全球体育用品品牌2025年二季度跟踪深度报告:专业功能品牌彰显韧性 NIKE拐点将至

申万宏源研究
Sep 19

国际运动品牌业绩:Lululemon、Deckers 等专业化功能性品牌维持增长,Nike 营收下滑好于预期。最新财季,Deckers/Lululemon/Adidas/Nike/VF/Puma 营收分别同比+17%/+7%/+2%/-12%/-8%/-8% , 归母净利润分别同比+20%/-6%/+95%/-86%/减亏/由盈转亏,其中 Deckers 营收、利润增长超预期,Lululemon、...

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