Global Retail Strong Balance Sheet Stocks

Artini Holdings

Market Cap: HK$503.1m

An investment holding company, sells fashion accessories products in Hong Kong, Macao, and the People Republic of China.

Maharashtra

Market Cap: ₹285.6m

Engages in investing, trading, and distributing textile products, commodities, and goods in India.

I.A Group

Market Cap: JP¥4.8b

Engages in the car parts business in Japan.

Adore Beauty Group

Market Cap: AU$68.6m

Operates an integrated content, marketing, and e-commerce retail platform in Australia and New Zealand.

RACCOON HOLDINGS

Market Cap: JP¥16.5b

RACCOON HOLDINGS, Inc. creates and provides infrastructure BtoB transactions in Japan.

Italtile

Market Cap: R12.6b

Manufactures, retails, and franchises tiles, bathroom ware, and related home-finishing products in South Africa, rest of Africa, and Australia.

Dogus Otomotiv Servis ve Ticaret

Market Cap: ₺47.1b

Operates as an automotive importer and distributor in Turkey.

Kim Hin Joo (Malaysia) Berhad

Market Cap: RM 53.2m

Engages in the retail of baby, children, and maternity products primarily in Malaysia.

Nictus

Market Cap: R104.2m

An investment holding company, operates as a retailer of household furniture, electrical appliances, and home electronics under the Nictus brand in South Africa.

Komplett

Market Cap: NOK 2.0b

Operates as an online retailer of electronics products in Norway, Sweden, and Denmark.

Heads UP Ventures

Market Cap: ₹235.4m

Operates fashion apparels and accessories business in India and internationally.

AS Silvano Fashion Group

Market Cap: €52.9m

Through its subsidiaries, engages in the design, manufacturing, and distribution of women’s lingerie.

Central Automotive Products

Market Cap: JP¥95.9b

Engages in the import, export, and wholesale of automotive parts and accessories.

Sa Sa International Holdings

Market Cap: HK$1.9b

An investment holding company, engages in the retail and wholesale of cosmetic products in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally.

Pepkor Holdings

Market Cap: R101.3b

Operates as a retailer focusing on discount, value, and specialized goods in Angola, Botswana, Brazil, Eswatini, Lesotho, Mozambique, Malawi, Namibia, South Africa, and Zambia.

Honeys Holdings

Market Cap: JP¥44.7b

Engages in the planning, manufacture, and wholesale of women’s clothing and accessories.

Hla Group

Market Cap: CN¥38.7b

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

Marco Holdings Berhad

Market Cap: RM 142.3m

An investment holding company, engages in wholesale and distribution of timepieces, consumer technology, electronic products, and electronic musical instruments in Malaysia.

Topsports International Holdings

Market Cap: HK$20.2b

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

USS

Market Cap: JP¥687.7b

Operates and manages used vehicle auction sites in Japan.

SHIMAMURA

Market Cap: JP¥698.3b

Engages in the sale of clothing and fashion related products in Japan and Taiwan.

S P V I

Market Cap: ฿832.0m

Engages in the distribution of computers, mobile phones, and related accessories and services in Thailand.

Hunter Capital

Market Cap: SEK 45.2m

Invests in technology and life science companies.

Joshin Denki

Market Cap: JP¥58.8b

Operates electrical appliance retail and ancillary business in Japan.

Ku HoldingsLtd

Market Cap: JP¥35.1b

Engages in the import and sale of new and used cars in Japan.

Nelly Group

Market Cap: SEK 1.2b

Operates as a fashion company in Sweden, the rest of the Nordics, and internationally.

HORNBACH Holding KGaA

Market Cap: €1.7b

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

Vente-Unique.com

Market Cap: €106.8m

Engages in the sale of furniture and home equipment in France and internationally.

RugVista Group

Market Cap: SEK 1.2b

Operates direct-to-consumer online platforms for carpet and rug sales in Sweden and internationally.

Centrale d'Achat Française pour l'Outre-Mer Société Anonyme

Market Cap: €71.4m

Provides home furnishing products in South-East Asia, South America, Europe, and Middle East.

Senao InternationalLtd

Market Cap: NT$8.4b

Sells and distributes mobile phones and peripheral accessories products in China.

NAPS Global India

Market Cap: ₹212.7m

Engages in the wholesale sale of fabrics and garments products in India.

Weyco Group

Market Cap: US$315.1m

Designs, markets, and distributes footwear for men, women, and children in the United States, Canada, Australia, Asia, and South Africa.

Kits Eyecare

Market Cap: CA$385.4m

Operates a digital eyecare platform in the United States and Canada.

Nanavati Ventures

Market Cap: ₹477.0m

Engages in the diamonds trading business in India.

About You Holding

Market Cap: €1.2b

A fashion and technology company, operates fashion e-commerce platforms in Europe.