Global Retail Potentially Undervalued Companies

Watches of Switzerland Group

Market Cap: UK£835.8m

Operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States.

Topps Tiles

Market Cap: UK£71.4m

Engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom.

JD.com

Market Cap: HK$46.6b

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

Sally Beauty Holdings

Market Cap: US$1.4b

Operates as a specialty retailer and distributor of professional beauty supplies.

Sally Beauty Holdings

Market Cap: €1.4b

Operates as a specialty retailer and distributor of professional beauty supplies.

Answear.com

Market Cap: zł561.6m

Operates as an online multi-brand fashion retailer in Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Ukraine, Greece, Croatia, Cyprus, Slovenia, and Italy.

Vipshop Holdings

Market Cap: €8.7b

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

Wetteri Oyj

Market Cap: €32.3m

Operates a car dealership business in Finland.

ASOS

Market Cap: UK£339.5m

Operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally.

Designer Brands

Market Cap: US$214.8m

Engages in the design, production, and retailing of footwear and accessories in the United States and Canada.

Brilliant Earth Group

Market Cap: US$264.0m

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

Watches of Switzerland Group

Market Cap: US$835.8m

Operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States.

Warehouse Group

Market Cap: NZ$272.8m

Engages in the operation of retail stores in New Zealand.

LKQ

Market Cap: US$8.3b

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.

Asbury Automotive Group

Market Cap: €5.0b

Operates as an automotive retailer in the United States.

Vipshop Holdings

Market Cap: US$8.7b

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

JD.com

Market Cap: US$48.0b

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

IDOM

Market Cap: JP¥101.9b

IDOM Inc. purchases and sells used cars in Japan and internationally.

Alibaba Group Holding

Market Cap: CHF 174.5b

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

KMD Brands

Market Cap: US$185.0m

Designs, markets, wholesales, and retails apparel, footwear, and equipment for surfing and the outdoors under the Kathmandu, Rip Curl, and Oboz brands in New Zealand, Australia, North America, Europe, Southeast Asia, and Brazil.

CROOZ

Market Cap: US$7.6b

Engages in the e-commerce, media and advertising, and gaming businesses.

Celestial Asia Securities Holdings

Market Cap: €104.9m

An investment holding company, engages in the retail management business in Hong Kong and the People’s Republic of China.

Topsports International Holdings

Market Cap: Mex$16.4b

An investment holding company, engages in the trading of sportswear products in the People’s Republic of China.

Verkkokauppa.com Oyj

Market Cap: €75.4m

Operates as an online retailer in Finland.

Briscoe Group

Market Cap: AU$1.2b

Engages in retailing homeware and sporting products in New Zealand.

China Yongda Automobiles Services Holdings

Market Cap: US$2.6b

An investment holding company, operates as a passenger vehicle retailer and service provider for luxury and ultra-luxury brands in the People’s Republic of China.

Coaster International

Market Cap: NT$3.1b

Coaster International Co., Ltd. engages in the wholesale of furniture in the United States and internationally.

Wetteri Oyj

Market Cap: €33.8m

Operates a car dealership business in Finland.

Mercari

Market Cap: US$382.9b

Plans, develops, and operates Mercari marketplace applications in Japan and the United States.

Aspirasi Hidup Indonesia

Market Cap: US$7.4t

Engages in the retail of household appliances and lifestyle products in Indonesia.

Paltac

Market Cap: US$288.7b

Engages in the wholesale of cosmetics, daily necessities, and over-the-counter drugs in Japan.

ASOS

Market Cap: US$344.3m

Operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally.

Bedding World

Market Cap: NT$649.5m

Operates as mattresses, beddings, and furniture distributor under the World of Beds brand in Taiwan.

Credo Brands Marketing

Market Cap: ₹8.3b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.

Hascol Petroleum

Market Cap: PK₨10.6b

Engages in the procurement, storage, and marketing of petroleum, chemicals, LPG, and related products in Pakistan.

Amanaya Ventures

Market Cap: ₹57.0m

Operates as a bullion trader in India.