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Retail
Next joins £1 billion profit club as sales surge; NXT stock jumps 8%
March 27, 2025 07:31 PM AEDT| By InvezzNext has become one of the few British retailers to surpass £1 billion in annual profit, reporting a pre-tax figure of £1.011 billion for the year ending January. This marks a 10.1% increase from the previous year’s £918 million, placing the high str...
Carvana stock surges 6% after Morgan Stanley’s upgrade
March 26, 2025 12:58 AM AEDT| By InvezzCarvana (NYSE:CVNA) shares rose in early trading on Tuesday after Morgan Stanley upgraded the stock, citing an attractive entry point following a recent pullback. The used-car retailer’s stock climbed more than 6% to $227.02 in premarket hours after...
Nike earnings: Can NKE regain its dominance in 2025?
March 21, 2025 08:26 AM AEDT| By InvezzNike Inc (NYSE: NKE) is still grappling with a sales decline – but its latest earnings release signals the turnaround strategy of its new CEO Elliott Hill is starting to show some early signs of working out. While the athletic footwear retailer repor...
Carvana stock crashes 35%: is CVNA running out of steam?
March 21, 2025 03:31 AM AEDT| By InvezzInvestors should load up on Carvana Co (NYSE: CVNA) following a more than 35% decline in its stock price since mid-February, says Alexander Potter – a Piper Sandler analyst. Carvana shares have been hit hard in recent weeks amidst the broader market...
Why is Shopify moving its listing from NYSE to NASDAQ important for investors?
March 21, 2025 02:55 AM AEDT| By InvezzShopify Inc. has rallied to surpass the $100 mark again this week on the back of its plans to move its listing from the New York Stock Exchange to NASDAQ. While the announcement itself is not meaningful for the company’s operations per se, investors...
Gap and Ralph Lauren: 2 retail stocks to buy after February inflation data
March 20, 2025 08:35 PM AEDT| By InvezzRetail stocks are looking more attractive after a more subdued inflation data for February. Last week, the Bureau of Labour Statistics reported the consumer price index at 0.2% for the month and 2.8% for the year. Economists, in comparison, were at 0...
Shopify stock price giant megaphone points to a strong surge
March 20, 2025 07:15 PM AEDT| By InvezzThe Shopify stock price rose on Wednesday after the Canadian company filed to change its US listing from the New York Stock Exchange (NYSE) to the Nasdaq. It moved back above $100 even though the listing change will not have an impact on its business...
Signet stock price surges, but a risky pattern points to a crash
March 20, 2025 05:30 PM AEDT| By InvezzThe Signet Jewelers stock price jumped by over 17% on Wednesday after the company published better-than-expected results and unveiled a reorganization plan. SIG shares jumped to a high of $60.27, up by 32% from its lowest point this year. It remains...
Topshop teases a high-street comeback: can it thrive in today’s retail market?
March 20, 2025 01:15 AM AEDT| By InvezzTopshop, once the crown jewel of British high-street fashion, may be on the verge of a return to physical retail after being limited to online sales since 2021. The brand, which collapsed in 2020 and was later acquired by Asos, has dropped a series o...
2 reasons why the Costco stock price has collapsed this year
March 15, 2025 04:58 AM AEDT| By InvezzCostco stock price has dived in the past few days as concerns about the US recession and tariffs continued. COST has crashed in the past six consecutive days, moving to its lowest level since November 6 of last year. It has dropped by over 17% from i...
4 reasons Alibaba stock price is surging this year and what next
March 14, 2025 04:05 PM AEDT| By InvezzAlibaba stock price has bounced back this year, soaring to its highest level since November 2021. BABA rose to a high of $140 in New York, and is beating other technology companies like Amazon and Alphabet. It has jumped by over 110% from its lowest...
Brazil’s Azzas reports 35.8% drop in Q4 profit amid merger challenges
March 13, 2025 04:05 AM AEDT| By InvezzAzzas, one of the largest fashion groups in Brazil and Latin America, reported a net profit of R$168.9 million (approximately $28 million) for the fourth quarter of 2024, marking a 35.8% decline from the previous year. According to a report from loca...
Trump tariffs could help TJX grow its market share in the US
March 11, 2025 06:25 AM AEDT| By InvezzInvestors should consider owning TJX Companies Inc (NYSE: TJX) on the recent pullback as the discount retailer stands to benefit from Trump tariffs, according to analysts at UBS. The investment firm expects TJX to tap on its network of more than 21,0...
Consumer staples outperform in 2025, but here’s why investors may want to reconsider their bets now
March 10, 2025 04:22 AM AEDT| By InvezzConsumer staples stocks are defying broader market weakness, benefiting from economic uncertainty and trade concerns. The Vanguard Consumer Staples ETF, which includes household names like Coca-Cola, Procter & Gamble, and Walmart, has gained over...
Carvana stock price is crumbling: is it safe to buy the CVNA dip?
March 07, 2025 07:09 PM AEDT| By InvezzCarvana stock price has moved into a bear market after plunging by over 36% from its highest level this year. CVNA has fallen to its lowest level since January 26, giving it a market cap of $46 billion. So, is Carvana a good stock to buy now? Carvana...
Target braces for price increases as new Trump tariffs take hold
March 05, 2025 03:31 AM AEDT| By InvezzTarget Inc (NYSE: TGT) says its sales were down last month as consumers reacted to the new government’s plans of raising tariffs on China, Mexico, and even the European Union. The retail behemoth is fully committed to controlling prices in the wake o...
Kroger CEO Rodney McMullen resigns after board probe, Ronald Sargent named interim chief
March 04, 2025 12:50 AM AEDT| By InvezzKroger announced on Monday that CEO Rodney McMullen has stepped down following a board investigation into his personal conduct. The company said that his personal conduct, “while unrelated to the business, was inconsistent with Kroger’s P...
Lowe’s, Workday: two stocks poised to extend gains in coming weeks
February 28, 2025 02:40 AM AEDT| By InvezzShares of Workday and Lowe’s have gained in recent sessions on the back of their strong financial updates, but a market veteran sees significant further upside in both. Matt Maley – the chief market strategist at Miller Tabak shared his bullish view...
Shein reports two more child labor cases in supplier audits amid IPO plans
February 27, 2025 05:04 AM AEDT| By InvezzAs it prepares for a potential initial public offering (IPO) in London, fast-fashion retailer Shein is facing renewed scrutiny over its supply chain practices. The company disclosed to British lawmakers that it uncovered two cases of child labor at i...
From stealth to statement: has ‘quiet luxury’ been dethroned by bold expression?
February 26, 2025 03:28 AM AEDT| By InvezzFor years, “quiet luxury”—with its muted colours, understated elegance, and absence of overt logos—has reigned supreme as the ultimate status symbol. But a shift is underway. America’s billionaires and wealthy consumers are increasi...
