Retail

Williams-Sonoma stock analysis: sky is the limit for WSM?
November 21, 2024 07:51 PM AEDT| By InvezzWilliams-Sonoma (WSM) stock price is on track to have its best week on record after the American retailer published strong financial results and boosted its returns to shareholders. WSM shares have soared by over 32% this year and are hovering...

Why is Target losing to Walmart, and will it ever catch up?
November 21, 2024 06:32 AM AEDT| By InvezzTarget Corp. (NYSE: TGT) is likely to face significant challenges in regaining the market share it has lost in recent quarters, according to retail industry veteran Jan Kniffen. Despite lowering prices and launching an early holiday sale last month t...

Is it too late to invest in Walmart stock as it hits a record high? here’s what experts are saying
November 20, 2024 03:28 AM AEDT| By InvezzWalmart Inc (NYSE: WMT) rallied into record territory this morning after reporting a strong third quarter as US customers remain resilient heading into the holiday season. Still, Scott Mushkin of R5 Capital continues to see further upside in WMT as i...

The end of luxury? Why 50 million shoppers are saying no to high-end brands
November 19, 2024 03:29 AM AEDT| By InvezzThe golden age of luxury appears to be waning. For the first time since the 2009 Great Recession, the personal luxury goods market is experiencing a significant slowdown. According to Bain & Company’s annual luxury report, a staggering 50 m...

The many flavors of Ben & Jerry’s corporate activism
November 16, 2024 09:43 PM AEDT| By InvezzBen & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship and threats. The lawsuit claims Unilever attempted to dism...

Is China’s stimulus package finally working? Retail sales and industrial output grow
November 15, 2024 05:57 PM AEDT| By InvezzChina’s economy displayed promising signs of recovery in October, supported by an uptick in retail sales and industrial output. These improvements reflect the impact of recent government stimulus measures aimed at revitalizing growth in key sectors....

Bank of America sets $230 price target for Amazon stock after Haul platform launch
November 15, 2024 07:00 AM AEDT| By InvezzBank of America analyst Justin Post is bullish on Amazon.com Inc (NASDAQ: AMZN), recommending that investors load up on the stock following the launch of Amazon’s new Haul platform. Haul is an online marketplace designed to compete with fast-fa...

What’s next for Capri Holdings after ending Tapestry merger deal?
November 15, 2024 01:24 AM AEDT| By InvezzCapri Holdings Ltd (NYSE: CPRI) has mutually agreed with Tapestry Inc (NYSE: TPR) to terminate the planned merger that would have combined six luxury brands into one fashion giant. The news arrives only weeks after a federal judge ruled in favour of...

Manolo Blahnik’s China arrival: a 22-year journey culminates in Shanghai boutique
November 08, 2024 10:37 PM AEDT| By InvezzAfter a protracted 22-year legal battle to secure its trademark in mainland China, luxury shoemaker Manolo Blahnik has finally made its grand entrance. The iconic brand, famed for its celebrity clientele and prominent appearances in the hit televisio...

Coupang stock forms a risky pattern, pointing to a post-earnings dive
November 04, 2024 05:47 PM AEDT| By InvezzCoupang (CPNG) stock price has done well this year, rising by 56% since January, beating popular indices like the Nasdaq 100, S&P 500, and the Dow Jones. It has also outperformed other popular technology companies like Amazon and MercadoLibre. Co...

Abercrombie & Fitch stock sits at a key support: wait before buying
November 02, 2024 06:09 PM AEDT| By InvezzAbercrombie & Fitch (ANF) stock suffered a harsh reversal this year, erasing some of the gains made last year, when it was one of the best-performing companies in Wall Street. It has retreated to $130, its lowest point since Oct. 3, and 33% below...

Carvana stock: it’s time you moved to the sidelines
November 01, 2024 04:29 AM AEDT| By InvezzCarvana Co (NYSE: CVNA) has had a stunning journey from near bankruptcy all the way up to expectations of more than $1.2 billion in adjusted EBITDA this year. Shares of the online used car retailer are up another 20% this morning after coming in hand...

Capri Holdings stock price is heading towards a 75% crash
October 31, 2024 09:13 PM AEDT| By InvezzCapri Holdings (CPRI) stock price has suffered a harsh reversal and is on track for the third consecutive week of decline after its acquisition bid failed. It dropped to a low of $19.45, its lowest level since October 2020, and 73% below its highest...

EU launches investigation into Temu over illegal product sales
October 31, 2024 03:08 AM AEDT| By InvezzThe European Union (EU) has launched an official investigation into Temu, the e-commerce platform run by Chinese-owned PDD Holdings Inc., over allegations that it has failed to prevent the sale of illegal products. The probe could result in significa...

Is the Haleon share price in trouble ahead of earnings?
October 30, 2024 07:02 PM AEDT| By InvezzHaleon (HLN) share price has retreated in the past few weeks, erasing some of the gains made earlier this year. Its London stock dropped to 375p, its lowest point since August 29, while its American ADR fell to $9.90, down by 7% from its highest leve...

Lululemon stock: valuation reset done, 20% gains possible
October 26, 2024 11:45 PM AEDT| By InvezzLululemon (LULU) stock price has crawled back in the past few weeks as some investors buy the dip. After bottoming at $225 on August 5, the stock has jumped by over 30% to $304. It remains about 40% below its highest level this year. Lululemon is a b...

Peloton stock mixed after Costco deal, here’s what the market is overlooking
October 23, 2024 06:49 AM AEDT| By InvezzPeloton stock has received a mixed reaction from investors after announced a deal with Costco.

Can NHL deal save Lululemon’s beleaguered stock?
October 23, 2024 05:27 AM AEDT| By InvezzLululemon Athletica Inc (NASDAQ: LULU) has teamed up with Fanatics on a new lineup of NHL apparel. Shares of the athletic apparel retailer are up 2.0% on Tuesday. The new line of merchandise that includes pants, hoodies, shirts, crews, and belt bags...

LVMH shares fall as Chinese consumer confidence weakens
October 16, 2024 09:31 PM AEDT| By InvezzLVMH Moët Hennessy Louis Vuitton SE, the global luxury giant, saw its shares plunge after reporting a drop in sales of fashion and leather goods. This marked the first decline since the pandemic, underscoring the severity of slowing demand from Chine...

Alibaba stock forecast: is BABA a good buy now?
October 15, 2024 09:44 PM AEDT| By InvezzAlibaba Group (BABA) stock price has done well, helped by the recent easing of regulations and the recently announced stimulus package by the government and the central bank. It rose to a high of $117.7 on September 26, up by over 65% from its lowest...