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ANPDY 安踏体育ADR
已收盘 12-23 16:00:00 EST 延时
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简况
每日卖空追踪 | 安踏体育 12月23日卖空量成交18.34万股，卖空比例为5.01%
市场透视 · 12-23 16:30
每日卖空追踪 | 安踏体育 12月23日卖空量成交18.34万股，卖空比例为5.01%
安踏体育12月23日获主力加仓1515.2万元
市场透视 · 12-23 16:15
安踏体育12月23日获主力加仓1515.2万元
【券商聚焦】海通国际：餐饮潮玩及家电行业周报 关注泡泡玛特等标的
金吾财讯 · 12-22 11:02
【券商聚焦】海通国际：餐饮潮玩及家电行业周报 关注泡泡玛特等标的
安踏加持，首店落地上海！撞上“关店潮”，这个韩国潮牌如何实现在中国开百店计划？
每日经济新闻 · 12-19
安踏加持，首店落地上海！撞上“关店潮”，这个韩国潮牌如何实现在中国开百店计划？
每日卖空追踪 | 安踏体育 12月19日卖空量成交29.44万股，卖空比例为5.56%
市场透视 · 12-19
每日卖空追踪 | 安踏体育 12月19日卖空量成交29.44万股，卖空比例为5.56%
本土运动品牌发力即时零售 覆盖旅游健身等紧急装备采购需求
封面新闻 · 12-19
本土运动品牌发力即时零售 覆盖旅游健身等紧急装备采购需求
运动品牌CEO纷纷离场，lululemon向左，耐克向右
环球鞋网 · 12-18
运动品牌CEO纷纷离场，lululemon向左，耐克向右
始祖鸟之后，安踏开始看上韩国潮牌生意
时尚商业说 · 12-17
始祖鸟之后，安踏开始看上韩国潮牌生意
安踏参股的Musinsa拟上市、特步将在马来西亚新开50家门店
新进界 · 12-17
安踏参股的Musinsa拟上市、特步将在马来西亚新开50家门店
每日卖空追踪 | 安踏体育 12月17日卖空量成交48.08万股，卖空比例为8.36%
市场透视 · 12-17
每日卖空追踪 | 安踏体育 12月17日卖空量成交48.08万股，卖空比例为8.36%
安踏体育12月17日主力净流入6296.8万元 散户资金抛售
市场透视 · 12-17
安踏体育12月17日主力净流入6296.8万元 散户资金抛售
安踏体育花61亿元打广告 负债增至310亿元为历年最高
市值前沿 · 12-17
安踏体育花61亿元打广告 负债增至310亿元为历年最高
安踏体育12月16日主力净流出1913.2万元 散户资金买入
市场透视 · 12-16
安踏体育12月16日主力净流出1913.2万元 散户资金买入
每日卖空追踪 | 安踏体育 12月15日卖空量成交75.32万股，卖空比例为7.99%
市场透视 · 12-15
每日卖空追踪 | 安踏体育 12月15日卖空量成交75.32万股，卖空比例为7.99%
体育用品产业创新加速器获奖企业出炉 聚焦材料、物流、数字化三赛道
证券日报 · 12-15
体育用品产业创新加速器获奖企业出炉 聚焦材料、物流、数字化三赛道
每日卖空追踪 | 安踏体育 12月12日卖空量成交24.2万股，卖空比例为3.78%
市场透视 · 12-12
每日卖空追踪 | 安踏体育 12月12日卖空量成交24.2万股，卖空比例为3.78%
招银国际：对中国可选消费行业持“同步大市”评级 展望偏向谨慎
智通财经网 · 12-12
招银国际：对中国可选消费行业持“同步大市”评级 展望偏向谨慎
港股概念追踪 | 冰雪旅游迎政策催化 “冷资源”正加速转变为“热经济”(附概念股)
智通财经 · 12-12
港股概念追踪 | 冰雪旅游迎政策催化 “冷资源”正加速转变为“热经济”(附概念股)
安踏李宁特步集体进入增长瓶颈期
DoNews · 12-11
安踏李宁特步集体进入增长瓶颈期
智通港股沽空统计|12月11日
智通财经 · 12-11
智通港股沽空统计|12月11日
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公司概况
公司名称：
安踏体育ADR
所属市场：
PINK LIMITED
上市日期：
--
主营业务：
安踏体育用品有限公司是一家主要从事生产及销售体育用品的公司。该公司的主要业务为品牌营销、生产、设计、采购、供应链管理、批发及零售品牌体育用品，包括鞋类、服装及配饰。该公司透过多元化品牌发掘体育用品市场的潜力，包括“安踏”、“FILA”、“DESCENTE”及“KOLON SPORT”。该公司的产品销往国内和国际市场。
发行价格：
--
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17:13","pubTimestamp":1766135593,"startTime":"0","endTime":"0","summary":"近日，韩国时尚零售平台MUSINSA旗下自有品牌Musinsa Standard在此开出中国首店，并提出未来5年在中国开设100家门店的扩张计划。扎进潮牌聚集地，目标是100家店淮海中路被称为上海购物必去之地，这条街道上聚集了众多商场和潮流店铺，也成为韩国潮牌在中国的重要试验场。Musinsa Standard较为平价，T恤等定价普遍在百元左右。而安踏体育将通过合资企业董事会代表行使战略和财务监督。韩国潮流品牌扎堆中国开店，已经不是新鲜事。","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=nesSN20251219171655a6b6754d&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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| 安踏体育 12月19日卖空量成交29.44万股，卖空比例为5.56%","url":"https://stock-news.laohu8.com/highlight/detail?id=2592118760","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592118760?lang=zh_cn&edition=full","pubTime":"2025-12-19 16:30","pubTimestamp":1766133026,"startTime":"0","endTime":"0","summary":"安踏体育北京时间12月19日，跌0.61%，卖空量成交29.44万股，较上一交易日减少63.27%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=nesSN20251219163421a45f357d&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, 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18:23","pubTimestamp":1766053421,"startTime":"0","endTime":"0","summary":"从安德玛创始人回归救火、耐克老将重掌帅印，始祖鸟大中华区总经理离职，到lululemon CEO离任，巨头们的频繁换帅，揭示了行业的共同难题：在追求规模扩张与保持专业聚焦之间，如何平衡？CEO Calvin McDonald的离任，被视为对过去战略的纠偏。在他任内，lululemon从女性瑜伽品牌扩张为全品类生活方式集团，营收增长超两倍，但代价是产品生命周期过长、品牌形象模糊。","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=nesSN20251218194055a6b270c1&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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17:35","pubTimestamp":1765964137,"startTime":"0","endTime":"0","summary":"品牌方表示，之所以选择上海，主要看中上海这座城市本身的潮流属性，而中国也会是该集团全球化叙事的最重要一环。双方在今年 8 月时宣布成立名为 MusinSaChina 的合资公司，Musinsa 持有合资公司 60% 股份，安踏持有剩下的 40%，这家合资公司将负责 Musinsa Standard 和 Musinsa Store 在中国市场的扩张，安踏则将通过合资企业董事会代表行使战略和财务监督。","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=nesSN20251217174446a6ad727b&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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16:34","pubTimestamp":1765960483,"startTime":"0","endTime":"0","summary":"国货运动品牌海外动作持续升级，安踏参股企业Musinsa筹备IPO、特步布局东南亚市场两大动态，引发行业广泛关注。随后，双方在8月正式达成了战略合作，共同成立合资公司“Musinsa中国”。其中，安踏持股40%，Musinsa持股60%。12月14日，其全球首家海外旗舰店Musinsa Standard在上海淮海中路918号开业。","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=nesSN20251217164955a6ad3772&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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| 安踏体育 12月17日卖空量成交48.08万股，卖空比例为8.36%","url":"https://stock-news.laohu8.com/highlight/detail?id=2592478149","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592478149?lang=zh_cn&edition=full","pubTime":"2025-12-17 16:30","pubTimestamp":1765960226,"startTime":"0","endTime":"0","summary":"安踏体育北京时间12月17日，涨1.65%，卖空量成交48.08万股，较上一交易日减少64.4%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=nesSN20251217163407a45612ac&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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散户资金抛售","url":"https://stock-news.laohu8.com/highlight/detail?id=2592947812","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592947812?lang=zh_cn&edition=full","pubTime":"2025-12-17 16:15","pubTimestamp":1765959338,"startTime":"0","endTime":"0","summary":"12月17日, 安踏体育股价涨1.65%，报收83.00元，成交金额4.8亿元，换手率0.21%，振幅2.27%，量比0.72。安踏体育今日主力资金净流入6296.8万元，上一交易日主力净流出1913.2万元。该股近5个交易日上涨2.33%，主力资金累计净流入4705.1万元；近20日主力资金累计净流入3.9亿元，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=nesSN20251217161833a455ffc3&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":[],"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=nesSN20251217161833a455ffc3&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["LU0048597586.USD","LU0594300179.USD","IE00BQXX3D17.EUR","ANPDY","LU2177674079.SGD","02020","LU0251143458.SGD","LU0823426308.USD","IE00BGV7N243.SGD","LU0261950470.USD","LU0140636845.USD","LU1831875114.USD","LU0320764599.SGD","BK1168","82020","IE00BQXX3F31.USD","LU0048575426.USD","BK1589","LU0052750758.USD","LU0463099449.HKD","LU2039709279.SGD","IE0031814852.USD","LU1188198961.HKD","BK1521","LU0594300419.USD","BK1227","LU0708995583.HKD","LU0251144936.SGD","LU2008162690.USD","LU0605514214.HKD","LU2488822045.USD","LU0823426480.USD","IE0008369823.USD","IE00B031J352.USD","IE00BQXX3C00.GBP","BK1502","LU0244354667.USD","IE00B031HY20.USD","IE0008368742.USD","LU0261947096.USD","BK1500","BK1512","LU0326950275.SGD","LU0650527681.SGD"],"gpt_icon":0},{"id":"2592921159","title":"安踏体育花61亿元打广告 负债增至310亿元为历年最高","url":"https://stock-news.laohu8.com/highlight/detail?id=2592921159","media":"市值前沿","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592921159?lang=zh_cn&edition=full","pubTime":"2025-12-17 14:55","pubTimestamp":1765954520,"startTime":"0","endTime":"0","summary":"3月31日，安踏体育发布2021年财报显示，公司实现收益约493.28亿元，同比增长38.9%；股东应占溢利77.2亿元，同比增长49.6%。与投诉形成对比的又是，安踏体育2021年广告及宣传开支达61.17亿元，同比增长72.23%超过营收增幅。2015年，安踏体育FILA品牌收益仅17.5亿元，到了2021年猛增至218.22亿元，成为安踏体育的创收支柱。安踏体育2021年总负债达310亿元，为历年最高，2017至2021年，安踏体育的负债总额由47.14亿元增至310.05亿元，负债总额逐年增长。","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=nesSN20251217150250a455afd5&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, 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散户资金买入","url":"https://stock-news.laohu8.com/highlight/detail?id=2591001196","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591001196?lang=zh_cn&edition=full","pubTime":"2025-12-16 16:15","pubTimestamp":1765872930,"startTime":"0","endTime":"0","summary":"12月16日, 安踏体育股价跌0.55%，报收81.65元，成交金额8.1亿元，换手率0.35%，振幅2.25%，量比1.33。安踏体育今日主力资金净流出1913.2万元，上一交易日主力净流入2644.6万元。该股近5个交易日上涨3.49%，主力资金累计净流入2962.2万元；近20日主力资金累计净流入3.7亿元，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=nesSN20251216161722a6a8a234&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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| 安踏体育 12月15日卖空量成交75.32万股，卖空比例为7.99%","url":"https://stock-news.laohu8.com/highlight/detail?id=2591164954","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591164954?lang=zh_cn&edition=full","pubTime":"2025-12-15 16:30","pubTimestamp":1765787426,"startTime":"0","endTime":"0","summary":"安踏体育北京时间12月15日，涨0.37%，卖空量成交75.32万股，较上一交易日减少14.43%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=nesSN20251215163401a6a4571a&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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聚焦材料、物流、数字化三赛道","url":"https://stock-news.laohu8.com/highlight/detail?id=2591615949","media":"证券日报","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591615949?lang=zh_cn&edition=full","pubTime":"2025-12-15 15:42","pubTimestamp":1765784546,"startTime":"0","endTime":"0","summary":"本报讯（记者梁傲男）近日，由安踏体育用品有限公司（以下简称“安踏集团”）与璞跃中国联合发起的“体育用品产业创新加速器”（以下简称“加速器”）颁奖典礼在上海举行。经过多轮筛选与对接，九家初创企业凭借其在先进材料、物流智造及数字智能三大赛道的硬核创新成果，斩获“安创新星A-Star”奖项，其中多项创新技术已与安踏集团展开试点合作。","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://finance.eastmoney.com/a/202512153591680533.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU0048597586.USD","LU0594300179.USD","IE00BQXX3D17.EUR","ANPDY","LU2177674079.SGD","02020","LU0251143458.SGD","LU0823426308.USD","IE00BGV7N243.SGD","LU0261950470.USD","LU0140636845.USD","LU1831875114.USD","LU0320764599.SGD","BK1168","82020","IE00BQXX3F31.USD","LU0048575426.USD","BK1589","LU0052750758.USD","LU0463099449.HKD","LU2039709279.SGD","IE0031814852.USD","LU1188198961.HKD","BK1521","LU0594300419.USD","BK1227","LU0708995583.HKD","LU0251144936.SGD","LU2008162690.USD","LU0605514214.HKD","LU2488822045.USD","LU0823426480.USD","IE0008369823.USD","IE00B031J352.USD","IE00BQXX3C00.GBP","BK1502","LU0244354667.USD","IE00B031HY20.USD","IE0008368742.USD","LU0261947096.USD","BK1500","BK1512","LU0326950275.SGD","LU0650527681.SGD"],"gpt_icon":0},{"id":"2591829806","title":"每日卖空追踪 | 安踏体育 12月12日卖空量成交24.2万股，卖空比例为3.78%","url":"https://stock-news.laohu8.com/highlight/detail?id=2591829806","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591829806?lang=zh_cn&edition=full","pubTime":"2025-12-12 16:30","pubTimestamp":1765528225,"startTime":"0","endTime":"0","summary":"安踏体育北京时间12月12日，涨1.74%，卖空量成交24.2万股，较上一交易日减少54.56%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=nesSN2025121216511395398bd9&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, 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展望偏向谨慎","url":"https://stock-news.laohu8.com/highlight/detail?id=2590779508","media":"智通财经网","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2590779508?lang=zh_cn&edition=full","pubTime":"2025-12-12 13:44","pubTimestamp":1765518270,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，招银国际发布研报称，对2026年中国可选消费行业持“大市同步”评级，预期整体零售销售增长约3.5%，较2025年的约4%略有放缓，展望偏向谨慎，不过，春节时间延后、超长连假、房地产板块或出现复苏和股市保持畅旺为少数正面因素;预计2026年上半年行业股价承压，下半年反弹空间相对较大。","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=nesSN2025121213521095393fba&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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| 冰雪旅游迎政策催化 “冷资源”正加速转变为“热经济”(附概念股)","url":"https://stock-news.laohu8.com/highlight/detail?id=2590644547","media":"智通财经","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2590644547?lang=zh_cn&edition=full","pubTime":"2025-12-12 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11:10","pubTimestamp":1765422603,"startTime":"0","endTime":"0","summary":"安踏、李宁、特步正共同面临增长瓶颈，行业高速增长时代结束，集体步入深度调整阶段。2025年上半年，李宁净关闭门店51家，特步主品牌门店减少22家。安踏的多品牌战略遭遇增长分化。主品牌收入仅增5.4%，未达目标；FILA增速放缓至8.6%，第三季度进一步降至低单位数。三大品牌路径不同：安踏探索多品牌协同，李宁回归专业内核，特步深耕垂直领域，但均面临从规模扩张向价值创造转型的共同命题。","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=nesSN20251211111623979be5a4&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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