港股详情

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波司登

4.130

-0.020-0.48%

成交量：821.87万

成交额：3,407.77万

市值：482.55亿

市盈率：11.68

高：4.210

开：4.150

低：4.100

收：4.150

52周最高：5.299

52周最低：3.553

股本：116.84亿

香港流通股本：116.84亿

量比：1.01

换手率：0.07%

股息：0.28

股息率：6.85%

每股收益(LYR):0.354

净资产收益率：24.49%

总资产收益率：11.75%

市净率：2.63

市盈率(LYR):11.68

市销率: 1.62

数据加载中...

总览公司新闻资讯公告

聚焦 | 核心数据出炉！纺织服装行业数字化转型成效显著，AI成破局关键

中国纺织报

羽绒服大年，不看波司登

商业评论零售现场

冷暖起伏叠加原料涨价，今年的羽绒服好卖吗？

纺织服装行业周报：李宁品牌旗下专业户外门店开业 4季度以来周大福同店销售加速

波司登上半财年收入逼近90亿元；探路者斥资6.78亿元控股芯片公司；LVMH集团回应爱马仕继承人指控

CFW服装经理人

【券商聚焦】天风证券维持波司登买入评级品牌羽绒服线上收入稳健高质量增长

波司登(03998)出现大手成交200万股，成交价$5.035，涉资1.007千万

阿斯达克财经

《大行》汇丰研究升波司登(03998.HK)标价至6.1元维持“买入”评级

阿斯达克财经

主品牌增速放缓，雪中飞负增长波司登如何守住羽绒服基本盘？

21世纪经济报道

每日卖空追踪 | 波司登 12月03日卖空量成交42.6万股，卖空比例为1.49%

业绩稳增质优波司登2025/26上半年财报彰显领军发展韧性

《大行》里昂升波司登(03998.HK)目标价至5.8元下半财年起销售强劲

阿斯达克财经

羽绒服大年，不看波司登

波司登（03998）更新11月股份变动月报，股本增至116.69亿股

波司登12月02日获主力加仓36.9万元

《大行》中银国际升波司登(03998.HK)目标价至5.4元上半财年收入和净利润略逊预期

阿斯达克财经

波司登(03998.HK)涨超3%

每日经济新闻

港股异动 | 波司登(03998)涨超3% 机构料其下半财年收入和盈利均有望提速

波司登收入及利润正增长，全新设计师系列推动品牌价值提升

鸭绒价格涨至58万元每吨，羽绒服又要大涨价了吗？

江瀚视野观察

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09:02","pubTimestamp":1765155766,"startTime":"0","endTime":"0","summary":"最近几年，羽绒服市场进入新的竞争阶段，波司登也开始感受到寒意。过去，消费者认为，羽绒服买一件波司登总不会错。当羽绒服行业的竞争也激烈起来，波司登意识到，必须要回归羽绒服核心主业了。中国羽绒服行业，在规模上，目前能够对波司登形成压力的，几乎只有鸭鸭。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251208092510a729e0f7&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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00:00","pubTimestamp":1765123200,"startTime":"0","endTime":"0","summary":"原料涨价，使得羽绒服成本上浮，压力传导至消费末端。冷暖起伏叠加原料涨价，今年的羽绒服好卖吗？2018年起，波司登发力高端市场，聚焦羽绒服主业开展高端化跃升。同样走“四季化”战略，作为深耕行业53年的国民羽绒服领军品牌，雅鹿依托全场景进行品类矩阵的布局，目前已构建覆盖“羽绒服、四季装、童装、家纺、内衣”等全品类的差异化矩阵。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025120806422895301ddd&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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日至11 月18 日，内地同店销售额同比增长29%，港澳同店销售额增长18%。11 月29 日，李宁品牌旗下专业户外品类首店“COUNTERFLOW 溯”在北京朝阳大悦城正式亮相。各子板块中，SW 纺织制造下跌0.39%，SW 服装家纺下跌2.26%，SW 饰品下跌1.72%，SW 家居用品上涨0.5%。名创海外市场本季度同店销售转正，门店拓展按计划推进","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251208160648a72a9eb4&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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13:49","pubTimestamp":1764827340,"startTime":"0","endTime":"0","summary":"[大手成交]波司登(03998)在下午01:49出现大手成交，成交量为200万，成交价为港币$5.035，涉资1.007千万。至目前为止，股价跌0.984%，今日最高价为$5.12，而最低价为$5.01，总成交量为1.309千万股，总成交金额港币$6.62千万。","market":"fut","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20180205145555799_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20180205145555799_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aamm-content/AAT2512045331/aamm-all-category","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aamm-content/AAT2512045331/aamm-all-category","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["BK1502","LU1675838814.USD","LU1808992512.USD","03998","BK1500","BK1589","BK1512","BK1227"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588071833","title":"《大行》汇丰研究升波司登(03998.HK)标价至6.1元 维持“买入”评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2588071833","media":"阿斯达克财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588071833?lang=zh_cn&edition=fundamental","pubTime":"2025-12-04 09:53","pubTimestamp":1764813180,"startTime":"0","endTime":"0","summary":"汇丰研究发表报告指，波司登(03998.HK) 2026财年上半年业绩符合预期，但下半年旺季布局强劲。该行预期2026财年全年派息比率将维持83.6%，与上年持平。该行上调时代电气盈利预测2至3%，有利天气与新产品或推动利润率超预期。维持“买入”评级，目标价由5.9元上调至6.1元，以反映盈利预测调整。(ha/w)(港股报价延迟最少十五分钟。沽空资料截至 2025-12-03 16:25。)AASTOCKS新闻","market":"other","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20230707111623389_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20230707111623389_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1488389/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1488389/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["03998"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588504631","title":"主品牌增速放缓，雪中飞负增长 波司登如何守住羽绒服基本盘？","url":"https://stock-news.laohu8.com/highlight/detail?id=2588504631","media":"21世纪经济报道","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588504631?lang=zh_cn&edition=fundamental","pubTime":"2025-12-03 20:37","pubTimestamp":1764765456,"startTime":"0","endTime":"0","summary":"近日，国内羽绒服龙头波司登（03998.HK）交出一份并不亮眼的中期成绩单。2025/26上半财年（截至2025年9月30日止六个月），波司登实现营收约89.28亿元（人民币，下同），同比小幅上升1.4%，净利润约12.01亿元，同比增长5.2%。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202512033581748822.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202512033581748822.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK1227","BK1500","03998","BK1502","LU1808992512.USD","BK1512","BK1589","LU1675838814.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588775540","title":"每日卖空追踪 | 波司登 12月03日卖空量成交42.6万股，卖空比例为1.49%","url":"https://stock-news.laohu8.com/highlight/detail?id=2588775540","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588775540?lang=zh_cn&edition=fundamental","pubTime":"2025-12-03 16:30","pubTimestamp":1764750631,"startTime":"0","endTime":"0","summary":"波司登北京时间12月03日，跌0.78%，卖空量成交42.6万股，较上一交易日减少89.95%更多个股卖空数据请看下面视窗：卖空数据是观测市场多空博弈的关键指标：短期可反映市场情绪，高卖空比例预示看空预期，但极端值可能触发轧空反弹；长期结合基本面恶化则预警下行风险。需注意其局限性：卖空行为包含对冲需求，未必单纯看空；机构可能通过衍生品做空未体现在数据中，且散户跟风易扭曲信号。股市有风险，请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203163527978d7bed&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, 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13:45","pubTimestamp":1764740717,"startTime":"0","endTime":"0","summary":"近日，中国羽绒服行业领军企业波司登国际控股有限公司公布截至2025年9月30日止六个月的中期业绩。品牌羽绒服业务作为波司登集团的绝对核心，持续发挥增长引擎作用，报告期内实现收入人民币65.68亿元，同比强劲增长8.3%，占总收入的比重提升至73.6%。报告期内，波司登在主流电商平台30岁以下的年轻消费者占比显著提升，品牌结构持续焕新。2025年秋季，波司登的国际化进程再上新台阶。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203140102a4c9a135&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"property":["earning"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203140102a4c9a135&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["03998"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588510095","title":"《大行》里昂升波司登(03998.HK)目标价至5.8元  下半财年起销售强劲","url":"https://stock-news.laohu8.com/highlight/detail?id=2588510095","media":"阿斯达克财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588510095?lang=zh_cn&edition=fundamental","pubTime":"2025-12-03 09:51","pubTimestamp":1764726660,"startTime":"0","endTime":"0","summary":"里昂研究报告指，波司登上半财年销售及净利润分别按年增长1.4%及5.3%，符合预期。10月至今，波司登品牌的线下销售录得双位数按年增长，当中折扣幅度有所收窄，而线上业务在双十一期间亦保持强劲势头。该行将2026至28财年净利润预测上调1至2%，以反映业务组合更为有利，以及严格成本控制；销售预测大致维持不变。目标价由5.2元上调至5.8元，因预测市盈率提高至13倍。沽空资料截至 2025-12-02 16:25。","market":"sh","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20240508115438043_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20240508115438043_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1488094/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1488094/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["03998"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588095154","title":"羽绒服大年，不看波司登","url":"https://stock-news.laohu8.com/highlight/detail?id=2588095154","media":"斑马消费","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588095154?lang=zh_cn&edition=fundamental","pubTime":"2025-12-03 07:38","pubTimestamp":1764718705,"startTime":"0","endTime":"0","summary":"最近几年，羽绒服市场进入新的竞争阶段，波司登也开始感受到寒意。过去，消费者认为，羽绒服买一件波司登总不会错。当羽绒服行业的竞争也激烈起来，波司登意识到，必须要回归羽绒服核心主业了。侵蚀比对垒更可怕那么，羽绒服市场，不看波司登，还能看谁？中国羽绒服行业，在规模上，目前能够对波司登形成压力的，几乎只有鸭鸭。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.ifeng.com/c/8om8kQYOQlA","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"fenghuang_stock","symbols":["BK1227","LU1675838814.USD","BK1589","BK1500","BK1502","LU1808992512.USD","03998","BK1512"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1153117439","title":"波司登（03998）更新11月股份变动月报，股本增至116.69亿股","url":"https://stock-news.laohu8.com/highlight/detail?id=1153117439","media":"公告速递","labels":["shareholding","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1153117439?lang=zh_cn&edition=fundamental","pubTime":"2025-12-02 17:52","pubTimestamp":1764669178,"startTime":"0","endTime":"0","summary":"波司登国际控股有限公司于2025年12月2日发布截至2025年11月30日止的股份变动月报。报告期内，公司法定股本维持在20,000,000,000股，面值为每股USD 0.00001，总额持续为USD 200,000。本月普通股由11,629,753,273股增至11,669,037,672股，新增39,284,399股。公司无库存股变动，亦无购回或注销活动。截至2025年11月30日，公司已发行股份总数增至11,669,037,672股。公司同时确认，已遵守香港联合交易所有限公司相关上市规则及适用法律法规。公告由公司秘书梁爽签署。","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03998"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588172061","title":"波司登12月02日获主力加仓36.9万元","url":"https://stock-news.laohu8.com/highlight/detail?id=2588172061","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588172061?lang=zh_cn&edition=fundamental","pubTime":"2025-12-02 16:16","pubTimestamp":1764663362,"startTime":"0","endTime":"0","summary":"12月02日, 波司登股价涨2.20%，报收5.12元，成交金额1.8亿元，换手率0.30%，振幅3.39%，量比1.37。波司登今日主力资金净流入36.9万元，连续3日净流入，上一交易日主力净流入666.1万元。近一年数据显示，该股主力连续3日净流入后，次日上涨概率为55.00%，平均涨幅为2.05%。该股近5个交易日上涨2.17%，主力资金累计净流入4412.7万元，其中1个交易日为股价下跌时净流入；近20日主力资金累计净流入1.7亿元，其中净流入天数为15日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251202162257978b5f12&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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15:06","pubTimestamp":1764659160,"startTime":"0","endTime":"0","summary":"中银国际发表报告指，波司登2026财年上半年收入和净利润分别按年增长1%和5%，略低于市场预期，这主要由于非核心业务表现疲软。然而，其主品牌波司登依然表现稳健，且优于整体服装行业。该行预计波司登将在2026财年下半年旺季实现业绩环比改善。维持“买入”评级，并将目标价上调至5.4元。同时认为波司登2026财年的预计股息收益率超过6%，具备较高吸引力。","market":"other","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20240508115436934_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20240508115436934_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1487878/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":["rate","earning"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1487878/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["03998"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588084287","title":"波司登(03998.HK)涨超3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2588084287","media":"每日经济新闻","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588084287?lang=zh_cn&edition=fundamental","pubTime":"2025-12-02 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机构料其下半财年收入和盈利均有望提速","url":"https://stock-news.laohu8.com/highlight/detail?id=2588084378","media":"智通财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588084378?lang=zh_cn&edition=fundamental","pubTime":"2025-12-02 14:01","pubTimestamp":1764655294,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，波司登涨超3%，截至发稿，涨3.19%，报5.17港元，成交额1.03亿港元。消息面上，波司登近期发布2025/26财年中期业绩公告。东方证券指出，展望26下半财年，预计公司收入和盈利均有望提速。在之前结束的双十一活动中，在天猫和抖音平台，公司波司登主品牌在服饰品类名列前茅，其副牌雪中飞也表现优异，为旺季提速打下了良好基础。围绕双聚焦战略和羽绒主业的多品牌矩阵，该行预期公司未来3年将保持稳健可持续增长。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1376440.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["BK1500","03998","BK1589","BK1502","BK1512","LU1808992512.USD","BK1227","LU1675838814.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588089362","title":"波司登收入及利润正增长，全新设计师系列推动品牌价值提升","url":"https://stock-news.laohu8.com/highlight/detail?id=2588089362","media":"华源证券","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588089362?lang=zh_cn&edition=fundamental","pubTime":"2025-12-02 10:14","pubTimestamp":1764641669,"startTime":"0","endTime":"0","summary":"分业务看，1)品牌羽绒服：FY25/26H1实现营收65.7亿元，同比+8.3%，营收占比同增4.7pct至73.6%，毛利率同降2.0pct至59.1%，系期间经销渠道销售增速更高，下半财年与Kim Jones、Errolson Hugh等国际顶级设计师合作产品发布有望提升品牌形象；2)贴牌加工：FY25/26H1实现营收20.4亿元，同比-11.7%，我们认为主要系关税等外部因素影响，伴随关税等因素逐步消退，营收增速有望修复；3)女装及多元化服饰业务仍在调整，公司运用多重手段着力提升整体运营和管理效率。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251202103201a71e144b&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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08:15","pubTimestamp":1764634500,"startTime":"0","endTime":"0","summary":"而鸭绒作为羽绒服的核心原材料，其价格的大幅上涨无疑会给羽绒服的成本带来更大的压力，更是羽绒服企业涨价的一个非常合理的理由，在这种情况下，企业为了保证利润空间，必然会对外宣传将成本的增加部分传递到终端价格上，从而导致羽绒服价格的进一步上涨。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251202083447978a9e3c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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