证券代码：603958 证券简称：哈森股份 公告编号：2025-043 哈森商贸（中国）股份有限公司 2025 年半年度服装行业主要经营数据的公告 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。 （二）按线上线下 （三）按品牌 （四）按产品 哈森商贸（中国）股份有限公司（以下简称"公司"）根据《上海证券交易 所上市公司自律监管指引第 3 号行业信息披露：第十号--服装》的相关规定，现 将 2025 年半年度公司鞋包业务主要经营数据（未经审计）公告如下： | | | | | 单位：家 | | --- | --- | --- | --- | --- | | 项目 | 本期新开 | 本期关闭 | 本期净减少 | 期末店铺数量 | | 直营店铺合计 | 20 | 100 | 80 | 736 | | 其中：哈森 | 9 | 40 | 31 | 326 | | 卡迪娜 | | 17 | 17 | 83 | | 诺贝达 | | 11 | 11 | 92 | | 派高雁 | 5 | 16 | 11 | 138 | | 其他 | 6 | 16 ...

Core Insights - The article discusses a shift in consumer behavior among high-net-worth individuals, particularly women, who have historically been significant consumers of luxury goods. This change reflects a broader trend in the luxury market as these consumers become more discerning and value experiences over material possessions [10][54]. Group 1: Consumer Behavior Changes - High-net-worth individuals, previously characterized by impulsive luxury purchases, are now more cautious and deliberate in their spending, reflecting a shift from "buying" to "measuring" [15][30]. - The luxury consumption patterns of individuals like Sissi and Ivy illustrate a transition from frequent purchases of luxury items to prioritizing experiences, such as high-end hotel stays and immersive travel [44][51]. - The luxury market is experiencing a slowdown, with LVMH reporting an 11% decline in sales in the Asia-Pacific region (excluding Japan) and a 20% drop in the Chinese luxury market last year [36][37]. Group 2: Economic Context - The economic environment has influenced consumer sentiment, with factors such as currency fluctuations and tightening profit margins prompting a reevaluation of spending habits [24][35]. - Sissi's family business, which focuses on cross-border trade, has faced challenges, leading to a more cautious approach to luxury spending [21][23]. - Ivy's family, involved in the pharmaceutical industry, has also adjusted their spending habits in response to changing market conditions and policy shifts [26][28]. Group 3: Luxury Market Implications - The luxury industry is recognizing the need to adapt to changing consumer behaviors, as evidenced by comments from LVMH executives regarding reduced spending by Chinese tourists [35]. - The decline in luxury goods consumption, particularly in high-value categories like watches and jewelry, indicates a significant shift in market dynamics [37][38]. - The evolving preferences of affluent consumers suggest a potential redefinition of luxury, focusing more on personal fulfillment and experiences rather than mere ownership of luxury items [54][56].

Core Insights - The article highlights the increasing trend of inbound tourism in China, driven by the optimized departure tax refund policy and the growing popularity of "China travel" transforming into "China shopping" [1][2] Group 1: Departure Tax Refund Policy - The departure tax refund policy allows foreign travelers to reclaim VAT on purchases made in designated stores when leaving China, with a refund rate of 11% [1] - In the first four months, the Beijing Customs verified 8,075 departure tax refund applications, totaling approximately 369 million yuan, marking a year-on-year increase of 114.82% and 79.41% respectively [1][2] - The Ministry of Commerce and other departments announced measures to optimize the departure tax refund policy, including lowering the minimum purchase amount for refunds to 200 yuan [2] Group 2: Inbound Tourism Growth - The implementation of a 240-hour visa-free transit policy significantly boosted the number of foreign travelers to China, with 7.07 million travelers recorded in the first four months, a year-on-year increase of 22.3% [2] - The number of flights at Beijing's two major airports reached 40,622, reflecting a year-on-year growth of 23.9% [2] Group 3: Enhanced Traveler Experience - Beijing Customs introduced measures to streamline the departure tax refund verification process, enhancing the convenience for travelers [3] - During the recent "May Day" holiday, the number of departure tax refund applications at the two major airports increased by 105.14%, with the total amount growing by 155.81% year-on-year [3] - Customs officials reported a significant increase in the volume of departure tax refund applications, necessitating the establishment of multiple verification points at the airports [3][4]

"境外旅客在这些商店购物，凭出入境有效身份证件、销售发票和所购商品，由退税商店开具离境 退税申请单，并交由离境机场海关进行验核，验核通过后即可向退税代理机构办理退税。"海口海关相 关负责人介绍，当前，海南离境退税口岸包括海口美兰国际机场和三亚凤凰国际机场。 "五一"假期，我省离境退税新政红利加速释放 空港口岸退税申请单同比增长103% 海南日报海口5月8日讯(海南日报全媒体记者 曹马志 通讯员 蒲鑫杰)"商品种类多、退税快，省心 又省钱!"日前，一位俄罗斯籍旅客准备从三亚乘飞机出境回俄罗斯，临行前在路易威登三亚海棠湾北路 店购买了一款价值为2.26万元的包，收到了退税2486元。 据了解，离境退税是指境外旅客离境时，对其在退税商店购买的商品退还增值税的政策。"五一"假 期前夕，商务部、海关总署等6部门联合印发了《关于进一步优化离境退税政策扩大入境消费的通 知》，其中境外游客的起退点从500元下调至200元。 海南在离境退税新政发布后的首个假期窗口期，便迎来了一波入境旅游高峰，仅假期首个出境航班 即办理离境退税申请单15份。据海口海关统计，"五一"假期，海南空港口岸共办理离境退税申请单65 份，较去年同期增长1 ...

Group 1 - The article discusses the increasing trend of Chinese companies expanding overseas, particularly in Europe and Southeast Asia, highlighting the competitive landscape [2][3] - European consumers have a long-standing negative perception of Chinese products, which has persisted for over 40 years despite improvements in quality and design [5][6] - The complexity of the supply chain means that "Made in China" does not always equate to products being entirely produced by Chinese companies, affecting perceptions of quality [6][10] Group 2 - The European market has stringent standards for design and quality, making it difficult for Chinese products to gain acceptance if they do not meet these expectations [6][12] - The core issue in the European market revolves around intellectual property protection, leading to significant anxiety among local producers regarding design theft and quality [11][12] - The introduction of ESG (Environmental, Social, and Governance) standards by Europe poses a new challenge for Chinese products, as compliance is necessary for market access [13][16] Group 3 - Current geopolitical tensions, such as the Ukraine-Russia conflict, have created unique opportunities for Chinese companies in Europe, particularly in the energy sector [20][22] - European countries are seeking to diversify their energy sources, which opens avenues for collaboration with Chinese firms in clean energy technologies [22][25] - However, strict EU regulations on subsidies and local production requirements complicate the entry of Chinese companies into the European market [24][26] Group 4 - The article outlines the challenges posed by the ongoing trade war and the need for Chinese companies to adapt to local standards and regulations in Europe [48][52] - In Southeast Asia, the industrialization level is lower, and Chinese products can disrupt local industries, leading to potential social unrest [55][56] - Chinese companies are advised to adopt a "middle to upper" standard strategy in Southeast Asia to build trust and create job opportunities [56][58] Group 5 - The article emphasizes the importance of understanding local cultures and building good relationships with local communities in Southeast Asia for long-term success [60][64] - Companies must navigate the complex political and economic landscape in Southeast Asia, which varies significantly from country to country [72][74] - The need for a balanced approach between local policy compliance and operational efficiency is crucial for Chinese enterprises operating in these regions [75][78]

哈森商贸（中国）股份有限公司（以下简称"公司"）根据《上海证券交易 所上市公司自律监管指引第 3 号行业信息披露：第十号--服装》的相关规定，现 将 2025 年第一季度公司鞋包业务主要经营数据（未经审计）公告如下： | | | | | 单位：家 | | --- | --- | --- | --- | --- | | 项目 | 本期新开 | 本期关闭 | 本期净减少 | 期末店铺数量 | | 直营店铺合计 | 6 | 51 | 45 | 771 | | 其中：哈森 | 2 | 23 | 21 | 336 | | 卡迪娜 | | 7 | 7 | 93 | | 诺贝达 | | 7 | 7 | 96 | | 派高雁 | 1 | 7 | 6 | 143 | | 其他 | 3 | 7 | 4 | 103 | | 经销商店铺合计 | | 13 | 13 | 120 | | 其中：哈森+卡迪娜 | | 10 | 10 | 117 | | 其他品牌 | | 3 | 3 | 3 | | 合计 | 6 | 64 | 58 | 891 | 一、报告期内门店变动情况 证券代码：603958 证券简称：哈森股份 公告编号：2025-0 ...

2013 年 3 月，一场 KO（kick off，指启动会) 标志着天猫国际项目组成立。第一批引入了 10 个商 家，包括草莓网、sasa 网、卓越网等当时非常热门的综合卖场商家。 2014 年 2 月，天猫国际对外正式上线。同年，《政府工作报告》中首次提出 "跨境电子商务" 一 词，并鼓励扩大进口。伴随着政策红利，天猫国际的用户数和成交额也一路上涨。 更多的玩家涌入，京东国际、网易考拉、唯品国际都在次年上线，跨境进口的创业热潮到来。 10 年间，一些玩家掉队乃至业务关停，创业公司所剩无几，跨境进口领域的格局已定，根据易观最 新发布的跨境进口行业报告，天猫国际的市场份额目前接近 40%，排名第一。过去一年，约 7000 天猫国际在跨境进口市场份额 40%，是海外品牌进入中国的首选平台。 十年前，中国消费者想要买到国外的一罐奶粉、一瓶粉底液、一双鞋、一个包，要费的周折实在太 多。 找个人代购，可能买到假货，即便解决了信任关系，加价在所难免；从品牌官方网站海淘，物流首 先是个问题 —— 通常需要找一家转运公司，寄送到一个当地的地址，然后再漂洋过海运回中国；支 付也不容易，必须有信用卡或者注册一个国外的 Payp ...