Group 1: Financial Performance - The company's non-net profit for Q3 2023 was impacted by the underperformance of the e-commerce platform during the "Double 9" promotion, leading to a decline in e-commerce channel performance [1] - Increased management expenses were attributed to legal and accounting fees related to the acquisition of the Hush Puppies brand, which were recorded in Q3 [1] - Sales expenses rose due to sponsorship of events such as choral competitions and tennis matches [2] Group 2: Inventory and Brand Management - The company anticipates an improvement in gross margins for its brands, particularly after the upgrade of its proprietary brand "Water Child" [2] - The inventory structure is healthy, with a significant portion being less than one year old; however, the high inventory balance at the end of Q3 was due to the arrival of high-value autumn and winter products [2] - The company recognizes the importance of consistent pricing across online and offline channels for brand perception and supply chain efficiency [2]
嘉曼服饰(301276) - 2023年10月31日投资者关系活动记录表