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七匹狼净利润连续5年下滑 能否借老佛爷扭转颓势

2017-08-25 10:06:26   中国经济网

七匹狼公告称,随着人均可支配收入的增加及消费升级,消费者希望通过差异化产品展示个性,表达身份及品味。中国设计师品牌服装市场高速增长,销售额由2011年的人民币111亿元增加至2015年的人民币282亿元,年增长复合率为26.2%,预计至2020年将保持26.6%的复合增长。轻奢类设计师品牌在国内发展潜力大。该公告还提到,KARL LAGERFELD不光是一个服饰品牌的代表,而是一个生活方式的代表。

扭转颓势

近年来,服装业整体表现平平,市场颓势明显,业界忧思沉重。包括歌力思、如意集团等国内服装品牌纷纷寄希望于海外并购轻奢品牌寻求新的利润增长点。

21世纪经济报道记者查阅了七匹狼近年来的业绩报告。报告显示,七匹狼在2012年净利润达到5.61亿元,但此后连续五年下滑:2013年为3.79亿元,2014年2.89亿元,2015年2.73亿元,2016年2.67亿元。与此对应的是,公司的销售净利率也从2012年的16.27%降到了2016年的10.52%。

直至2017年上半年,七匹狼业绩才有好转。2017年中期业绩报告显示,公司营业利润和利润总额较上年同期增长40.43%、38.34%,主要原因是公司于报告期内加大了库存清理力度,同时费用有所下降,从而促进了营业利润和利润总额的增长。

同时,七匹狼还在公告中表示,报告期内,公司仍然处于持续推进七匹狼主品牌改革调整的过程当中,努力推动产品优化、供应链升级和渠道有效布局,收入和利润继续受到影响。

马岗表示,在前两三年,服装品牌业绩平淡,今年慢慢进入复苏,但是仍为市场的温和增长期,总体业绩平淡。

那么,收购Karl Lagerfeld(卡尔·拉格斐)能够扭转七匹狼业绩颓势?

七匹狼公告中表示,在大中华区,Karl Lagerfeld(卡尔·拉格斐)主要通过上海公司在中国大陆开展业务,目前已在北京、上海及部分一线城市运营有6家直营零售店面及1家奥特莱斯店面。店面均设立在所在城市的核心商圈,如上海静安嘉里中心店,北京银泰店,武汉国际广场店等。鉴于大中华区的业务在2013年才开始运营,尚处于品牌的培育期,因此目前仍然未实现盈利。在零售业务上,2015年下半年,目标公司对运营团队进行了结构优化,取得了良好的效果。目前,其零售店面的月平效已达到较高水平(平均月平效超过3万元/平方米,扣除面积较大的两个店外,月平效接近5万元/平方米)。

七匹狼方面认为,上海公司目前虽然没有实现盈利,但经过几年的摸索,已经形成了良性的发展趋势,具有很大的发展潜力。同时,其品牌在全球不断上升的热度也可以进一步促进大中华区业务的发展。

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