新年伊始，始祖鸟（ARC'TERYX）如期推出中国生肖限定系列，但并未引发太高热度。 2026年1月1日上午10点，始祖鸟马年新春限定RUSH系列正式发售。皇朝红配色的滑雪夹克，搭配红色背 带的黑色滑雪长裤，成为今年限定系列的核心单品。其中，RUSH滑雪夹克单件售价7800元，上线后迅速 售罄。《每日经济新闻》记者了解到，该款夹克在始祖鸟官方小程序、淘宝旗舰店及线下门店同步发售。 记者从淘宝店铺看到，该渠道仅投放约40件。不少消费者在社交平台留言称"基本没机会，秒没"。 但与以往不同的是，这一次的"秒没"并没有在二级市场持续放大。记者在闲鱼平台注意到，马年限定 RUSH夹克虽仍有卖家溢价千元左右挂售，但也已出现直接按7800元原价转让的情况。相比之下，蛇年限 定在发售后不久，二级市场价格一度冲至约1.5万元。 图片来源：淘宝截图 与发售端的火爆形成反差的是，马年限定并未在二手市场复制以往生肖限定的溢价走势。《每日经济新 闻》记者在闲鱼等二手交易平台看到，尽管仍有卖家尝试加价转让，但已有多名卖家直接按7800元原价挂 牌出售，二手市场的整体溢价空间明显收窄。 北京关键之道体育咨询有限公司创始人张庆在接受《每日经 ...

Core Viewpoint - The article discusses the phenomenon of brand dilution and market saturation faced by Arc'teryx, highlighting the shift in consumer demographics and preferences as the brand becomes more mainstream, leading to a potential identity crisis for the brand [6][9][37]. Group 1: Brand Growth and Market Position - Arc'teryx's parent company, Amer Sports, reported that Arc'teryx's revenue surpassed $2 billion in 2024, making it the fastest-growing and largest brand within the Amer Sports portfolio [10]. - The brand has successfully positioned itself as a luxury outdoor brand, especially after being acquired by Anta Group in 2019, coinciding with a surge in outdoor activities post-pandemic [10][24]. - The brand's pricing strategy has seen significant increases, with average price hikes of 20-30% across its product lines, reflecting its positioning as a luxury item in the Chinese market [22][24]. Group 2: Consumer Demographics and Behavior - The consumer base for Arc'teryx has shifted, with a growing number of non-outdoor enthusiasts purchasing its products, leading to a dilution of the brand's original identity [8][11]. - A theory proposed by a consumer suggests a distribution of brand loyalty: 10% seek uniqueness, 20% are knowledgeable about the brand's functionality, while 70% follow trends [13]. - Many younger consumers are purchasing Arc'teryx products as a form of social currency rather than for their intended outdoor functionality [14][15]. Group 3: Market Challenges and Competition - As the brand becomes more mainstream, there is a risk of losing its appeal to its core audience, with some early adopters abandoning the brand due to its increased visibility and popularity [17][18]. - The outdoor apparel market is becoming increasingly competitive, with numerous brands entering the space, including both international and domestic players, which could threaten Arc'teryx's market share [44][46]. - The article notes a slowdown in revenue growth for the outdoor functional apparel sector, with projections indicating a decrease from 45% growth in 2023 to 20-22% in 2025 [31]. Group 4: Strategic Responses - Arc'teryx is focusing on deepening its connection with the outdoor community and expanding its offerings in high-end business attire through its Veilance line, targeting affluent consumers who may not engage in outdoor activities [39][42]. - The brand is also investing in initiatives to promote outdoor culture and activities, such as the "World-Class Crag Project" aimed at enhancing climbing opportunities in China [39]. - The company is aware of the need to balance its luxury positioning with the growing demand for functional and affordable outdoor apparel, as consumers become more price-sensitive [28][31].