佐丹奴国际(00709)发布公告，于第三季度，集团的"数位先导"策略支柱取得了鼓舞人心的成果，尤其 线上收入增长16.5%(年初至今增长22.8%)。尽管本集团第三季度收入下跌1.4%，但对比年初至今收入仍 保持0.6%增长，显示业务具备潜在的增长势头。季度业绩反映集团积极推进产品组合管理;尽管面对大 中华区前所未有的恶劣天气等挑战，集团的核心业务仍保持稳定，季度收入增长0.4%(年初至今增长 2.7%)。在线上业务及高增长的海湾阿拉伯国家合作委员会市场强劲表现带动下，相关策略举措推动了 毛利率的显著改善。 这些绩效彰显集团持续致力于提高利润率、优化存货及渠道多元化的承诺。凭借坚实的基础和专注的策 略重点，集团对执行长期计划及推动持续成功充满信心。 截至2025年9月30日，本集团存货结余为6.12亿港元(2024年：6.30亿港元)。这反映集团持续致力提升营 运效益，确保产品供应与客户需求在策略上保持一致，同时维持严格的采购管理及财务的灵活性以把握 新兴趋势。 ...

Core Insights - Giordano International (00709.HK) reported a revenue of HKD 894 million for the three months ending September 30, 2025, representing a year-on-year decrease of 1.4% [1][2] - For the nine months ending September 30, 2025, the group's revenue was HKD 2.828 billion, showing a year-on-year growth of 0.6% [1][2] Revenue Breakdown - Greater China revenue for Q3 2025 was HKD 407 million, unchanged from Q3 2024, while year-to-date revenue increased by 6.3% to HKD 1.285 billion [2] - Southeast Asia and Oceania revenue decreased by 8.5% to HKD 323 million in Q3 2025, with a year-to-date decline of 7.4% to HKD 1.011 billion [2] - Revenue from the Gulf Cooperation Council (GCC) region increased by 11.6% to HKD 164 million in Q3 2025, with a year-to-date growth of 4.5% to HKD 532 million [2] Online Performance - The company's "digital-first" strategy yielded encouraging results, with online revenue growth of 16.5% in Q3 2025 and 22.8% year-to-date [3] - Despite a 1.4% decline in overall revenue for Q3, the year-to-date revenue growth of 0.6% indicates potential growth momentum [3] Inventory and Store Count - As of September 30, 2025, the group's inventory stood at HKD 612 million, down from HKD 630 million in 2024, reflecting ongoing efforts to enhance operational efficiency [3] - The total number of stores at the end of the period was 1,627, a decrease of 122 stores compared to the previous year [2]