2026年2月26日，全球外汇市场的交易员们盯着屏幕上的数字，见证了一个历史性时刻。 离岸和在岸人民币兑美元汇率双双升破6.84关口，人民币对美元中 间价报6.9228，创下自2023年4月以来的34个月新高。 这个数字意味着，人民币正式进入了"6.8时代"。 你可能想象不到，推动人民币这波强势升值的背后，有一个听起来像电影情节的戏剧性因素。 美国联邦储备委员会主席杰罗姆·鲍威尔，这位全球金融体系 中最有权势的人物之一，正面临美国司法部的刑事调查。 调查的核心指向他在2025年6月国会听证会上关于美联储大楼翻修项目的证词，检方怀疑他涉 嫌"伪证"。 鲍威尔本人则在今年1月11日的视频声明中直言不讳，称这次调查是特朗普政府施压美联储降息、破坏央行独立性的"借口"。 三位仍在世的美联 储前主席，珍妮特·耶伦、本·伯南克和艾伦·格林斯潘，联同四名跨党派前财长发表联合声明，谴责这是"试图通过检察手段破坏央行独立性的前所未有之 举"。 这种司法干预央行的操作，通常只见于制度薄弱的新兴市场国家。 在广东东莞的一家纺织厂，老板陈先生却眉头紧锁。 "我们出口一件T恤到美国，报价3美元。 去年汇率7.3的时候，能收回21.9元 ...

证券日报网2月27日讯，雅戈尔（600177）在接受调研者提问时表示，目前主品牌雅戈尔四大系列包括 行政商务、婚庆、户外休闲及女装，核心品类为衬衫、西服、裤子。公司通过全品类拓展(如将T恤、羽 绒服作为季节性战略大单品)和休闲化转型升级等来应对消费趋势的变化。 ...

Group 1 - The quality supervision and spot check results for student uniforms in Jiading District, Shanghai, for the year 2025 have been released, indicating that out of 30 batches tested, 2 batches were found to be non-compliant [4][5] - The supervision was conducted by the Jiading District Market Supervision Administration based on the implementation guidelines SHSSXZ0101-2025 for product quality supervision and spot checks of school uniforms [4] - A list of compliant products includes various brands and specifications, such as "学联" and "伊顿纪德," with specific sizes and production details provided [4][5] Group 2 - The non-compliant products identified in the supervision include a student uniform from "乔安" and a summer set (T-shirt and shorts) from "小莹星," both of which did not meet quality standards [5] - The report highlights the importance of maintaining product quality in the educational apparel sector, reflecting on the regulatory efforts to ensure compliance [4][5]

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奥运东风下，这季也催生了体育运动与奢侈品牌前所未有的融合，吸引着更广泛的商业合作。 继巴黎之后，奥运会的圣火再次来到欧洲时尚之都。北京时间2月7日凌晨，2026年米兰-科尔蒂纳冬奥会开幕式在意大利米兰的圣西罗体育场举行。各国运 动员穿着风格各异的冬季服饰出场，各大品牌集体亮相，成为开幕式的一大看点。 当地时间2月6日至22日、3月6日至15日，米兰-科尔蒂纳冬奥会与残奥会在意大利的米兰和科尔蒂纳丹佩佐举行，在时尚都市与冰雪山地，将上演一场运动 竞技的盛宴。 各国代表团的队服堪称冬奥赛场的首场竞技。 巴黎奥运会上，意大利代表团服装的平庸表现，在网络上引发关于"阿玛尼翻车"的讨论。本届意大利队依旧延续了与阿玛尼集团的长期合作关系，但摒弃了 多次使用的深蓝色，以乳白色为主调，由旗下运动线品牌EA7设计了一整套白色衣橱，包括羽绒服、飞行员夹克、T恤等套装，以及手套、帽子、背包等配 饰。 继1956年、2006年的冬奥会和1960年的夏季奥运会之后，这是意大利第四次举办奥运盛会。 北部小镇科尔蒂纳丹佩佐是本届主办地之一，这里是欧洲滑雪胜地，位于多洛米蒂山脉的中心地带，拥有设施完善的滑雪场和旅游产业，曾在1956年举办过 ...

Group 1 - The core message of the news is that Pop Mart has announced London as its European headquarters and plans to open seven new physical stores in the UK, creating over 150 jobs [1] - Pop Mart aims to integrate global creative resources and collaborate with talented artists in Europe to enhance the value of its IP and promote cultural exchange between China and foreign markets [1] - The company has reported significant growth in its European operations, with revenue reaching 480 million yuan, a year-on-year increase of 729.2% [3] Group 2 - Pop Mart operates over 570 stores across 18 countries globally, with ongoing expansion in the Middle East and other emerging markets [3] - The European market for Pop Mart is evolving, with consumers showing a broader interest in various products beyond just new store openings and the Labubu IP [3] - Lifestyle-related merchandise, such as T-shirts, blankets, cushions, and jewelry, is becoming increasingly popular in the European market [3]

Core Insights - The article discusses the journey of the content creation company "影视飓风" (Film Storm), highlighting its rapid growth, challenges in management, and the lessons learned from its experiences [4][32]. Group 1: Company Growth and Influence - "影视飓风" achieved significant popularity, with its main account on Bilibili amassing 14.82 million followers and a total of over 28.12 million followers across platforms by January 2026 [2]. - The company generated over 100 million in revenue in 2024 and became a "cash cow" in e-commerce, selling 200,000 T-shirts in 2025 [4]. Group 2: Management Challenges - Initially, the company operated with a flat management structure, leading to overwhelming pressure on the founder, Tim, as all decisions fell on him [8][9]. - Tim faced severe management difficulties, which nearly led to the company's collapse due to a lack of clear roles and responsibilities [7][12]. Group 3: E-commerce Struggles - The e-commerce segment faced significant challenges, including poor product selection and inventory management, which resulted in financial losses [14][15]. - Tim's reliance on personal judgment for e-commerce decisions became a risk as the company scaled, highlighting the need for a systematic approach [18][19]. Group 4: Lessons Learned - Tim learned that management issues often stem from systemic problems rather than individual mistakes, emphasizing the importance of establishing clear rules and structures [26][30]. - The company adopted project management tools to enhance communication and efficiency, which helped address previous operational chaos [27]. Group 5: Organizational Evolution - The article concludes that as the company grew, the ability to adapt and improve organizational structures became crucial for sustained success [32].

Core Insights - The article illustrates the unique corporate culture of On, a Swiss sports brand, which has evolved from a small startup to a multinational company with over 2,600 employees listed on the NYSE in just ten years [2] - The company emphasizes a collaborative and autonomous work environment, guided by its five core values known as "Spirits" [2][3] Group 1: Five Core Values - **Explorer Spirit**: This value promotes curiosity and an entrepreneurial mindset, encouraging employees to take smart risks and innovate without being constrained by rules [3] - **Athlete Spirit**: It emphasizes the pursuit of excellence while recognizing the importance of rest and recovery, highlighting employee well-being and work-life balance [4][10] - **Team Spirit**: Defined by collaboration, this spirit fosters trust, transparency, and respect among team members, allowing for decision-making autonomy [5][13] - **Positive Spirit**: This value embodies a mindset of "everything is possible," encouraging employees to spread positivity, which is seen as contagious [6][14] - **Survivor Spirit**: It guides the company's choices towards sustainability and environmental protection [7][16] Group 2: Company Growth and Strategy - On has experienced exponential revenue growth, reaching 1.79 billion Swiss francs in 2023, and views the increased attention from being publicly listed as a positive pressure to perform better [14] - The leadership team operates on a "five-partner" model, where each member plays a distinct role, fostering a complementary dynamic that enhances decision-making and communication [12][13] - The company aims to position itself as a top-tier premium sports apparel brand, focusing on sustainability and innovation to differentiate itself from both mass-market brands like Nike and luxury brands like Lululemon [16]

Core Insights - DEEP BREATH has opened nearly 500 stores and achieved annual sales in the billions, leveraging a comprehensive retail ecosystem [2][16] - The brand represents a shift in consumer behavior towards rational consumption, focusing on comfort, practicality, and value rather than emotional premium associated with brands [2][4] Product Strategy - DEEP BREATH continues to emphasize high-quality materials at affordable prices, aligning with trends in rational consumption and sustainable fashion [6] - The brand's core philosophy revolves around "comfortable dressing," aiming to provide urban women with practical wardrobe solutions [6] - The strategic focus on wool and cashmere has helped establish trust and recognition in the market, with competitive pricing of 100% cashmere sweaters at 380 RMB and 100% Australian merino wool sweaters at 200 RMB [7] Market Performance - DEEP BREATH has achieved significant market recognition, ranking first in sales and customer satisfaction for women's wool and cashmere sweaters [9] - The brand's sales performance during major shopping events, such as achieving nearly 1 billion RMB in GMV during the 2025 Double 11, reflects its strong market presence [18] Product Range Expansion - The brand targets urban women aged 25-45, focusing on practical and versatile clothing options, and has expanded its product range to include various categories such as outerwear, pants, and shirts [10] - DEEP BREATH emphasizes durability and versatility in its products, using high-quality materials and sustainable practices [12] Retail Strategy - DEEP BREATH has established a dual-channel sales system, integrating online and offline platforms to enhance customer experience and conversion rates [14][17] - The brand's offline stores are strategically located in high-traffic urban areas, designed to reflect the brand's philosophy and enhance customer engagement [15][16] Marketing and Brand Building - The brand focuses on long-term brand value through public engagement activities, collaborations with artists, and partnerships with fashion media to enhance visibility [20][23] - DEEP BREATH aims to build a stable brand recognition through consistent and multi-dimensional content output rather than short-term promotional bursts [25]

Core Viewpoint - Jiumuwang's stock price has shown volatility with a recent increase of 5.11% year-to-date, despite a decrease of 4.37% over the past 20 days, indicating mixed market sentiment towards the company [1]. Group 1: Stock Performance - On January 9, Jiumuwang's stock rose by 2.15%, reaching 13.78 CNY per share, with a trading volume of 3.77 billion CNY and a turnover rate of 4.85%, resulting in a total market capitalization of 79.18 billion CNY [1]. - The stock has increased by 5.11% since the beginning of the year and has experienced a significant rise of 56.95% over the past 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Jiumuwang reported a revenue of 2.13 billion CNY, reflecting a year-on-year decrease of 6.02%, while the net profit attributable to shareholders increased by 129.63% to 310 million CNY [2]. - The company has distributed a total of 5.09 billion CNY in dividends since its A-share listing, with 402 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Jiumuwang decreased by 6.01% to 14,200, while the average number of circulating shares per person increased by 6.40% to 40,410 shares [2]. - Notably, Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3].