Global Retail Healthy potentially undervalued

LKQ

Market Cap: US$6.4b

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.

C&A Modas

Market Cap: R$2.4b

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

Betterware de MéxicoP.I. de

Market Cap: US$612.7m

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

Lojas Renner

Market Cap: R$10.6b

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

Grupo SBF

Market Cap: R$1.9b

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

JD.com

Market Cap: US$39.1b

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

Premier Investments

Market Cap: AU$1.9b

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

Inchcape

Market Cap: UK£2.8b

Operates as an automotive distributor.

MINISO Group Holding

Market Cap: US$3.5b

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.

Platform Group SE KGaA

Market Cap: €18.9m

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

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.

Mobile World Investment

Market Cap: ₫107.9t

Engages in trading, repair and maintenance services of mobile phones, information technology equipment, and related accessories in Vietnam.

Alibaba Group Holding

Market Cap: US$282.4b

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.

Synsam

Market Cap: SEK 7.9b

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

Abercrombie & Fitch

Market Cap: US$4.8b

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

THG

Market Cap: UK£521.6m

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

KMD Brands

Market Cap: NZ$120.2m

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

K Car

Market Cap: ₩378.8b

Operates as an automobile distribution company in South Korea.

Grupo Casas Bahia

Market Cap: R$287.7m

Operates as an omnichannel retailer in Brazil.

Uniao Pet Participacoes

Market Cap: R$2.7b

Engages in the retail sale of articles and food for pets and animals in Brazil.

Gap

Market Cap: US$7.4b

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

Urban Outfitters

Market Cap: US$6.7b

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

Bilia

Market Cap: SEK 13.1b

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

SILICON2

Market Cap: ₩2.8t

Engages in the distribution of cosmetics products worldwide.

Universal Store Holdings

Market Cap: AU$568.5m

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

Zhongsheng Group Holdings

Market Cap: HK$10.6b

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

Bermaz Auto Berhad

Market Cap: RM 1.1b

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

United Electronics

Market Cap: ر.س4.7b

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.

Baozun

Market Cap: US$164.5m

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

Europris

Market Cap: NOK 14.0b

Operates as a discount variety retailer in Norway.

Empresas Copec

Market Cap: CL$7.9t

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

Currys

Market Cap: UK£1.6b

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.

J.Jill

Market Cap: US$282.6m

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

ATRenew

Market Cap: US$1.0b

ATRenew Inc., together with its subsidiaries, sell pre-owned consumer electronics through its online platforms and other channels in the People’s Republic of China.

Dunelm Group

Market Cap: UK£1.8b

Engages in the retail of homewares in the United Kingdom.

Hotel ShillaLtd

Market Cap: ₩1.7t

Operates as a hospitality company in South Korea and internationally.