Best Retail Stocks To Invest In 2015: LightInTheBox Holding Co Ltd (LITB)
Lightinthebox Holding Co., Ltd., incorporated on March 2008, is a global online retail company that delivers products directly to consumers globally. The Company offers a selection of lifestyle products through www.lightinthebox.com, www.miniinthebox.com and other Websites, which are available in 17 languages. It targets lifestyle product categories. It offers products in the three core categories of apparel, small accessories and gadgets and home and garden. As of December 31, 2012, the Company had more than 205,000 product listings. It primarily conducts its operations through its Hong Kong subsidiary, Light In The Box Limited and its Peoples Republic of China subsidiary, Lanting Jishi. In January 2014, the Company acquired Seattle-based social e-commerce company, Ador, Inc.
It operates its business from mainland China and Hong Kong but has delivered its products to consumers in over 200 countries and territories. During the year ended December 31, 2012, it derived 50.7% of its net revenues from Europe and North America, respectively. The Company offers customized products, such as wedding dress and evening dress, at scale for optimal marketing, merchandising and fulfillment. As of December 31, 2012, it offered its Website was available in English, French, Spanish, German, Italian, Portuguese, Russian, Dutch, Danish, Norwegian, Japanese, Swedish, Korean, Hebrew and Finnish.
The Company's product offerings include apparel, small accessories and gadgets, home and garden, electronics and communication devices, and others. Apparel includes customized, special occasion apparel, such as wedding dresses, bridesmaid dresses, groom wear, cocktail dresses, formal evening wear, graduation dresses and accessories. It also includes fast fashion, namely women's apparel that represents the latest fashion trends, under ! its Three Seasons / TS brand. Small accessories and gadgets category includes video game accessories, tablet co mputer and computer gadgets, electronics gadgets, electronic! s accessories such as electronic cables, headsets and chargers and home theater system accessories, car accessories, cell phone accessories, flashlights, lights, home and office gadgets, batteries, gifts and party supplies, toys and travel kits. Small accessories and gadgets are predominantly offered through its Website, www.miniinthebox.com.
Home and garden category includes faucets (including its own Sprinkle brand of faucets), lighting fixtures, paintings, portable home appliances, bathroom fixtures, door and window fixtures and certain types of furniture. Electronics and communication devices category includes tablet computers, car electronics, security systems, portable music and digital video disk (DVD) players, projectors, cell phones, short-wave radios, virtual display glasses and music player sunglasses. Other category includes beauty products, such as make-up supplies, wigs, footbaths, and ultrasonic cleaners. It also includes sports and outdoors produ cts.
Advisors' Opinion:- [By Rick Munarriz]
It was feast or famine for investors in Chinese Internet retailers this past week. Shares of online bookseller Dangdang (NYSE: DANG ) soared 37% after posting strong quarterly results, but LightInTheBox (NYSE: LITB ) went the other way after once again disappointing the market.
- [By Jim Jubak]
Paul Goodwin chose the Chinese company LightInTheBox Holdings (LITB) as his value play for this year. This company, based out of Bejing, actually sells most of its online merchandise to customers outside of mainland China.
source from Top Stocks For 2015:http://www.topstocksblog.com/best-retail-stocks-to-invest-in-2015-2.html
No comments:
Post a Comment