{"id":168375,"date":"2023-07-29T08:35:41","date_gmt":"2023-07-29T00:35:41","guid":{"rendered":"http:\/\/www.htt.hk\/?p=168375"},"modified":"2023-07-29T08:35:41","modified_gmt":"2023-07-29T00:35:41","slug":"%e5%bc%80%e4%ba%91%e9%9b%86%e5%9b%a2%e4%b8%8a%e5%8d%8a%e5%b9%b4%e9%94%80%e5%94%ae%e5%a2%9e%e9%95%bf2%e4%bd%8e%e4%ba%8e%e9%a2%84%e6%9c%9f","status":"publish","type":"post","link":"http:\/\/www.htt.hk\/?p=168375","title":{"rendered":"\u5f00\u4e91\u96c6\u56e2\u4e0a\u534a\u5e74\u9500\u552e\u589e\u957f2%\u4f4e\u4e8e\u9884\u671f"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>\u5f53\u5730\u65f6\u95f47\u670827\u65e5\u6536\u76d8\u540e\uff0c\u6cd5\u56fd\u5962\u4f88\u54c1\u5de8\u5934 Kering\uff08\u5f00\u4e91\u96c6\u56e2\uff09\u516c\u5e03\u4e862023\u4e0a\u534a\u8d22\u5e74\u7684\u4e3b\u8981\u8d22\u52a1\u6570\u636e\uff1a\u9500\u552e\u6536\u5165\u8fbe\u5230101.35 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6%\u589e\u957f\uff1b\u5728\u96c6\u56e2\u65d7\u4e0b\u54c1\u724c\u6301\u7eed\u8fdb\u884c\u6295\u8d44\u7684\u80cc\u666f\u4e0b\uff0c\u4e0a\u534a\u5e74\u7ecf\u5e38\u6027\u8425\u4e1a\u5229\u6da6\u8fbe\u523027\u4ebf\u6b27\u5143\u3002\u7ecf\u5e38\u6027\u8425\u4e1a\u5229\u6da6\u7387\u4e3a27.0%\u3002<\/p>\n\n\n\n<p>\u7b2c\u4e8c\u5b63\u5ea6\u4e2d\uff0c\u96c6\u56e2\u9500\u552e\u6536\u5165\u5728\u62a5\u544a\u57fa\u7840\u4e0a\u540c\u6bd4\u589e\u957f2%\uff0c\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u589e\u957f3%\uff0c\u672a\u80fd\u8fbe\u5230\u5e02\u573a\u9884\u671f\u3002\u5c31\u6e20\u9053\u6765\u770b\uff0c\u5305\u62ec\u7535\u5546\u7f51\u7ad9\u5728\u5185\u7684\u76f4\u8425\u5e97\u7f51\u7edc\u6536\u5165\u540c\u6bd4\u589e\u957f4%\uff0c\u4e9a\u592a\u5730\u533a\u548c\u65e5\u672c\u8868\u73b0\u826f\u597d\uff0c\u897f\u6b27\u589e\u957f\u7a33\u5065\uff0c\u800c\u5317\u7f8e\u7684\u9500\u552e\u5219\u6709\u6240\u4e0b\u964d\u3002<\/p>\n\n\n\n<p>\u5f00\u4e91\u96c6\u56e2\u4e3b\u5e2d\u517c\u9996\u5e2d\u6267\u884c\u5b98Fran\u00e7ois-Henri Pinault\u8868\u793a\uff1a\u201c\u4e0a\u534a\u5e74\uff0c\u6211\u4eec\u7ee7\u7eed\u6295\u8d44\u4e8e\u6211\u4eec\u65d7\u4e0b\u7684\u54c1\u724c\uff0c\u4ee5\u4fdd\u6301\u5b83\u4eec\u7684\u5438\u5f15\u529b\u548c\u72ec\u7279\u6027\u3002\u5728\u4fdd\u6301\u5173\u952e\u7684\u524d\u77bb\u6027\u4e3e\u63aa\u7684\u540c\u65f6\uff0c\u6211\u4eec\u4fdd\u6301\u4e86\u9ad8\u6c34\u5e73\u7684\u76c8\u5229\u80fd\u529b\u3002\u6211\u4eec\u8fd8\u91c7\u53d6\u4e86\u4e00\u4e9b\u51b3\u5b9a\u6027\u7684\u63aa\u65bd\u6765\u6269\u5927\u6211\u4eec\u5728\u5962\u4f88\u54c1\u9886\u57df\u7684\u8db3\u8ff9\uff0c\u7279\u522b\u662f\u6536\u8d2d\u4e86\u8457\u540d\u7684\u9999\u6c34\u54c1\u724cCreed\uff0c\u4ee5\u52a0\u901f\u5f00\u4e91\u7f8e\u5bb9\u54c1\u724c\u7684\u5d1b\u8d77\u3002\u52a0\u4e0a\u6211\u4eec\u4e0a\u5468\u5ba3\u5e03\u7684\u91cd\u5927\u7ec4\u7ec7\u53d8\u9769\uff0c\u4ee5\u52a0\u5f3a\u5bf9\u516c\u53f8\u7684\u7ba1\u7406\uff0c\u4ee5\u53ca\u6211\u4eec\u5728\u8fc7\u53bb\u51e0\u4e2a\u6708\u91cc\u5df2\u7ecf\u542f\u52a8\u7684\u8bb8\u591a\u9879\u76ee\uff0c\u4e0a\u534a\u5e74\u7684\u53d1\u5c55\u589e\u5f3a\u4e86\u6211\u5bf9\u5f00\u4e91\u672a\u6765\u524d\u666f\u7684\u4fe1\u5fc3\u3002\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/23-13-1024x575.png\" alt=\"\" class=\"wp-image-168376\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/23-13-1024x575.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/23-13-300x168.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/23-13-768x431.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u4e0a\u6708\uff0c\u5f00\u4e91\u96c6\u56e2\u4ee5 35 \u4ebf\u6b27\u5143\u7684\u4ef7\u683c\u6536\u8d2d\u4e86\u82f1\u56fd\u6c99\u9f99\u9999\u6c34\u54c1\u724c Creed\uff08\u607a\u82ae\u5f97\uff09\uff0c\u636e\u77e5\u60c5\u4eba\u58eb\u900f\u9732\uff0cCreed \u7684 EBITDA\uff08\u606f\u7a0e\u6298\u65e7\u644a\u9500\u524d\u5229\u6da6\uff09\u7ea6\u4e3a1.5\u4ebf\u6b27\u5143\uff0c\u5229\u6da6\u7387\u8d85\u8fc750%\u3002\u6309\u6b64\u8ba1\u7b97\uff0c\u672c\u6b21\u4ea4\u6613\u7684\u4ef7\u683c\u4e3a\u54c1\u724c EBITDA \u768423\u500d\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"558\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/30-16-1024x558.png\" alt=\"\" class=\"wp-image-168377\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/30-16-1024x558.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/30-16-300x163.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/30-16-768x418.png 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/30-16.png 1608w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u5728\u53d1\u5e03\u8d22\u52a1\u6570\u636e\u7684\u540c\u65f6\uff0c\u5f00\u4e91\u96c6\u56e2\u5ba3\u5e03\u5df2\u540c\u610f\u4ece\u5361\u5854\u5c14\u738b\u5ba4\u63a7\u80a1\u7684\u79c1\u4eba\u6295\u8d44\u96c6\u56e2 Mayhoola for Investments\uff08\u4ee5\u4e0b\u7b80\u79f0 Mayhoola\uff09\u624b\u4e2d\u6536\u8d2d\u610f\u5927\u5229\u5962\u4f88\u54c1\u724c Valentino\uff08\u534e\u4f26\u5929\u5974\uff0930%\u7684\u80a1\u4efd\uff0c\u4f5c\u4e3a\u6218\u7565\u4ea4\u6613\u7684\u4e00\u90e8\u5206\uff0c\u5f00\u4e91\u96c6\u56e2\u53ef\u4ee5\u9009\u62e9\u57282028\u5e74\u524d\u5b8c\u5168\u63a7\u5236\u8fd9\u5bb6\u5927\u5229\u5962\u4f88\u54c1\u724c\u3002<\/p>\n\n\n\n<p>\u8fd9\u7b14\u4ef7\u503c 17 \u4ebf\u6b27\u5143\u7684\u5168\u73b0\u91d1\u6536\u8d2d\u662f\u5f00\u4e91\u96c6\u56e2\u4e0eMayhoola\u201c\u66f4\u5e7f\u6cdb\u6218\u7565\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\u7684\u4e00\u90e8\u5206\u201d\uff0c\u8fd9\u53ef\u80fd\u4fc3\u4f7f Mayhoola\u6210\u4e3a\u5f00\u4e91\u96c6\u56e2\u7684\u80a1\u4e1c\u3002Kering \u5c06\u6d3e\u4ee3\u8868\u8fdb\u5165 Valentino\u8463\u4e8b\u4f1a\uff0c\u5e76\u6709\u6743\u5728\u4e94\u5e74\u5185\u6536\u8d2d\u8be5\u54c1\u724c100%\u7684\u80a1\u4efd\u3002<\/p>\n\n\n\n<p>Fran\u00e7ois-Henri Pinault\u5728\u4e00\u4efd\u58f0\u660e\u4e2d\u8868\u793a\uff1a\u201c\u6211\u5f88\u9ad8\u5174\u4e0eMayhoola\u5408\u4f5c\u5f00\u53d1Valentino\u7684\u7b2c\u4e00\u6b65\u3002\u201d 2012\u5e74\u6536\u8d2dValentino\u7684Mayhoola\u201c\u5c06\u7ee7\u7eed\u6301\u670970%\u7684\u80a1\u4efd\uff0c\u5e76\u5c06\u7ee7\u7eed\u6267\u884c\u6210\u529f\u7684\u54c1\u724c\u63d0\u5347\u6218\u7565\u201d\u3002<\/p>\n\n\n\n<p>Bernstein \u5206\u6790\u5e08 Luca Solca \u8868\u793a\uff0c\u8fd9\u4efd\u534f\u8bae\u5bf9\u5f00\u4e91\u6765\u8bf4\u770b\u8d77\u6765\u201c\u5f88\u6709\u5e0c\u671b\u201d\uff0c\u56e0\u4e3a\u5f00\u4e91\u201c\u5728\u7ba1\u7406\u548c\u5f00\u53d1\u65f6\u5c1a\u54c1\u724c\u65b9\u9762\u6709\u7740\u826f\u597d\u7684\u8bb0\u5f55\u201d\u3002\u4ed6\u8865\u5145\u79f0\uff1a\u201cValentino\u53ef\u4ee5\u88ab\u89c6\u4e3a\u610f\u5927\u5229\u7248\u7684Yves Saint Laurent\uff0c\u5f00\u4e91\u80fd\u591f\u901a\u8fc7\u5b83\u521b\u9020\u4ef7\u503c\u3002\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"878\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/31-10-1024x878.png\" alt=\"\" class=\"wp-image-168378\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/31-10-1024x878.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/31-10-300x257.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/31-10-768x658.png 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/31-10.png 1260w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u8fd9\u7b14\u4ea4\u6613\u7684\u8fbe\u6210\u6b63\u503c\u5f00\u4e91\u96c6\u56e2\u8bd5\u56fe\u52a0\u901f\u5176\u843d\u540e\u4e8e\u6cd5\u56fd\u7ade\u4e89\u5bf9\u624b LVMH\u96c6\u56e2\u548c\u7231\u9a6c\u4ed5\u7684\u4e4f\u529b\u589e\u957f\u3002Fran\u00e7ois-Henri Pinault\u5766\u8a00\uff0c\u4e1a\u7ee9\u201c\u6ca1\u6709\u8fbe\u5230\u6211\u4eec\u7684\u96c4\u5fc3\u548c\u6f5c\u529b\uff0c\u5c24\u5176\u662fGucci\uff0c\u201d\u4e0a\u5468\uff0c\u96c6\u56e2\u5ba3\u5e03\u4e86\u4e00\u9879\u91cd\u5927\u7684\u7ba1\u7406\u5c42\u8c03\u6574\uff0c\u65e8\u5728\u91cd\u632f Gucci\uff1a<\/p>\n\n\n\n<p>1\u6708\u4e0a\u4efb\u7684 Gucci\u54c1\u724c\u65b0\u4efb\u521b\u610f\u603b\u76d1 Sabato de Sarno \u5c06\u4e8e9\u6708\u63a8\u51fa\u4ed6\u7684\u9996\u4e2a\u7cfb\u5217\uff1b<br>\nGucci \u8d44\u6df1\u9996\u5e2d\u6267\u884c\u5b98 Marco Bizzarri \u79bb\u804c\uff0cJean-Fran\u00e7ois Palus\u5df2\u88ab\u4efb\u547d\u4e3a\u4e34\u65f6\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u63a5\u66ff\u4ed6\u7684\u5de5\u4f5c\u804c\u8d23\uff1b<br>\n\u81ea2013\u5e74\u4ee5\u6765\u4e00\u76f4\u62c5\u4efb Yves Saint Laurent\uff08\u5723\u7f57\u5170\uff09\u9996\u5e2d\u6267\u884c\u5b98\u7684 Francesca Bellettini \u88ab\u63d0\u5347\u4e3a\u96c6\u56e2\u526f\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u8d1f\u8d23\u6240\u6709\u54c1\u724c\u7684\u53d1\u5c55\u3002<br>\n\u6700\u8fd1\uff0c\u82f1\u56fd\u6fc0\u8fdb\u5bf9\u51b2\u57fa\u91d1 Bluebell Capital Partners \u5165\u80a1\u5f00\u4e91\u96c6\u56e2\uff0c\u5e0c\u671b\u63a8\u52a8\u66f4\u591a\u53d8\u9769\u3002<\/p>\n\n\n\n<p>\u5c55\u671b\u672a\u6765\uff0c\u5728\u8fd1\u671f\u6301\u7eed\u7684\u7ecf\u6d4e\u548c\u5730\u7f18\u653f\u6cbb\u4e0d\u786e\u5b9a\u6027\u73af\u5883\u4e0b\uff0c\u5f00\u4e91\u96c6\u56e2\u5c06\u7ee7\u7eed\u6267\u884c\u5176\u6218\u7565\u548c\u613f\u666f\uff0c\u8ffd\u6c42\u4e24\u4e2a\u5173\u952e\u76ee\u6807\uff1a<\/p>\n\n\n\n<p>\u4fdd\u6301\u76c8\u5229\u589e\u957f\u7684\u8f68\u8ff9\uff0c\u4ece\u800c\u4ea7\u751f\u9ad8\u6c34\u5e73\u7684\u73b0\u91d1\u6d41\u548c\u8d44\u672c\u56de\u62a5\u7387\uff1b<br>\n\u5de9\u56fa\u5176\u4f5c\u4e3a\u5962\u4f88\u54c1\u884c\u4e1a\u6700\u5177\u5f71\u54cd\u529b\u96c6\u56e2\u4e4b\u4e00\u7684\u5730\u4f4d\u3002<br>\n\u8d22\u62a5\u53d1\u5e03\u540e\u7684\u7b2c\u4e8c\u5929\uff0c\u622a\u81f37\u670828\u65e5\u5f53\u5730\u65f6\u95f412\u70b9\uff08\u5317\u4eac\u65f6\u95f4\u665a6\u70b9\uff09\uff0c\u5f00\u4e91\u96c6\u56e2\u80a1\u4ef7\u8f83\u4e0a\u4e00\u4ea4\u6613\u65e5\u4e0b\u8dcc1.32%\uff0c\u5f53\u524d\u5e02\u503c\u7ea6\u4e3a648\u4ebf\u6b27\u5143\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"145\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0-11-1024x145.png\" alt=\"\" class=\"wp-image-168381\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0-11-1024x145.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0-11-300x42.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0-11-768x109.png 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0-11.png 1698w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u622a\u81f36\u670830\u65e5\uff0c\u5f00\u4e91\u96c6\u56e22023\u4e0a\u534a\u8d22\u5e74\u5404\u54c1\u724c\u4e1a\u7ee9\u8868\u73b0\u5982\u4e0b\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"377\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/32-14-1024x377.png\" alt=\"\" class=\"wp-image-168379\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/32-14-1024x377.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/32-14-300x111.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/32-14-768x283.png 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/32-14.png 1504w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u2014\u2014Gucci\uff08\u53e4\u9a70\uff09<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"466\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/00-1024x466.jpeg\" alt=\"\" class=\"wp-image-168382\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/00-1024x466.jpeg 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/00-300x137.jpeg 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/00-768x349.jpeg 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/00.jpeg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>2023\u5e74\u4e0a\u534a\u5e74\uff0cGucci\u7684\u8425\u4e1a\u989d\u8fbe\u523051\u4ebf\u6b27\u5143\uff0c\u5728\u62a5\u544a\u57fa\u7840\u4e0a\u540c\u6bd4\u4e0b\u964d1%\uff0c\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u589e\u957f1%\u3002\u5176\u4e2d\uff0c\u76f4\u8425\u5e97\u7f51\u7edc\u7684\u9500\u552e\u989d\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u589e\u957f\u4e861%\uff1b\u6279\u53d1\u6536\u5165\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u4e0b\u964d\u4e86 3%\u3002<\/p>\n\n\n\n<p>\u7b2c\u4e8c\u5b63\u5ea6\u4e2d\uff0cGucci\u7684\u6536\u5165\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u540c\u6bd4\u589e\u957f\u4e861%\u3002\u5c31\u6e20\u9053\u6765\u770b\uff0c\u76f4\u8425\u5e97\u7f51\u7edc\u7684\u9500\u552e\u989d\u4e5f\u5f55\u5f97\u4e861%\u7684\u540c\u6bd4\u589e\u957f\uff0c\u8fd9\u4e3b\u8981\u5f97\u76ca\u4e8eGucci\u72ec\u7279\u7684\u4ea7\u54c1\u7cfb\u5217\uff0c\u4ee5\u53ca\u76ae\u5177\u3001\u65c5\u884c\u548c\u5973\u88c5\u7cfb\u5217\u7684\u5f3a\u52b2\u9500\u552e\u3002<\/p>\n\n\n\n<p>\u4e0a\u534a\u8d22\u5e74\u4e2d\uff0cGucci\u7684\u7ecf\u5e38\u6027\u8425\u4e1a\u5229\u6da6\u603b\u989d\u8fbe\u523018\u4ebf\u6b27\u5143\uff0c\u8425\u4e1a\u5229\u6da6\u738735.3%\uff0c\u4e3b\u8981\u662f\u7531\u4e8e\u54c1\u724c\u4e3a\u7ee7\u7eed\u5b9e\u65bd\u6218\u7565\u4e3e\u63aa\u800c\u8fdb\u884c\u7684\u6295\u8d44\u6240\u63a8\u52a8\u7684\u3002<\/p>\n\n\n\n<p>\u2014\u2014Yves Saint Laurent\uff08\u5723\u7f57\u5170\uff09<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"466\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000-1-1024x466.jpeg\" alt=\"\" class=\"wp-image-168383\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000-1-1024x466.jpeg 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000-1-300x137.jpeg 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000-1-768x349.jpeg 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000-1.jpeg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>2023\u5e74\u4e0a\u534a\u5e74\uff0cYves Saint Laurent\u7684\u6536\u5165\u8fbe\u523016\u4ebf\u6b27\u5143\uff0c\u5728\u62a5\u544a\u57fa\u7840\u4e0a\u540c\u6bd4\u589e\u957f6%\uff0c\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u540c\u6bd4\u589e\u957f7%\u3002\u5c31\u6e20\u9053\u6765\u770b\uff0c\u76f4\u8425\u5e97\u7f51\u7edc\u7684\u9500\u552e\u989d\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u4e8611%\uff0c\u800c\u6279\u53d1\u6536\u5165\u4e0b\u964d\u4e8610%\uff0c\u8fd9\u4e0e\u96c6\u56e2\u7cbe\u7b80\u6279\u53d1\u6e20\u9053\u7684\u6218\u7565\u4e00\u81f4\u3002<\/p>\n\n\n\n<p>\u5728\u6210\u8863\u548c\u76ae\u5177\u7684\u63a8\u52a8\u4e0b\uff0c\u7531\u4e8e\u76f4\u8425\u96f6\u552e\u7f51\u7edc\u8868\u73b0\u826f\u597d\uff08\u5f55\u5f978%\u7684\u540c\u6bd4\u589e\u957f\uff09\uff0cYves Saint Laurent \u7b2c\u4e8c\u5b63\u5ea6\u7684\u9500\u552e\u989d\u5728\u53ef\u6bd4\u57fa\u7840\u4e0a\u589e\u957f\u4e867%\u3002<\/p>\n\n\n\n<p>\u4e0a\u534a\u8d22\u5e74\u4e2d\uff0cYves Saint 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class=\"wp-image-168386\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000000-1024x466.jpeg 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000000-300x137.jpeg 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000000-768x349.jpeg 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/000000.jpeg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u5f97\u76ca\u4e8eMaui 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class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"145\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/33-13-1024x145.png\" alt=\"\" class=\"wp-image-168380\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/33-13-1024x145.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/33-13-300x42.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/33-13-768x109.png 768w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/33-13.png 1698w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\u9644\u5f55\uff1a<\/p>\n\n\n\n<p>\u2014\u2014\u5f00\u4e91\u96c6\u56e22023\u4e0a\u534a\u8d22\u5e74\u8d22\u52a1\u62a5\u8868\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"520\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0000-5-1024x520.png\" alt=\"\" class=\"wp-image-168387\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0000-5-1024x520.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0000-5-300x152.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/0000-5-768x390.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"584\" src=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/1111-2-1024x584.png\" alt=\"\" class=\"wp-image-168388\" srcset=\"http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/1111-2-1024x584.png 1024w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/1111-2-300x171.png 300w, http:\/\/www.htt.hk\/wp-content\/uploads\/2023\/07\/1111-2-768x438.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>\u5f53\u5730\u65f6\u95f47\u670827\u65e5\u6536\u76d8\u540e\uff0c\u6cd5\u56fd\u5962\u4f88\u54c1\u5de8\u5934 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