Global Retail Healthy potentially undervalued

LKQ

Market Cap: US$6.5b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Betterware de MéxicoP.I. de

Market Cap: US$683.1m

Operates as a direct-to-consumer selling company in the United States and Mexico.

C&A Modas

Market Cap: R$2.9b

Operates as a fashion retailer for women, men, and children in Brazil and internationally.

Lojas Renner

Market Cap: R$13.1b

Operates as a fashion and lifestyle company in Brazil, Argentina, and Uruguay.

Grupo SBF

Market Cap: R$2.1b

Engages in the sale of sporting goods and leisure products in Brazil.

PAL GROUP Holdings

Market Cap: JP¥245.9b

Engages in the planning, manufacture, wholesale, and retail of clothing products, including men’s and women’s clothing and accessories in Japan.

Academy Sports and Outdoors

Market Cap: US$3.0b

Through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States.

Platform Group SE KGaA

Market Cap: €17.0m

A software company, operates online platforms for B2B and B2C customers.

MINISO Group Holding

Market Cap: US$3.8b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Groupe Dynamite

Market Cap: CA$5.1b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada, the United Kingdom, and the United States.

Alibaba Group Holding

Market Cap: US$262.3b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally.

HORNBACH Holding KGaA

Market Cap: €1.3b

Through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries.

Synsam

Market Cap: SEK 7.7b

Operates in the optical retail and eye health sector in the Nordic Region.

Brilliant Earth Group

Market Cap: US$118.4m

Designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally.

Zhejiang China Commodities City Group

Market Cap: CN¥58.1b

Through its subsidiaries, develops, manages, and operates an online trading platform service in China.

Abercrombie & Fitch

Market Cap: US$4.2b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

THG

Market Cap: UK£503.3m

Operates as an online retailer in the United Kingdom, the United States, Europe, and internationally.

Gap

Market Cap: US$7.3b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

Urban Outfitters

Market Cap: US$6.2b

Offers lifestyle products and services in the United States and internationally.

Grupo Casas Bahia

Market Cap: R$686.6m

Operates as an omnichannel retailer in Brazil.

KMD Brands

Market Cap: NZ$122.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brand names.

Bermaz Auto Berhad

Market Cap: RM 1.2b

An investment holding company, distributes and retails of completely built-up Mazda, Kia, XPeng, and Deepal vehicles in Malaysia and the Philippines.

Universal Store Holdings

Market Cap: AU$573.1m

Engages in the retail operations in the fashion market in Australia.

Zhongsheng Group Holdings

Market Cap: HK$10.2b

An investment holding company, engages in the sale and service of motor vehicles in the People's Republic of China.

K Car

Market Cap: ₩368.1b

Operates as an automobile distribution company in South Korea.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Currys

Market Cap: UK£1.7b

Operates as a omnichannel retailer of technology products and services in the United Kingdom, Ireland, Norway, Sweden, Finland, Denmark, Iceland, Greenland, and the Faroe Islands.

Ultimate Products

Market Cap: UK£41.6m

Supplies branded household products in the United Kingdom, Rest of Europe, and internationally.

Empresas Copec

Market Cap: CL$8.1t

Operates in the natural resources and energy sectors in Chile and internationally.

Baozun

Market Cap: US$145.9m

Through its subsidiaries, engages in the provision of end-to-end e-commerce solutions in the People's Republic of China.

J.Jill

Market Cap: US$248.3m

Operates as an omnichannel retailer for women’s apparel in the United States.

Europris

Market Cap: NOK 13.6b

Operates as a discount variety retailer in Norway.

JD.com

Market Cap: US$40.0b

Operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.

Dunelm Group

Market Cap: UK£1.8b

Engages in the retail of homewares in the United Kingdom.

Fnac Darty

Market Cap: €1.0b

Engages in the retail of entertainment and leisure products, consumer electronics, and domestic appliances in France, Switzerland, Belgium, Luxembourg, and the Iberian Peninsula.

United Arrows

Market Cap: JP¥67.1b

Engages in the planning, buying, and sale of men’s and women’s apparel, accessories, and other products in Japan.