北京商报讯（记者 刘卓澜）10月10日，无印良品（上海）商业有限公司母公司株式会社良品计画发布 2025财年（2024年9月-2025年8月）财报。数据显示，营业收入及各阶段利润均实现增收增益，其中营 业收入同比增长18.6%达7846.29亿日元；营业利润达738.4亿日元，同比增长31.5%；经常性利润实现 723.1亿日元，同比增长29.6%；归属于母公司股东的本期净利润约为508.46亿日元，同比增长22.3%。 财报显示，截至2025年8月底，全球门店总数较上期增加107家，达到1412家。其中，中国内地积极优化 门店布局，开拓新店，门店数量净增24家，达到422家。无印良品表示，中国内地市场线上和线下销售 同比两位数增长，销售与利润均大幅提升。无印良品推进门店大型化，优化门店布局，推进开拓新店， 在杭州、重庆等主要城市开设及改装大型门店，同时积极优化门店布局，单店销售额逐步提升。同时， 电商销售占整体销售的约两成，全年既存店铺和电商销售额同比达到110%。 为扩大客户群，无印良品通过SNS等平台强化营销活动，并在"双11"、"6·18"等促销节点加强推广。据 介绍，无印良品推出符合当地生活方式的本 ...

Core Insights - The report outlines practical guidelines for Malaysian e-commerce businesses looking to expand into Southeast Asia by 2025, highlighting the region's growing digital economy and the advantages of geographical proximity and cultural similarities [1] Group 1: Logistics and Supply Chain - Three supply chain models are available for businesses expanding from Malaysia to Southeast Asia: 1. "Production + Manufacturing + Warehousing and Distribution" model, which covers the entire chain but has the highest risk and cost, suitable for established brands [2] 2. "Bulk Shipping + Warehousing and Distribution" model, which reduces delivery time but carries inventory fluctuation risks [2] 3. "Direct to Consumer" model, where products are shipped directly from Malaysia to consumers, minimizing initial investment risks [2] - Commercial logistics is preferred for most businesses due to its cost-effectiveness, providing better reliability than postal services while being cheaper than express delivery [2] Group 2: Consumer Insights - A survey of 1,200 consumers across six Southeast Asian countries revealed high acceptance of regional brands, with 68% of Filipino consumers considering Thai brands and 64% of Vietnamese consumers willing to try Thai products [3] - The top three categories for cross-border shopping are fashion accessories (68%), food and beverages (47%), and health and beauty (46%) [3] - Preferences vary by country, with Malaysian consumers favoring Korean and Japanese styles, while Singaporeans prefer mainstream brands [3] Group 3: Marketing and Outreach - 82% of Southeast Asian consumers purchase cross-border products through platforms like TikTok Shop, Lazada, and Shopee, prompting businesses to diversify their channels due to rising platform fees [4] - Social media and brand websites are crucial, with 51% of consumers shopping via social media and 39% directly from brand websites [4] - Localized marketing strategies are essential, as different countries have distinct social media usage patterns and promotional events [4] Group 4: Operational Details - Understanding varying "low-value tariff exemption thresholds" is critical for cost optimization, with Singapore at 400 SGD, Malaysia at 500 MYR, Indonesia at 3 USD, and Vietnam at 1 million VND [5] - Delivery times from Malaysia to major Southeast Asian capitals typically range from 3 to 8 working days, with specific times for Thailand (3-5 days) and the Philippines (4-8 days) [5] - Payment preferences differ significantly, with only 1% of Singaporean consumers using cash on delivery (COD), while 75% of Vietnamese and 70% of Indonesian consumers prefer COD [5] Group 5: Conclusion - The expansion from Malaysia to Southeast Asia leverages regional synergies to tap into new consumer markets, emphasizing the importance of localization and flexibility in logistics and operations [6] - As digital infrastructure improves, the barriers for cross-border e-commerce in Southeast Asia are lowering, presenting growth opportunities for Malaysian businesses by 2025 [6]

7月29日，名创优品回购2.26万股股票，每股回购均价37.42港元，共耗资约84.57万港元，本年累计回购 912.38万股，占总股本0.74%。 截至当日港股收盘，名创优品上涨2.0%，报38.25港元/股。 名创优品近期回购情况 回购日期回购均价回购股数回购金额本年累计回购股数2025-07-2937.4202.26万84.57万912.38万2025-07- 2837.1931.50万55.79万910.12万2025-07-2435.3091.20万42.37万908.62万2025-07-2334.1645.84万199.52万 907.42万2025-07-2234.2575.82万199.37万901.58万2025-07-2134.8605.72万199.40万895.76万2025-07- 1834.9875.70万199.43万890.04万2025-07-1734.7975.74万199.74万884.34万2025-07-1635.1965.68万199.92 万878.60万2025-07-1535.2425.66万199.47万872.92万2025-07-1435.0355.6 ...

Core Viewpoint - Costco's third-quarter earnings exceeded expectations, demonstrating its resilience amid tariff challenges and economic uncertainty, supported by its scale and loyal membership base [1] Financial Performance - Costco reported third-quarter revenue of $63.2 billion, an 8.0% year-over-year increase, surpassing market expectations [1] - Earnings per share reached $4.28, exceeding analyst forecasts [1] - Membership fee income for Q3 was $1.24 billion, up from $1.12 billion in the same period last year [1] - Net profit for the quarter was $1.9 billion, compared to $1.68 billion in the previous year [1] Sales and Market Trends - Same-store sales growth, excluding fuel and currency effects, was 8% [1] - E-commerce sales increased by approximately 16%, with both online and offline traffic showing improvement [1] - Best-selling categories included gold, toys, and health and beauty products, indicating strong consumer demand despite a focus on essential goods [1] Strategic Responses to Tariffs - The CEO indicated that Costco is implementing various strategies to mitigate tariff impacts, such as sourcing products from lower-tariff countries and increasing local procurement [2] - The company is evaluating potential price adjustments on goods affected by tariffs, while maintaining prices on essential imports from Central America [2] - Recent declines in commodity costs have allowed for price reductions on core consumer goods like eggs and butter [2] Consumer Behavior and Economic Outlook - Costco's membership base is relatively affluent, providing a buffer against economic fluctuations [3] - The company has historically prioritized membership growth and customer loyalty over short-term profit margins [3] - Despite stable consumer spending, the inflationary effects of tariffs are becoming evident, particularly in categories like clothing, electronics, and home goods [3]

Group 1 - Dennis Bastas and his wife Georgina have purchased Melbourne's most expensive home, Coonac, breaking the record for residential property prices in Victoria [1][3] - The Coonac estate spans 1.08 hectares and features a 200-meter frontage, with the sale expected to exceed 100 million AUD, making it the first residential transaction in Victoria to surpass this threshold [3][5] - The previous record for Australian residential property was set at 130 million AUD in 2022 for the Point Piper estate purchased by tech billionaire Scott Farquhar [3][5] Group 2 - Dennis Bastas, a self-made healthcare entrepreneur, founded DBG Health in 2022, which has become Australia's largest diversified pharmaceutical and health beauty products company [5][7] - The Coonac estate, built in 1867, is noted for its unique Australian architectural style, combining 19th-century British neoclassicism with a rural aesthetic [5][7] - The property has a rich history, having served as a federal rehabilitation center from 1948 to 1986, and has undergone significant renovations by its previous owners [7][9] Group 3 - The sale of Coonac signifies a shift in Melbourne's luxury real estate market, with large estates in core high-end areas like Toorak becoming increasingly rare [9] - The historical value and unique architecture of Coonac have made it highly sought after in the high-end market, reflecting the strong demand from wealthy Australians for premium real estate assets [9]