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中信建投:運動服飾短期增速承壓 長期景氣持續
格隆匯11月18日丨中信建投(601066)指出,運動服飾短期增速承壓,長期景氣持續,看好國產品牌升級。短中期,疫情、銷售基數擾動,預計2H21-1H22零售流水增速回落;長期,中國運動服飾增速領跑服飾細分行業,且處於滲透率提升階段,在全民健身政策支持下有望長期景氣;需求端國潮消費發力,女子瑜伽、戶外等高性能、專業產品快速成長,國產品牌從渠道爲王轉向產品爲王,崛起趨勢延續,推薦:安踏體育、波司登、華利集團、李寧。
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