国内运动品牌巨头增长放缓,安踏市值是李宁六倍

南方都市报
Jul 19, 2025

李宁、安踏日前都发布了最新运营情况公告,增长放缓是两个国内运动品牌巨头的共同点。李宁公司(HK:02331)2025年第二季度最新运营状况显示,在零售表现上,李宁销售点(不包括李宁YOUNG)零售流水录得低个位数增长。具体渠道而言:线下渠道(包括零售及批发)录得低个位数下降。其中,零售(直营)渠道录得中个位数下降,批发(特许经销商)渠道录得低个位数增长;电子商务录得中个位数增长。对比第一季度营运...

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