Holiday sales this year are expected to grow at least 7% compared with last year. A forecast by Mastercard SpendingPulse said holiday retail sales should rise 7.4% from a year earlier and climb 11.1% on a two-year basis, fueled by a rebound in in-store shopping and persistent consumer demand. The last two months of the year have historically proven to be the most beneficial for retailers. Luxury Retail Stocks have been comprehensively covered on PubCoInsight.
Popular online retailers in the market include Compagnie Financiere Richemont (NASDAQ:CFRHF) ,LVMH Moet Hennessy Louis Vuitton (OTC:LVMHF), PVH Corporation (NYSE:PVH).
On Oct. 27, 2021SFLMaven Corp (OTC PINK:SFLM announced an operational and performance update ahead of the Company’s seasonally strongest period of the year. The company generated Gross revenues of $7.76 million, up 33.9% from last year. Their Net Sales also went up to 33.2%, amounting to $6.97 million . Since they do not manufacture, they are not in any way subjected to the global supply chain crisis plaguing so many retailers this year.
$SFLM $CFRHF $LVMHF $PVH$
SFLM – SFLMaven, Inc
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