#6 - Naked Brands (NASDAQ:NAKD)
Naked Brands (NAKD) - Another retailer that is under the gun is Naked Brands (NASDAQ:NAKD). The Australian-based company is best known for its Frederick’s of Hollywood brand and supermodel Heidi Klum. However, the stock has dropped over 98% in just over 12 months. No matter how you do the math, it’s difficult to be excited about a stock that is not growing in an industry that is showing growth. Intimate apparel may not be the growth sector it used to be, but Allied Market Research says that the global market is expected to grow at a compound annual growth rate (CAGR) of 8.1% through 2024. And Statista projects the U.S. lingerie market to have an $11.36 billion value by 2025. That would be a 65% increase from its $6.87 billion value in 2018. All of which is to say, there’s money to be made, but Naked Brands does not appear to have a formula that is winning customers.
About Naked Brand Group
Cenntro Electric Group Ltd. is an EV technology company that designs and manufactures electric light and medium duty commercial vehicles. The company's ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications.
More- Current Price
- $0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
