Global Retail Healthy potentially undervalued

C&A Modas

Market Cap: R$3.8b

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

Abercrombie & Fitch

Market Cap: US$4.6b

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

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Maisons du Monde

Market Cap: €61.9m

Through its subsidiaries, provides home and living room related products in France and internationally.

Grupo SBF

Market Cap: R$3.1b

Grupo SBF S.A. retails and wholesales sports and leisure products in Brazil.

Dunelm Group

Market Cap: UK£1.9b

Engages in the retail of homewares in the United Kingdom.

Vipshop Holdings

Market Cap: US$8.5b

Operates online platforms in the People's Republic of China.

PDD Holdings

Market Cap: US$145.0b

A multinational commerce group that owns and operates a portfolio of businesses.

Eternal Beauty Holdings

Market Cap: HK$2.8b

An investment holding company, engages in the retail, wholesale, and distribution of perfumes, skincare products, color cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau.

Premier Investments

Market Cap: AU$2.2b

Operates various specialty retail fashion chains in Australia, New Zealand, Asia, and Europe.

Genesco

Market Cap: US$308.9m

Operates as a retailer and wholesaler of footwear, apparel, and accessories.

Platform Group

Market Cap: €86.4m

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

Hla Group

Market Cap: CN¥30.5b

Manufactures and sells menswear, womenswear, kids, professional, and home furnishing products in China and internationally.

PT. Mitra Adiperkasa

Market Cap: Rp20.5t

Engages in the retail trade of clothing, accessories, bags, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally.

Adairs

Market Cap: AU$329.0m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Pou Sheng International (Holdings)

Market Cap: HK$2.4b

An investment holding company, engages in distributing and retailing sportswear and footwear in the People’s Republic of China and internationally.

LKQ

Market Cap: US$8.4b

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.

Grupo Casas Bahia

Market Cap: R$3.0b

Grupo Casas Bahia S.A., together with its subsidiaries, retails electronics, home appliances, and furniture in Brazil.

KMD Brands

Market Cap: NZ$181.5m

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

Bilia

Market Cap: SEK 11.9b

Operates as a full-service supplier for car ownership in Sweden, Norway, Luxemburg, and Belgium.

Inter Cars

Market Cap: zł8.6b

Engages in the import and distribution of spare parts for passenger cars and commercial vehicles in Poland, Romania, and internationally.

Zhongsheng Group Holdings

Market Cap: HK$28.6b

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

THG

Market Cap: UK£594.8m

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

J.Jill

Market Cap: US$248.6m

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

Baozun

Market Cap: US$152.8m

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

JD.com

Market Cap: US$39.1b

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

United Electronics

Market Cap: ر.س6.7b

Engages in the wholesale and retail trade of electric appliances, electronic gadgets, computers and their spare parts and accessories, furniture, and office equipment and tools in the Kingdom of Saudi Arabia and internationally.

Accent Group

Market Cap: AU$568.1m

Engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.

Hotel ShillaLtd

Market Cap: ₩1.9t

Operates as a hospitality company in South Korea and internationally.

Empresas Copec

Market Cap: CL$9.3t

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

Ultimate Products

Market Cap: UK£45.5m

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

eBay

Market Cap: US$41.8b

Operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.

GigaCloud Technology

Market Cap: US$1.6b

Provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally.

JB Hi-Fi

Market Cap: AU$9.1b

JB Hi-Fi Limited retails home consumer products.

Padini Holdings Berhad

Market Cap: RM 2.0b

An investment holding company, engages in the retail of garments and ancillary products.

CCC

Market Cap: zł9.3b

Engages in the retail sale of footwear and other products in Poland, Central and Eastern Europe, and Western Europe.