特此公告。 深圳歌力思服饰股份有限公司 2025年9月27日 女，1980年生，中国国籍，无境外永久居留权，英国Lancaster University金融学硕士，暨南大学国际金 融、会计学双学士。曾任厦门七尚股权投资有限责任公司董事总经理，招商致远资本投资有限公司任华 旖时尚产业基金总经理，招商证券股份有限公司研究发展中心任招商证券执行董事、消费品组联席主 管、服装纺织行业首席分析师。连续7年荣获《新财富》服装纺织行业最佳分析师前三名，其中， 2008、2013年荣获第一名，2009、2010、2011年荣获第二名。同时连续多年荣获业内各类主流奖项的前 三名，2011-2014年度水晶球奖分析师纺织和服饰行业第一名，2010、2013年度中国证券分析师金牛奖 纺织服装行业第一名，福布斯中国最佳分析师50强。此外，连续荣获2024年新财富金牌董秘、2025年新 财富杂志最佳董秘。现任公司副总经理、董事会秘书、董事。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 根据《中华人民共和国公司法》《上市公司章程指引》及《公司章程》的 ...

公司战略重点是全球化布局，国内市场目前进入了存量竞争的时代，目前公司苏州和北京物流中心，经 过资源整合、系统升级及数字化供应链的完善，预计可以应对未来国内市场物流需求。国际市场方面， 公司启动了越南供应链基地建设，可以满足未来3-5年国际市场物流需求。公司亦考虑资产效率的提 升，以更多现金储备，应对复杂多变的市场环境，以及全球化发展的需要。公司经审慎考量，决定终止 投资建设物流园项目。 格隆汇9月17日丨爱慕股份(603511.SH)公布，公司于2025年9月16日召开了公司第三届董事会第十三次 会议、第三届监事会第十二次会议，审议通过了《关于终止投资建设物流园项目的议案》，同意公司终 止投资爱慕中央智能物流园(苏州)项目(以下简称"物流园项目")，截至目前，公司建设物流园项目未发 生任何实际投资。本次终止投资建设物流园项目，不会造成公司及全体股东利益损失，不会对公司的生 产经营和未来发展产生不利影响。 ...

Core Insights - The report by Zhiyan Consulting highlights the retail payment industry in China, focusing on the retail value of clothing, shoes, hats, and textiles from 2025 to 2031 [1] Retail Value Analysis - In June 2025, the retail value of clothing, shoes, hats, and textiles reached 127.54 billion yuan, showing a month-on-month growth of 4.08% and a year-on-year increase of 1.9% [1] - For the first half of 2025, the cumulative retail value for these categories was 742.59 billion yuan, reflecting a year-on-year growth of 3.1% [1] Statistical Trends - The report includes statistical charts depicting the monthly retail value and year-on-year growth for clothing, shoes, hats, and textiles over the past year [1] - It also presents cumulative retail value and growth statistics from 2015 to 2025 for the same categories [1]

Group 1 - The investment of 6.1 million yuan in the Ren Gang Industrial Park has been recouped, with the community generating over 500,000 yuan in annual dividends [1] - Since its establishment in 2012, the industrial park has attracted 16 enterprises in sectors such as electronics, textiles, and logistics, maintaining an occupancy rate of over 90% [1] - The community's financial growth has strengthened its capacity to serve the public [1] Group 2 - The Chongchuan District has initiated a "Resource Asset Efficiency Year" campaign to enhance the collective economy of agricultural communities [2] - Ten community leaders have been sent for training in advanced communities in Suzhou, and experts have been invited for on-site research and guidance [2] - The district has linked various resources to support economically weaker communities, resulting in an additional rental income of 7.83 million yuan from revitalized idle assets, achieving 74% of the annual target [2]

Group 1 - The article discusses the escalating trade conflict between the United States and India, initiated by President Trump's decision to impose a 50% tariff on Indian goods, marking one of the highest tariffs in global trade history [1] - In response, Indian Prime Minister Modi froze $3.6 billion in U.S. military purchases and imposed a 150% punitive tariff on bourbon whiskey from Kentucky, targeting Trump's voter base [1] - The Indian economy is significantly impacted, with 70% of products exported to the U.S. facing the new tariffs, leading to increased costs for Indian manufacturers and exporters [4] Group 2 - India is shifting its economic strategy by initiating oil transactions with Russia settled in RMB, importing 1.8 million barrels of Russian oil daily, which is a direct response to U.S. tariffs [3] - The Indian government is also seeking closer ties with China, as evidenced by the resumption of direct flights and easing restrictions on Chinese investments, indicating a strategic pivot towards China amidst U.S. pressures [4][6] Group 3 - The cooperation between India, Russia, and China is becoming a strategic reference for India, with bilateral trade between China and Russia surpassing $250 billion and a significant increase in the use of local currencies for trade [8] - India's collaboration with Russia is seen as a move to promote the internationalization of the RMB, indirectly challenging the dominance of the U.S. dollar in global trade [11] Group 4 - The article highlights a broader trend among developing countries to collectively reshape trade orders in response to unilateralism, with India positioning itself as a key player in this new dynamic [13]

Core Insights - The article discusses the rise and fall of Nanji E-commerce, which initially thrived on a "brand authorization + platform distribution" model but has faced significant challenges as market conditions changed [1][10][12] - The company is attempting to shift its strategy towards "self-operated + light luxury" to improve brand perception and product quality, but early results indicate this transition is costly and not yet effective [1][3][10] Company Overview - Founded in 1998 by Zhang Yuxiang, Nanji E-commerce initially focused on the thermal underwear market and quickly gained market share through aggressive advertising and a dealer network [4][5] - The company transitioned to a light asset model in response to rising manufacturing costs and market pressures, focusing on brand management and authorization rather than production [5][12] Financial Performance - Nanji E-commerce experienced rapid growth from 2015 to 2020, with revenue soaring from 389 million to 4.172 billion yuan and net profit increasing from 172 million to 1.188 billion yuan [8] - However, by 2023, the company reported a net loss of 237 million yuan for 2024, with a projected profit of only 12 to 18 million yuan for the first half of the year, representing a decline of 76.89% to 84.60% year-over-year [1][10] Market Challenges - The company has faced significant quality control issues, with multiple products appearing on quality inspection blacklists since 2018, leading to a decline in brand reputation [12][13] - The shift in consumer perception towards "Nanji" as a low-quality brand has been exacerbated by the rise of new consumer brands that do not rely on traditional brand endorsements [12][13] Strategic Shift - In 2023, the company began investing heavily in self-operated product lines and launched a light luxury series, partnering with media companies to enhance brand visibility [1][3] - Industry experts suggest that a more effective strategy would involve focusing on product quality and reducing product categories to drive factory upgrades [3]

Group 1 - The transaction date for the securities is August 5, 2025, indicating recent trading activity [1] - The security involved is 雅戈尔 (Yageer) with the stock code 600177, which is actively traded [1] - The transaction price for 雅戈尔 was 7.38 yuan, with a total transaction amount of 738,000 yuan and a volume of 100,000 shares [1] Group 2 - The buying brokerage involved is 中信证券股份有限 (CITIC Securities), indicating institutional interest in 雅戈尔 [1] - The selling brokerage is 角兴证券有限公司 (Jiaoxing Securities), specifically their Ningbo branch, suggesting a potential shift in ownership [1] - The transaction reflects a significant engagement from both buying and selling parties, highlighting market activity around 雅戈尔 [1]

印度报业托拉斯3日披露，印度纺织部部长基里拉吉·辛格将与业内人士开会分析美国25%进口关税对印 度纺织业的影响。美国是印度服装和纺织品的最大出口市场，占该领域印度出口总额的1/4。此前，印 度制定了到2030年推动纺织品出口额达到1000亿美元的目标。 耐克的鞋类商品在越南和印尼生产的比例分别为50%和27%。今年6月，耐克表示美国关税将给公司增 加10亿美元的成本。服装零售商GAP也表示，关税可能给公司增加2.5亿至3亿美元的成本。德国彪马今 年7月下旬透露，受关税影响，今年该司业绩将从原先预计的盈利转为亏损。彪马预计，关税将给该司 增加8000万欧元的成本。 《日经亚洲评论》认为，上述品牌除了在美国市场提价之外或许已别无选择。今年6月，耐克已经宣布 开始对美国市场商品提价，以应对关税影响。瑞典快消品牌H&M也表示考虑在美国市场提价。 【环球时报特约记者 甄翔】根据美国总统特朗普上周宣布的最新关税税率，越南、柬埔寨、孟加拉 国、印度等亚洲主要服装出口国将被收取19%—25%不等的关税。《日经亚洲评论》报道称，受关税影 响，从优衣库母公司日本迅销集团到德国阿迪达斯集团，一众高度依赖亚洲服装生产基地的知名企业都 ...

Core Insights - The average effective tariff rate in the U.S. has reached 18.3%, the highest level since 1934 [1] - Various tariff measures implemented by the U.S. government are expected to increase the price level by 1.8%, resulting in an average loss of $2,400 per household [1] - The impact of tariff policies on clothing and textiles is particularly severe, with shoe prices expected to rise by 40% and clothing prices by 38% in the short term [1] - Long-term projections indicate that shoe and clothing prices will increase by 19% and 17%, respectively [1] - The GDP growth rate in the U.S. is projected to decline by 0.5 percentage points over the next two years due to the effects of tariff policies [1] - The unemployment rate is expected to rise by 0.3 percentage points by the end of this year and by 0.7 percentage points by the end of 2026 as a result of these policies [1]

Core Insights - The average effective tariff rate in the U.S. has reached 18.3%, the highest level since 1934 [1] - Various tariff measures implemented by the U.S. government are expected to increase the price level by 1.8%, resulting in an average loss of $2,400 per household [1] - The impact of tariff policies on clothing and textiles is particularly severe, with shoe prices expected to rise by 40% and clothing prices by 38% in the short term [1] - Long-term projections indicate that shoe and clothing prices will increase by 19% and 17%, respectively [1] - The GDP growth rate in the U.S. is projected to decline by 0.5 percentage points over the next two years due to the effects of tariff policies [1] - The unemployment rate is expected to rise by 0.3 percentage points by the end of this year and by 0.7 percentage points by the end of 2026 as a result of these policies [1]