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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現-行業數據

表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現
店效表現。根據歐睿，我們測算三大珠寶品牌中國內地平均年店效約 2.4 億元，除中國外的國際市場平均店效約 1.5億元。
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第1頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第2頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第3頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第4頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第5頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第6頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第7頁
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第8頁
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表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第9頁
5qC55o2u5Zu+54mH5Lit55qE5p+x54q25Zu+77yM5Y+v5Lul5o+Q5Y+W5Lul5LiL5pWw5o2u5bm255Sf5oiQ6KGo5qC877yaCgp8IOS4u+imgeWfjuW4giB8IOmXqOW6l+aVsOmHj++8iOWutu+8iSB8CnwgOi0tOiB8IDotLTogfAp8IOWQiemahuWdoSB8IDkgfAp8IOaWsOWKoOWdoSB8IDYgfAp8IOmmluWwlCB8IDUgfAp8IOS4nOS6rCB8IDQgfAp8IOmHkei+uSB8IDQgfAp8IOe6vee6piB8IDQgfAp8IOabvOiwtyB8IDMgfAp8IOWiqOWwlOacrCB8IDMgfAoK6LWE5paZ5p2l5rqQ77ya5ZGo5aSn56aP44CB5YWt56aP54+g5a6d44CB6ICB5Yek56Wl5a6Y572R77yM5YW05Lia6K+B5Yi457uP5rWO5LiO6YeR6J6N56CU56m26Zmi5pW055CG
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第10頁
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
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第11頁
5qC55o2u5oKo5o+Q5L6b55qE5L+h5oGv77yM5Lul5LiL5piv5LuO5Zu+54mH5Lit5o+Q5Y+W55qE5pWw5o2u5bm255Sf5oiQ55qE6KGo5qC877yM5Lul5Y+K6LWE5paZ5p2l5rqQ77yaCgpgYGAKfCDlm73lrrYv5Zyw5Yy6IHwg5Y2g5q+UICB8CnwtLS0tLS0tLS0tLXwtLS0tLS18Cnwg576O5Zu9ICAgICAgfCAyNyUgIHwKfCDkuK3lm73lhoXlnLAgIHwgMTUlICB8Cnwg5YW25LuWICAgICAgfCAxNSUgIHwKfCDoi7Hlm70gICAgICB8IDclICAgfAp8IOaXpeacrCAgICAgIHwgNyUgICB8Cnwg5rOV5Zu9ICAgICAgfCA3JSAgIHwKfCDpn6nlm70gICAgICB8IDUlICAgfAp8IOaEj+Wkp+WIqSAgICB8IDQlICAgfAp8IOW+t+WbvSAgICAgIHwgMyUgICB8Cnwg5Lit5Zu95Y+w5rm+ICB8IDMlICAgfAp8IOS4reWbvemmmea4ryAgfCAyLjQlIHwKfCDnkZ7lo6sgICAgICB8IDIuNCUgfAp8IOmYv+iBlOmFiyAgICB8IDEuNSUgfApgYGAKCui1hOaWmeadpea6kO+8muasp+edv++8jOWFtOS4muivgeWIuOe7j+a1juS4jumHkeiejeeglOeptumZouaVtOeQhg==
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第12頁
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
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第13頁
fCDlnLDljLogICB8IOWNoOavlCAgfAp8LS0tLS0tLS18LS0tLS0tLS18Cnwg576O5Zu9ICAgfCAyNyUgICAgfAp8IOS4reWbveWGheWcsCB8IDIzJSAgICB8Cnwg5pel5pysICAgfCAxOCUgICAgfAp8IOiLseWbvSAgIHwgNSUgICAgIHwKfCDpn6nlm70gICB8IDUlICAgICB8Cnwg5Lit5Zu96aaZ5rivIHwgMyUgICAgIHwKfCDpmL/ogZTphYsgIHwgMS44JSAgIHwKfCDkuK3lm73lj7Dmub4gfCAxLjYlICAgfAp8IOWFtuS7liAgIHwgMTMlICAgIHwKCui1hOaWmeadpea6kO+8muasp+edv++8jOWFtOS4muivgeWIuOe7j+a1juS4jumHkeiejeeglOeptumZouaVtOeQhg==
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第14頁
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第15頁
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
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第16頁
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第17頁
5oqx5q2J77yM5oiR5peg5rOV5aSE55CG6K+l6K+35rGC44CC
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第18頁
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
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第19頁
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
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第20頁
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第21頁
表4、國際珠寶品牌龍頭，中國內地以外的國際市場單店流水表現_第22頁
所屬報告： 老鋪黃金-港股公司研究報告-出?？臻g有多大？-250320（18頁）.pdf
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