被安踏收购的消息传出，或许，现在的很多年轻人都没听过这个来自德国的户外品牌 ...