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Retail
Lululemon stock is unlikely to find its mojo again in 2025
December 07, 2024 02:58 AM AEDT| By InvezzLululemon Athletica Inc (NASDAQ: LULU) is not very likely to command a higher multiple until it manages to lift its US sales, as per Anna Andreeva of Piper Sandler. The athletic apparel retailer topped estimates but its domestic business remained a l...
Europe markets: Aviva’s bid boosts Direct Line, while FTSE 100 and DAX slip
December 06, 2024 08:17 PM AEDT| By InvezzEuropean markets opened on a mixed note on Friday as investors digested a blend of corporate news and economic data. London’s FTSE 100 slipped by 0.13%, losing over 11 points to 8,338, while Germany’s DAX mirrored the trend, shedding 0.13...
Foot Locker stock drops 20% on Nike concerns
December 05, 2024 02:11 AM AEDT| By InvezzFoot Locker Inc (NYSE: FL) cited “softness” at Nike as it reported disappointing results for its third financial quarter on Wednesday. Nike is currently the retailer’s largest brand partner, representing about 60% of its sales. Weakness at Nike, ther...
Here are the European stocks that could thrive amid Trump’s tariff impact
December 03, 2024 11:53 PM AEDT| By InvezzAs Donald Trump gears up for another term in the White House, his proposed tariffs on imports from China, Mexico, and Canada are set to reshape global trade dynamics. While Europe may face its own set of US tariffs, the region’s greater concern lies...
Gap Inc stock rises 7% on JPMorgan upgrade: CEO Dickson’s strategy pays off
December 03, 2024 06:24 AM AEDT| By InvezzGap Inc.’s stock climbed by more than 7% on Monday after JPMorgan Chase analyst Matthew R. Boss upgraded the retailer’s shares from “neutral” to “overweight.” Boss also increased the price target for Gap’s stock from $28 to $30, citing successful bra...
Gen Z debt crisis worsens as buy now, pay later services soar
November 30, 2024 09:29 PM AEDT| By InvezzThe “buy now, pay later” (BNPL) trend is poised to dominate the holiday shopping season, with spending predicted to rise by 11.4% compared to last year. According to Adobe Analytics, consumers will use BNPL services to purchase $18.5 bill...
Counterfeit concerns cloud Shein and Temu’s rapid growth in the toy market
November 30, 2024 07:11 AM AEDT| By InvezzThe global toy market, a $108.7 billion industry in 2023 (Circana), is witnessing a significant shift. Fast-growing e-commerce platforms Shein and Temu, known for their ultra-low prices and vast selection of primarily unbranded goods, are aggressivel...
Black Friday: can impulse buys rescue retailers in a shortened holiday season?
November 30, 2024 05:49 AM AEDT| By InvezzBlack Friday, the traditional kickoff to the Christmas shopping season, arrived with a twist this year: a significantly shortened timeframe. With only 26 days between Thanksgiving and Christmas, compared to 31 days in 2022, retailers faced a compress...
Earnings show the holiday season has not lifted sales of all retailers. Read why
November 30, 2024 03:20 AM AEDT| By InvezzThe holiday shopping season is in full swing, offering retailers a prime opportunity to capture consumer dollars. However, the season’s buoyancy isn’t lifting all boats. Recent earnings reports reveal a widening gap between retail winners like Walmar...
Missed the Carvana stock? Buy these shares to 100x your money
November 29, 2024 07:12 PM AEDT| By InvezzCarvana stock price has had a phoenix-like rebirth in the past two years. After crashing to $3.3 in December 2022, it has jumped by over 10,000%, making it one of the best-performing companies in Wall Street. Carvana shares have jumped as the company...
Black Friday sale season becomes a hot target for scammers. Read how
November 29, 2024 12:32 AM AEDT| By InvezzBlack Friday, one of the most eagerly anticipated shopping events of the year, has increasingly become a prime target for scammers. With the proliferation of discounts and deals, especially during the crucial “golden quarter” of retail sa...
LVMH share price analysis: 2 rare patterns point to more downtrend
November 28, 2024 03:12 PM AEDT| By InvezzThe LVMH share price has been in a strong bearish trend in the past few months as concerns about growth continued. It plunged to a low of €564.8, its lowest level since July 2022. It has dropped by over 33% from its highest level this year, moving in...
As the Kering share price implodes, has it become a bargain?
November 28, 2024 01:02 PM AEDT| By InvezzThe Kering share price continued its strong downtrend this week as concerns about the luxury goods giant continued. KER, the parent company of Kering, Saint Laurent, and Bottega Veneta, slumped to €220, down by over 70% from its highest level in 2021...
Walmart stock price is firing on all cylinders: could it hit $1 trillion?
November 27, 2024 05:40 PM AEDT| By InvezzWalmart (WMT) stock price is doing well this year, and is one of the best-performing companies in the United States. It has jumped by 73% this year, bringing its market cap to over $733 billion, making it substantially bigger than companies like Cost...
Walmart amends DEI policy: why it matters, and why are companies becoming less ‘woke’?
November 27, 2024 12:57 AM AEDT| By InvezzWalmart, the world’s largest retailer, announced significant changes to its diversity, equity, and inclusion (DEI) initiatives, reflecting a growing trend among corporations to retreat from such programs under conservative scrutiny. The Bentonville,...
Estee Lauder stock price may recover in 2025: here’s why
November 26, 2024 07:49 PM AEDT| By InvezzEstee Lauder stock price has been in a strong freefall, turning one of the most iconic companies in the United States into a fallen angel. It has plunged by almost 80% from its all-time high of $358 to the current $72.9, while its market cap has move...
Why Macy’s delayed its Q3 earnings release
November 26, 2024 12:53 AM AEDT| By InvezzMacy’s Inc (NYSE: M) no longer expects to report its third-quarter financial results on November 26th. The department-store chain cited “erroneous accounting accrual entries” as it delayed the earnings release on Monday. Macy’s did, however, report i...
Why are Amazon workers in 20 countries planning Black Friday protests?
November 25, 2024 11:15 PM AEDT| By InvezzThousands of Amazon workers across more than 20 countries are set to protest and strike on Black Friday, demanding improved workers’ rights and stronger climate action from the US retail giant. Workers and union representatives plan to protest the e-...
Starbucks considers stake sale in China: What it means for SBUX stock
November 22, 2024 10:08 PM AEDT| By InvezzStarbucks’ (SBUX) stock rose by 1.8% on Thursday, following reports that the coffee giant is exploring the sale of a stake in its Chinese operations. This potential move, aimed at fostering growth in the world’s largest coffee market outside th...
Gap stock soars 15% on strong holiday sales, raised forecast
November 22, 2024 08:38 PM AEDT| By InvezzGap Inc. (GAP.N) is experiencing a resurgence, fueled by robust holiday demand and a successful turnaround strategy. The company raised its annual sales forecast on Thursday, sending shares soaring 15% in extended trading. This positive momentum mark...
