Global Retail Net Cash Stocks With A Growth Track Record

Pop Mart International Group

Market Cap: HK$347.7b

An investment holding company, engages in the design, development, and sale of pop toys in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Ulta Beauty

Market Cap: US$23.1b

Operates as a specialty beauty retailer in the United States.

Williams-Sonoma

Market Cap: US$22.3b

Operates as an omni-channel specialty retailer of various products for home.

Five Below

Market Cap: US$7.6b

Operates as a specialty value retailer in the United States.

Vishal Mega Mart

Market Cap: ₹618.8b

Engages in the wholesale, trading, and retail of apparel, fast moving consumer goods, and general merchandise in India.

Urban Outfitters

Market Cap: US$7.0b

Offers lifestyle products and services.

Boot Barn Holdings

Market Cap: US$5.3b

Operates specialty retail stores in the United States and internationally.

Abercrombie & Fitch

Market Cap: US$4.4b

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

Metro Brands

Market Cap: ₹331.5b

Operates as a footwear specialty retailer in India.

momo.com

Market Cap: NT$70.9b

Engages in the TV and radio production, radio and TV program distribution, radio and TV commercial, video program distribution, issuing of magazine, and retailing businesses in Taiwan.

Clas Ohlson

Market Cap: SEK 20.5b

A retail company, sells building, electrical, multimedia, home, and leisure products in Sweden, Norway, Finland, and internationally.

Beijing Caishikou Department StoreLtd

Market Cap: CN¥11.8b

Beijing Caishikou Department Store Co.,Ltd.

Arhaus

Market Cap: US$1.3b

Operates as a lifestyle brand and premium retailer in the home furnishings market in the United States.

Nice One Beauty Digital Marketing

Market Cap: ر.س3.5b

Provides beauty and personal products through e-commerce platform in Saudi Arabia.

Zinzino

Market Cap: SEK 8.5b

A direct sales company, provides dietary supplements and skincare products in Sweden and internationally.

Pan German Universal Motors

Market Cap: NT$25.9b

Engages in the distribution, trading, repair, and maintenance of automobiles and components in Taiwan.

Central Automotive Products

Market Cap: JP¥106.8b

Engages in the development, import and export, and sale of automotive parts and related services.

Build-A-Bear Workshop

Market Cap: US$668.9m

Operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally.

Wilcon Depot

Market Cap: ₱37.7b

Wilcon Depot, Inc., doing business as WILCON DEPOT and WILCON HOME ESSENTIALS, operates as a home improvement and construction supplies retailer in the Philippines.

Inner Mongolia Xinhua Distribution GroupLtd

Market Cap: CN¥4.7b

Inner Mongolia Xinhua Distribution Group Co.,Ltd.

Go Fashion (India)

Market Cap: ₹44.9b

Engages in the design, development, sourcing, marketing, and retailing of women’s and girl’s bottom-wear products under the Go Colors brand in India.

Padini Holdings Berhad

Market Cap: RM 2.0b

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

Moshi Moshi Retail Corporation

Market Cap: ฿13.3b

Engages in the retail and wholesale of lifestyle products in Thailand.

Weyco Group

Market Cap: US$300.6m

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

Sirca Paints India

Market Cap: ₹22.9b

Engages in the import and distribution of wood, metal, and glass coatings in India.

YesAsia Holdings

Market Cap: HK$1.9b

An investment holding company, engages in trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.

Nelly Group

Market Cap: SEK 1.9b

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

Amway (Malaysia) Holdings Berhad

Market Cap: RM 810.4m

An investment holding company, distributes consumer products in Malaysia.

APB Apranga

Market Cap: €159.8m

Engages in the retail trade of apparel in the Baltic countries.

MEB Corporation

Market Cap: ฿5.6b

Engages in distribution and service of e-books in Thailand.

Ramayana Lestari Sentosa

Market Cap: Rp2.4t

Operates a chain of department stores in Indonesia.

PNGS Gargi Fashion Jewellery

Market Cap: ₹9.0b

Engages in the trading of fashion and costume jewelry, articles of silver, and other articles in India.

Duty Free International

Market Cap: S$93.5m

An investment holding company, operates as a duty-free retailer under the Zon brand in Malaysia.

Choo Chiang Holdings

Market Cap: S$91.4m

An investment holding company, operates as a retailer and distributor of electrical products and accessories in Singapore.

Egypt Free Shops

Market Cap: ج.م3.0b

Imports and sells foreign and domestic goods through duty free shops in Egypt.

AS Silvano Fashion Group

Market Cap: €46.6m

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