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Retail
Figs stock price sits in a range: will it have a breakout in 2025?
December 31, 2024 08:07 PM AEDT| By InvezzFigs stock has lost momentum and remained in a consolidation phase in almost two years. It remained inside the support and resistance levels at $4.42 and $6.97 in this period, missing the strong stock surge in the United States. It was trading at $6....
Here are FTSE 100’s worst performers of 2024: will they bounce back in 2025?
December 27, 2024 09:59 PM AEDT| By InvezzThe FTSE 100 had a solid year overall aided by the Labour party’s landslide victory in the general election, and the Bank of England starting to cut interest rates in what collectively helped boost UK stocks. The UK’s blue-chip index is u...
US holiday retail sales 2024: what drove the unexpected surge?
December 27, 2024 05:32 PM AEDT| By InvezzHoliday retail sales in the United States in 2024 outpaced forecasts, with consumers flocking to last-minute online deals and convenient shopping options like curbside pickup and free delivery. Despite inflationary pressures, total spending during th...
Is Nike stock positioned for a blockbuster 2025?
December 25, 2024 03:02 AM AEDT| By InvezzNike Inc (NYSE: NKE) has had a turbulent 2024 but the coming year is unlikely to be particularly kind to the world’s largest sportswear brand either, according to Wall Street analysts. Shares of the footwear and apparel company are on track to closin...
GameStop stock is at risk: here’s one potential solution
December 21, 2024 07:46 PM AEDT| By InvezzGameStop (GME) stock price has moved sideways in the past few months as investors assess its slow business trajectory and its strong balance sheet. GME was trading at $29.8, where it has been in the past few weeks. This price is about 202% higher tha...
Costco stock’s steep valuation raises concerns: is it time to sell?
December 21, 2024 12:37 AM AEDT| By InvezzCostco Wholesale’s stock has become the Palantir Technologies of the retail world, boasting a steep valuation and an ardent investor base. The warehouse giant continues to deliver value to its 77 million members worldwide with unbeatable deals like $...
Laopu Gold stock surges 437% since June listing: what’s fueling the rally?
December 20, 2024 05:36 PM AEDT| By InvezzDespite sluggish demand in the retail jewellery market, Beijing-based Laopu Gold has emerged as a standout success. With revenue skyrocketing 148% year-on-year in the first half of 2024 and stock prices surging 437% since its June Hong Kong listing,...
Christmas chaos looms as Amazon workers in key US cities plan to strike
December 19, 2024 10:36 PM AEDT| By InvezzThousands of Amazon workers in the United States are preparing for a massive strike during the peak Christmas shopping period, highlighting tensions between the retail giant and its employees over pay and working conditions, as per a report from Al-J...
Here’s why the Hermes share price is soaring and beating rivals
December 18, 2024 07:09 PM AEDT| By InvezzThe Hermes share price has done well this year, outperforming other top players in the luxury goods industry. It rose to a high of €2,300, its highest level since May 21st and 21% above the lowest point in September. Hermes stock has risen by 2...
Walmart de Mexico hit with 10-year restrictions over supplier practices
December 18, 2024 12:16 AM AEDT| By InvezzWalmart de Mexico, the country’s largest retail chain, faces a significant regulatory blow as Mexico’s Federal Competition Commission imposed a $4.6 million fine for monopolistic practices. The company will operate under stringent conditions for the...
Temu retains top spot on US iOS downloads amid rising scrutiny over Chinese apps
December 17, 2024 09:35 PM AEDT| By InvezzTemu, the Chinese e-commerce giant owned by PDD Holdings, has secured the top spot on Apple’s US iOS store for the most downloaded free apps for the second consecutive year. Its meteoric rise underscores the growing popularity of Chinese apps in the...
How China’s ‘erotic clothing’ hub is preparing for US de minimis rule changes
December 16, 2024 05:12 PM AEDT| By InvezzChina’s lingerie industry, which has thrived under favorable trade policies, faces an uncertain future as the United States considers tightening the “de minimis” rule, according to a Reuters report. This policy currently exempts foreign s...
MercadoLibre stock price has dropped: time to buy the MELI dip?
December 13, 2024 07:02 PM AEDT| By InvezzMercadoLibre stock price has suffered a harsh reversal in the past few weeks as it moved into a technical correction. MELI has fallen by over 13.5% from the year-to-date high of $2,158 as concerns about its credit business slowdown continued. So, is...
Citi forecasts robust sales for GTA VI: could it be a meaningful boost for GameStop?
December 12, 2024 02:16 AM AEDT| By InvezzCiti analyst Jason Bazinet forecasts strong sales for GTA VI upon its release in 2025. He even expects the blockbuster title that’s been under development for 10 years to drive Take-Two Interactive Inc (NASDAQ: TTWO) stock price to $225 next y...
Macy’s stock slides despite raised outlook: what are investors concerned about?
December 12, 2024 02:06 AM AEDT| By InvezzMacy’s Inc (NYSE: M) raised its sales guidance for the full year on Wednesday. Shares of the department store chain are still down about 10% in premarket. The retailer now expects its net sales to fall between $22.3 billion and $22.5 billion. Its pre...
Walgreens stock may be overreacting to Sycamore news: here’s why
December 11, 2024 11:45 PM AEDT| By InvezzInvestors are cheering the recent report that suggests Walgreens Boots Alliance Inc (NASDAQ: WBA) is considering selling itself to Sycamore Partners – a private equity firm based out of New York. But analysts at TD Cowen are not sure about the logic...
S&P 600 rally to cool but these six small-cap stocks could continue to grow
December 11, 2024 06:59 PM AEDT| By InvezzSmall-cap stocks have enjoyed a stellar 2024, with the S&P 600 index soaring more than 14% year-to-date, driven by optimism surrounding President-elect Donald Trump’s fiscal policies. This performance marked a significant milestone for the index,...
Macy’s faces yet another activist push
December 10, 2024 03:06 AM AEDT| By InvezzMacy’s Inc (NYSE: M) is pushing to the upside this morning after another activist investor revealed a stake in the embattled chain of department stores. Barington Capital has teamed up with a private equity company – Thor Equities to push for cost cu...
UK business confidence is lowest in nearly two years as budget changes weigh on key decisions
December 09, 2024 11:58 PM AEDT| By InvezzBritish businesses faced a sharp confidence slump in November, with sentiment reaching its lowest point since January 2023. This comes in the wake of Labour’s tax-heavy Autumn Budget, which has sparked significant concerns across industries. Ac...
Costco stock price forms risky patterns: is the bubble about to pop?
December 07, 2024 07:14 PM AEDT| By InvezzCostco stock price has been an excellent performer over the years, which has helped it become one of the biggest companies in the US. It has jumped by 620% in the past decade, bringing its market cap to $413 billion. COST shares will be in focus as i...
