Every great ‘80s coming-of-age movie includes a montage where our main character emerges from a dressing room in a new outfit, only to receive a thumbs down from their comedy counterpart, until – wait, that’s it. That’s the one.
Well, investors have found their perfect outfit, and boy do they wear the retail sector well.
In 2019, global retail sales topped $25 trillion for the first time, and of that, $319 billion was luxury goods. So clearly, understanding retail is key to unlocking some of the most lucrative returns the stock market has to offer. Just look at Amazon: the world’s most valuable retail stock has delivered 20
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