安踏增长困局:丁世忠多品牌战略背后的冰与火

市场资讯
Sep 23, 2025

来源:牛刀商业评论(图:牛刀商业评论制作)一场原定用于品牌调性造势的户外烟花秀,意外将安踏集团旗下高端户外品牌始祖鸟推向舆论漩涡的中心。这场由烟花秀引发的舆情危机,并非局限于始祖鸟单一品牌,更迅速向母公司安踏集团传导。一方面,投资者在港股互动平台密集提问 “事件对始祖鸟品牌溢价的影响”,担忧其作为安踏 “利润引擎” 的增长稳定性。另一方面,行业分析师指出,此次争议暴露出安踏对高端品牌运营的 “认知...

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