（以下内容从海通国际《纺织服装业行业跟踪报告：美国黑五零售增长4.1%、11月航空出行人数微降0.7%，INDITEX 25Q3收入增长加速》研报附件原文摘录）本报告导读：黑五美国零售增长4.1%，消费仍有韧性。INDITEX25Q3收入增长加速，净利率+0.7pct。10月全球航空景气度改善，11月美国航空出行人数微降0.7%。投资要点：投资建议：外需短期仍待观察25Q4北美在假日旺季、高基数、...
Source Link（以下内容从海通国际《纺织服装业行业跟踪报告：美国黑五零售增长4.1%、11月航空出行人数微降0.7%，INDITEX 25Q3收入增长加速》研报附件原文摘录）本报告导读：黑五美国零售增长4.1%，消费仍有韧性。INDITEX25Q3收入增长加速，净利率+0.7pct。10月全球航空景气度改善，11月美国航空出行人数微降0.7%。投资要点：投资建议：外需短期仍待观察25Q4北美在假日旺季、高基数、...
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