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At the auto show, BYD Seagull won an order of over 10,000 units within 24 hours with a pre-sale price of 78,800-95,800 yuan. However, some netizens think that the pre-sale price is a bit expensive, so after Seagull officially went public, the guide price was lowered to 73,800-89,800 yuan. The appearance of this BYD car is bound to seize some sales of competing models such as Wuling Bingo, and may even take away many orders originally belonging to BYD Dolphins.

BYD Seagull is 30cm shorter than Honda Fit, but its wheelbase is 2500mm, which is almost the same as Fit. Taking an adult male of 176cm as a reference, seagulls have ample head space, and the leg space is two fists apart, while Honda Fit has similar performance.

From the sense of space, seagulls are not inferior to Fit. The positioning of seagulls is the layout of five doors and four seats, and the fit can realize the full load of five people. In addition, Fit is a famous "space magician". Even if a child seat is installed, it is no problem to sit with two girls.

If we talk about interior decoration and configuration, Fit and Seagull have different directions. In the mid-term, Fit is equipped with a 7-inch full LCD instrument panel and an 8-inch central control panel, while Seagull comes standard with a 10.1 adaptive rotating PAD, and has a built-in DiLink intelligent network connection system, which supports rich third-party entertainment applications such as online navigation, and is both practical and entertaining. There is also a mobile phone wireless charging board in the front row. The practical proportion of high-strength steel in the whole car is as high as 61%, and the front side airbag is added with high allocation, which is more secure. BYD Seagull is equipped with a 3-in-1 motor, with a maximum power of 55kW and a peak torque of 135Nm, which is sufficient for walking and a maximum speed of 130km/h, suitable for commuting in cities. The seagull is equipped with a blade battery, and its cruising range is 305 km or 405 km under CLTC conditions. The whole system comes standard with fast charging, which can be charged from 30% to 80% within 30 minutes.

In terms of driving pleasure, or sometimes need to run long distances, Fit has an advantage, because Honda’s chassis and suspension are better adjusted, including the texture of steering and intense driving, which is Honda’s strong point for many years. In this modification, the new Fit is equipped with a 1.5-liter naturally aspirated engine code-named L15CC, with a maximum power of 91 kW and a peak torque of 145 Nm.

To sum up, BYD Seagull and Honda Fit have their own advantages and disadvantages at this price, depending on your car demand. If you use it as the only car in your family, Fit has stronger household attributes, and the five-seat layout and power advantages make it more convenient for you to commute in daily cities and travel long distances during holidays, and the maintenance cost is also lower, which is suitable for consumers with tight budget and urgent need to buy a car. BYD Seagull is more suitable to buy a personal scooter or a family car. The electric car itself has the advantages of quieter and smoother, and with better workmanship and smart car, it will be more comfortable on the way to and from work. It’s very convenient and fun to get together with friends on weekends. Moreover, it can save a lot of fuel costs and support fast charging.

Fit sold 4,350 vehicles in March, while Seagull’s 24-hour pre-sale order has exceeded 10,000. Obviously, the small car market is making a comeback. Fit has Honda’s brand advantages and years of product reputation, and BYD has also been recognized by the market as having brand appeal. Who do you think will win the next market competition?

If you plan to buy, will you choose Fit or Seagull? Leave a message to share your opinion with us.

　　　 Movie Network NewsOn October 21, "Big Brother" Jackie Chan appeared in Tokyo, Japan, to attend the Tokyo press conference of the film. Jackie Chan, who went to Japan for the first time since the March 11 earthquake, was always filled with a very friendly smile. Facing the influx of media, Jackie Chan said excitedly: "Long time no see everyone! I have always wanted to see you, but due to busy work, I didn’t come until today. I am really sorry." Jackie Chan also admitted that he was very moved by the strong spirit of the Japanese people after the earthquake, and shouted in Japanese "Japan, come on!" The audience was very moved.

　　　 On the same day, Shoko Nakagawa, the pure actress who dubbed the Japanese version of the film, took the stage as a fan of Jackie Chan’s big brother and gave Jackie Chan a large handful of roses. Seeing her idol, Nakagawa said excitedly, "Today is the happiest day in my life! I like your works very much! You are a treasure for all of us, please be immortal!" An excited speech made Jackie Chan smile from ear to ear.

　　　 Jackie Chan will appear on the green carpet of the 24th Tokyo International Film Festival, which opens today (October 22). The film "Xinhai Revolution" will be released nationwide on November 5, 2011.

More exciting content on the next page

1003 days after the official announcement, Lei Jun and Xiaomi’s first car SU7 were officially unveiled.

In the past year, the launch of new domestic forces has made people feel the illusion of a domestic mobile phone launch conference. It’s a week or two, and it’s dizzying. It’s estimated that the joint venture brands are dumbfounded. Is this frequency a mobile phone or a new car? As a result, many netizens have reached a consensus: domestic electric vehicles are like domestic Android phones with constant press conferences. As for which Apple iPhone is, it doesn’t matter.

Back to Xiaomi’s "Su Wife", positioning a C-class high-performance eco-tech car, the drag coefficient has reached the lowest drag of 0.195 among mass-produced cars in the world, the maximum horsepower is 673PS, the peak power is 495kW, the peak torque is 838Nm, the high-profile version has a zero-acceleration of only 2.78 seconds, the top speed is 265km, and the CLTC cruising range is 800km. It claims to be the king of electric vehicles in winter, and people and cars are all ecological. ……

Lei Jun spoke emotionally for three hours, and some netizens left a message to Lei Jun: The whole press conference was most impressed by the sentence "How can it be 99,000?". Why? Because ordinary people buy a household scooter, where can anyone go to see what wind resistance coefficient? How much electricity can be saved by a low drag coefficient? Where can anyone watch the zero-speed acceleration for a few seconds? It is difficult to drive 60 yards an hour on the increasingly serious traffic jam. Just like blowing your own mobile phone, the whole press conference "Su Wife" was all about the friend Porsche Taycan. It is also interesting to look down on others and learn from them in various ways.

At the press conference, Lei Jun said that it is impossible for Xiaomi automobile SU7 to sell 99,000, and it is impossible to sell 149,000. Lei Jun did not respond to the 199,000 cases with the highest voice from the masses. So, is it possible? There was a detail at the press conference. From the beginning to the end, when Lei Jun introduced SU7, he compared Taycan Turbo and Model S, which cost about one million yuan. The meaning is clear: good is expensive, and expensive is good. Presumably, you already have the answer in your heart.

It is worth mentioning that Lei Jun said at the press conference that Xiaomi SU7 will not be officially released for several months. When I saw this sentence at that time, I accidentally laughed. Don’t forget, Xiaomi is the originator of playing futures. When Xiaomi’s mobile phone was released, it took several months for official website Gen to deliver it. Unexpectedly, Xiaomi played his own specialty in the car. How low the wind resistance of SU7 is, how many motors and batteries are, how powerful the interconnection between vehicles and engines is, and how long the battery life is. In the ever-changing era of electric vehicles, various unexpected changes (evolution) may occur in a few months.

By the way, yesterday’s Krypton 007 entry version was priced at 209,900 yuan, and the top price was 299,900 yuan. Even in the entry-level version, the rear axle motor is 310kW, 440Nm, with an acceleration of 5.6s, a power consumption of 12.5kWh/100km, a battery life of 688km, Qualcomm Snapdragon 8295 and so on. The configuration is not low, and there is still the right to upgrade the battery to 100kWh for 20,000 yuan. In the eyes of many people, Krypton 007 is a direct competitor of Xiaomi SU7, and then the price is rolled up to 200,000.

Before the press conference, when talking with friends about the price of millet SU7, we all thought that the probability of SU7 would be in the range of 250,000-350,000. The killing of electric vehicles in this price range has entered a white-hot stage.

Next, it depends on Xiaomi and Lei Jun. …

Rolex’s market share exceeds 30%

1.24 million watches, 10.1 billion Swiss francs in revenue, Rolex handed over the best performance in history last year.

Morgan Stanley and LuxeConsult, a Swiss consulting firm, recently released an annual report on the watch industry, showing that Rolex, the king of watches, achieved a revenue of 10.1 billion Swiss francs last year, breaking through the 10 billion mark for the first time, accounting for slightly more than 30% of the retail market share. Cartier, owned by Richemont Group, and Omega, owned by Swatch Group, occupy the second and third places in the ranking with 3.1 billion Swiss francs and 2.6 billion Swiss francs respectively.

In this report, analysts said that Rolex’s sales "exceed the combined sales of Cartier, Omega, Audemars Piguet, Patek Philippe and Richard Mille".

At present, independent brands occupy a dominant position in the watch industry, while the share of listed groups is limited. According to Morgan Stanley’s data, affected by Rolex’s dominance, the market shares of Swatch, LVMH and Richemont all declined in different degrees in 2023, and currently account for 19.4%, 18.7% and 5.8% of the total retail sales respectively.

Luxury giants are also continuing to increase their watch business. In February last year, LVMH announced that it would restart the Swiss watch brand Daniel Roth to operate as an independent brand. At the beginning of this year, the group reorganized its watch and jewelry department and appointed Frederic Arnault, the fourth son of Bernard Arnault, the head of the group, as the department leader.

7 years after delisting, Belle Fashion went to Hong Kong for IPO.

Seven years after privatization and delisting, the largest fashion shoe company in China has returned to the capital market.

Recently, Belle Fashion Group officially submitted its listing application on the Hong Kong Stock Exchange. According to the prospectus, in the nine months ended November 30, 2023, Belle Fashion achieved revenue of 16.1 billion yuan, with a net profit margin of 12.8%, which was the highest level during the track record period.

Belle Fashion is the largest fashion footwear company in China at present, with 19 core brands, including women’s shoes, men’s shoes, children’s shoes, clothing and accessories, covering different orientations from mass to high-end and diverse styles. In addition to enriching the brand matrix, Belle Fashion is constantly expanding its sales channels. In the first three quarters of last year, the proportion of brand online channel revenue reached about 28%, while before privatization, this proportion was less than 7%.

It is worth noting that in March, 2022, Belle Fashion submitted the IPO declaration of Hong Kong stocks, but it ended in failure.

The history of Belle Fashion can be traced back to the 1970s, when Deng Yao, a famous shoe designer in Hong Kong, founded Belle International, whose main business includes Belle Fashion related business and sports shoes and clothing retail business. In 2007, Belle International landed on the Hong Kong Stock Exchange. In July 2017, the consortium including Gaochun Capital completed the privatization of Belle International.

After 7 years of precipitation, it is worth paying attention to what possibilities Belle Fashion will have in the future.

Hermes continues to expand its business in Asia

Asia is still the "backbone" of the luxury goods market.

Recently, Hermes is expanding its retail business in the Asian market, opening a new store in Tokyo, Japan, and renovating its old store in Kuala Lumpur, Malaysia. Up to now, Hermes has about 40 stores in Japan and 3 stores in Malaysia.

The new Tokyo store is still designed by RDAI, a French architectural design company, and is located in Mabaishan, which is a two-story independent store. Hermes store in The Gardens Mall, Kuala Lumpur, Malaysia, reopened after renovation and expansion ten years after its first opening.

In the background of the cold luxury goods industry, Hermes still recorded brilliant sales performance. Last year, the group’s comprehensive revenue reached 13.4 billion euros, an increase of 21% at a fixed exchange rate. The net profit reached 4.3 billion euros, up 28% year-on-year, faster than the three luxury goods groups, namely LVMH, Kaiyun and Lifeng. Among them, the growth rate in Asia reached 19%, while Japan maintained sustained and steady growth, with a year-on-year increase of 26%.

According to the latest luxury market research report jointly released by Bain Consulting and Italian luxury manufacturers’ industry association, the Asian market led the growth pace of luxury market in 2023. Hermes chose to continue to exert its strength in the Asian market, which is precisely because of the consumption vitality in the region.

Miu Miu’s growth rate is bright

In 2023, when the luxury goods industry was striving for stability, MiuMiu came out with a rare growth curve.

On March 7th, the Italian luxury goods group Prada released its financial year 2023 performance report. Thanks to the high market demand for Prada and Miu Miu, its net revenue increased by 13% year-on-year to 4.7 billion euros, and its retail sales increased by 17% year-on-year to 4.2 billion euros at a fixed exchange rate.

Among them, the biggest highlight comes from Miu Miu. According to the financial report, its sales revenue in 2023 increased by 58% year-on-year to 649 million euros. This increase is much higher than that of its Italian counterparts Brunello Cucinelli and Dzheniya Group, and that of Miu Miu is nearly twice as high.

Miu Miu’s explosion is inseparable from stylized marketing — — The youthful and lively design attracts the attention of young consumers, and it is also a common way for Miu Miu to show his youthful attitude to choose artists who have just started their careers but have distinctive personal styles to promote their products.

However, the other side of stylization is that it is easily influenced by trends. This makes it difficult for Miu Miu to show its own brand characteristics through explosions and star products. In order to cope with this problem, it recently launched a series of perfumes in cooperation with L ‘Oré al Group, trying to find new growth points in the track of olfactory economy.

French luxury brands will reduce China stores.

Mid-end luxury brands are facing operational difficulties and have to reduce the number of stores.

SMCP Group, the parent company of French brands Sandro, Maje and Claudie Pierlot, recently released its performance report for 2023. The sales increased slightly by 4% to 1.231 billion euros at a fixed exchange rate, and the net profit dropped from 51 million euros in the previous year to 11 million euros.

SMCP said in its financial report that the performance of China market was lower than expected. In the newly disclosed transformation plan, it plans to reduce the sales network in China market by about 15%.

In 2016, China clothing company Shandong Ruyi acquired SMCP. Compared with Coach and Michael Kors, which started earlier and had higher market share, SMCP’s luxury brands entered the China market late and lacked the first Mover advantage. In addition, Shandong Ruyi was caught in a debt crisis and could not promote large-scale brand expansion. SMCP broke up with Shandong Ruyi in 2022.

When the economic environment is full of uncertainty, the middle class, consumption power and demand targeted by luxury brands also decline accordingly. To make matters worse, the main categories of Sandro and Maje are popular clothes that lack value preservation and recognition, and they are the first to be "abandoned".

(Image from various brands of Weibo)