核心价值

20092009最好••••2346812212454628082838485871421432:3:ClarksDeckersECCORockportTimberlandWolverineColeHaanKennethColeGuessNineWestCelineChristianLacroixDonnaKaranNewYorkEmilioPucciEnzoAngioliniGivenchyKenzoLoeweMarcbyMarcJacobsMarcianoPaulSmithSigersonMorrisonViaSpigaStellaLunaWhatFor3:4:1991•1982•1995•ClarksRockportTimberlandWolverine1998••2000•1999•2003•4:5:2006•StellaLuna•2004•CelineChristianLacroixDonnaKaranNewYorkEmilioPucciGivenchyKenzoLoeweMarcbyMarcJacobs2007••WhatFor2008•••100StellaLunaWhatFor602009•DubaiMall200StellaLuna5:6:20092008200720062005102,168124,993114,69591,37485,422200920082007200620051,008,5981,102,116937,164779,346668,9267:200956.9%28.6%7.2%4.3%3.0%200923.5%26.5%5.6%37.3%2.5%4.6%8:9:10:StellaLunaWhatFor11:12:13:13:14:1,008,600,0008.5%18.3%102,100,000791,610,816807,227,90216.8%0.1290.15511.8%42,700,00048,400,000ASP22.61.8%37.3%38.5%26.5%26.0%23.5%25.3%5.6%5.9%15:StellaLunaWhatFor75.0%46,600,00026,600,00018,900,00023.3%23,300,0002.4%4.6%84.6%33,000,00025648%239,800,000262,600,0008.7%23.8%23.8%1.210.1%11.3%5,300,000ASP66.0%144,600,00087,100,00060,100,00041,800,00016:56.9%60.8%28.6%26.4%7.2%4.3%3.0%ASP57.9%62.4%17:55,000,00025StellaLuna42WhatFor7StellaLunaStellaLuna1,0002,800WhatFor6001,500120StellaLuna31547101WhatFor3318:StellaLunaWhatForDeckersAsiaPacificLimitedDeckersUGGASP19:DeckersUGG425,200,000365,100,000755,900,000699,900,000157,100,000135,300,0004.85.220:12,100,00016,400,0009,300,0002,800,00010,100,00050,00058,00021:22:Clarks65ChangShan2ChangShan23:20,000,000623,0005,000,000153,0003,0001,700TimberlandChangShan24:25:26:27:••••1.2.3.4.5.28:2/22/22/2(i)(ii)(iii)(iv)(v)3A.1929:E.1.2E.1.2A.A.130:A.1.1✓0/9#9/96/99/99/95/9#(1)(2)9/99/9*5/8*31:A.1.2✓A.1.314✓14A.1.4✓A.1.5✓A.1.6✓A.1.7✓32:A.1.8✓A.1.9✓A.1.10A.1.1A.1.8✓A.1.1A.1.8A.2••••••••••••••33:A.2.1✓A.2.2✓A.2.3✓A.2.4✓A.2.5✓A.2.6✓34:A.2.7✓A.2.8✓EA.2.9✓A.3A.3.1✓35:A.3.2XSBS3.103.11A.3.3✓A.4(i)(ii)A.4.1A.4.2✓✓(i)(ii)(iii)36:A.4.3A.4.4✓1/11/11/137:A.4.5✓A.4.6✓A.4.7✓A.4.8✓38:A.5A.5.1✓A.5.2(a)(b)(c)(d)✓A.5.3✓39:A.5.4✓A.5.5✓B.1.1A.5.6✓40:A.5.7✓A.1.1A.5.2A.5.3A.5.8✓A.5.2A.5.3A.6A.6.1✓A.6.2✓A.6.3✓A.6.1A.6.241:B.B.1B.1.1✓(i)(ii)(iii)(iv)(i)(ii)(iii)42:B.1.2✓(i)(ii)(iii)B.1.3(a)(b)(c)(d)(e)(f)✓B.1.4✓43:B.1.5✓B.1.6✓B.1.7XB.1.8C.C.1C.1.1✓44:C.1.2✓5380C.1.3✓C.1.445XC.1.5X(i)(ii)(iii)45:C.2C.2.1✓COSO(theCommitteeofSponsoringOrganisationsoftheTreadwayCommission)5•46:C.2.2✓C.2.1C.2.3(a)(b)(c)(d)(e)✓C.2.3C.2.4✓C.2.1C.2.5✓C.2.1C.2.6C.2.147:C.34/44/42/4(A)(i)(ii)(iii)(iv)(B)(i)(ii)•(iii)•609,00045,500C.3.1✓48:C.3.2(a)(b)✓C.3.3(a)(b)(c)✓(i)(ii)(iii)C.3.4✓49:C.3.5C.3.6✓(i)(ii)(iii)(iv)(v)50:C.3.7(a)(b)✓C.3.7D.D.1A.1D.1.1✓D.1.2✓A.151:D.1.3✓D.1.4✓D.2D.2.1✓D.2.2✓52:E.E.1E.1.1✓E.1.1E.1.253:E.1.32010✓2511E.2E.2.1✓54:55:56:5927CordwalnerBonaventureInc.StellaInternationalMarketingCompanyLimited58200320062006UniversityofCincinnatiCordwalnerBonaventureInc.5827CordwalnerBonaventureInc.MissionHighLimited57:4924CordwalnerBonaventureInc.CordwalnerBonaventureInc.MissionHighLimitedN.O.I.HoldingCompanyLimitedN.O.I.(Macau)CompanyLimitedN.O.I.TradingCompanyLimitedRigelFootwearCompanyLimitedStellaLunaSolLimitedStellaServicesLimited5227CordwalnerBonaventureInc.MissionHighLimitedN.O.I.TradingCompanyLimitedRigelFootwearCompanyLimitedStellaFootwearInc.3814CordwalnerBonaventureInc.58:78KPMGInternational20FHKIHRM,FHKIoD,FHKMA5727MacquarieSecuritiesAsiaJPMorganChaseJardineFlemingAT&TCitibank,N.A.MotorolaLucentTechnologyMBAMBAMBA59:5052UniversityofBath5326SelenaFootwearInc.60:4923N.O.I.TradingCompanyLimitedPolluxFootwearCompanyLimited4824PolluxFootwearCompanyLimited4016SanDiegoStateUniversity5324501661:5315532562:63:64:3382401040,900,00010,200,000183171712-17161565:2532271,700,000256,500,00087(1)66:31313.1367:XVXV78352(A)153,00010.02%96,00020.01%169,50030.02%223,50040.03%2,225,68650.28%211,50060.03%1.102,0002.64,0003.113,0004.149,0005.43,0006.141,00068:(B)CordwalnerBonaventureInc.113,69411.86%1122,70712.80%223,1252.41%76,0007.93%33,7563.52%6,5360.68%1.CordwalnerBonaventureInc.3.93%XV2.CordwalnerBonaventureInc.4.87%XVXV7835269:336XV23CordwalnerBonaventureInc.552,318,99269.53%336XV2331170:940.18676,920676,920755,00014.070.1%14A22,938,00010,000,00071:314A.143,200,0003,300,000414A.143,484,0005,300,00072:514A.1420,709,00050,600,0006114A.145,850,00016,000,00073:714A.1419,360,00027,400,000MountainGearLtd.MountainGearMountainGear8StellaInvestmentsOverseasLimited(SIOL)MountainGear45%MountainGearSIOLMountainGearMountainGear30%MountainGearMountainGearMountainGearMountainGear)14A.14MountainGear430,0001,000,00074:1483414A.4514A.475714A.4514A.4714A.4813714A.42(3)14A14A.38814A.37MountainGearAceOpportunityLimited45%66.7%MountainGearAceOpportunityLimited75:(1)(2)(3)(i)(ii)(iii)76:30%238,313,85010%78,000,0005%10121%12(i)0.1%(ii)5,000,00077:4,644,6001,514,6003,130,000852,445,500679(A)153,000–(51,000)––51,00051,00096,000–(32,000)––32,00032,000169,500–(56,500)––56,50056,500223,500–(74,500)––74,50074,50064,500–(21,500)––21,50021,500211,500–(70,500)––70,50070,500(B)1,527,500–(605,900)(4,000)–(7,500)446,400(7,500