This Could Be Your Biggest Trade For 2023?

This under-the-radar company is one of the top growth stocks to be watching in 2023.

Now may be a critical time to have your eyes on this emerging NASDAQ company, a multifaceted brand owner with established brands in the health, wellness, pet, beauty, and other growing markets. It announced recently that its children's toy brand will expand its retail presence nationally through 2,000 Walmart stores, a major milestone for the brand and may prove to be the best year in its history.

It doesn't stop there; this company has been on a rampage announcing big developments left and right including several high-value acquisitions. A most recent acquisition is expected to help the company generate $100 million in sales for 2023! The company also announced its financial results for the fiscal 2023 first quarter, revealing that revenue increased 199% YOY. The second quarter was a record quarter!

See why this under-the-radar NASDAQ company is proving to be a long-term winner.

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Special Report: Luxury’s Opportunity in Home and Hospitality

Nike Releases Its First Digital Goods Collection; How to Choose the Right Beauty Retailer

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, APRIL 18, 2023 Dear BoF Community, This week, more than 400,000 people are descending on the city of Milan for Salone del Mobile, which has expanded far beyond the confines of an annual furniture trade fair to become Milan Design Week, the most important global gathering for the sprawling $4.3 trillion lifestyle sector that spans from home design to hotels to dining. Now, more and more fashion and beauty brands are looking to get in on the action. According to our latest report from BoF Insights, 'The Lifestyle Era: Luxury's Opportunity in Home and Hospitality,' which is being released today in Milan: Affluent shoppers are spending more on home design than before the pandemic, as per a proprietary BoF Insights survey of high-net-worth individuals in the US, UK and France, which finds that home design's "wallet share" for affluent shoppers has increased by 12 percentage points. Dior, Chanel and Gucci are the brands that affluent shoppers would be most interested in buying a branded home design product from. But shoppers also cite brands like Zara, underscoring how expanding into lifestyle categories can be a means for mass brands to up-level their market positioning. Nearly one-third of respondents see branded hospitality experiences, from dining to hotels, as a driver for purchasing from the brand overall. For access to all of the data and insights — including market sizing and growth figures, proprietary consumer insights, and the synthesis of almost 30 executive interviews — download the complete 90-page report. Imran Amed, Founder and CEO Plus, also in today's BoF Daily Digest newsletter: Beauty brands today have their pick of wholesale partners, but success at retail depends on more than sitting on a shelf. Nike is launching a collection of digital goods aimed at customers who may not know – or care – about crypto or NFTs. HommeGirls, Thakoon Panichgul's publication focussed on women wearing menswear, is looking to luxury advertisers and new cover star Kylie Jenner to drive growth. THG, formerly The Hut Group, confirmed it received an acquisition proposal from Apollo Global Management Inc.

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LUXURY The Lifestyle Era: Luxury's Opportunity in Home and Hospitality By Rawan Maki and Benjamin Schneider From home design to hotels, the $4.3 trillion lifestyle sector is set for growth as customers prioritise experience and place greater value on the spaces where they live, work and socialise, according to BoF Insights' new report. READ MORE

BEAUTY How Beauty Brands Can Pick the Right Retail Partner By Diana Pearl

With a growing number of retailers looking to stock cosmetics, skin care and more on their shelves, brands have to think harder about which fulfils their needs. READ MORE

TECHNOLOGY Nike Has a Plan to Take Digital Goods Mainstream. Just Don't Call Them NFTs. By Marc Bain

The sneaker giant is launching its first big collection of digital goods under its own name after signing up more than 330,000 members to its new web3 platform, .Swoosh. READ MORE

MEDIA With a Kylie Jenner Cover, HommeGirls Starts Its Next Chapter By Joan Kennedy The independent magazine and brand, initially launched by Thakoon Panichgul as a passion project after a pause on his Silas Chou-backed label, is aiming to broaden its audience and stake out growth. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Luxury E-Tailer Mytheresa Bets on Post-Covid China Expansion David's Bridal Files for Bankruptcy, May Close All Stores LVMH Raises €1 Billion in Oversubscribed Bond Sale THG Shares Soar After Retailer Confirms Apollo Takeover Bid PrettyLittleThing Founder Umar Kamani Steps Down as CEO

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com

Hi Edward, Here are the most important news that you need to know.       Meco chief: OFWs safe amid China-Taiwan row Overseas Filipino workers (OFWs) in Taiwan and their families need not be alarmed by Chinese Ambassador Huang Xilian’s remarks regarding their welfare as a result of the expansion of the Enhanced Defense Cooperation Agreement (Edca) with the United States, Manila Economic and Cultural Office (Meco) chair Silvestre Bello III said on Monday.   COVID cases up by 23%, says DOH The Department of Health (DOH) reported on Monday that the country’s daily average number of COVID-19 cases rose to 341 last week, a 23-percent increase compared to 278 cases from the week before.   Inquirer Plus offers FREE 30 day trial FINAL TOUCHES A statue of Brig. Gen. Rafael Crame, the Philippine Constabulary chief from 1917 to 1927, is given final touches on Monday. This is part of a new display at Heritage Park inside Camp Crame, the national police headquarters in Quezon City named after the general. —LYN RILLON   RATE NOW   7 wounded in Sultan Kudarat bus blast The Sultan Kudarat provincial police are on full alert after an improvised bomb exploded inside a bus in the capital town of Isulan and wounded at least seven passengers on Monday.   LEARN MORE   OPINION: Complicit silence on PNP cover-up Both the PDEA and the PNP must exhaust all efforts to restore integrity and professionalism in their ranks, especially in units conducting illegal drug operations, which can be temptingly lucrative.     Hi Edward, We'd like to know what you think of this newsletter. Send us your feedback by leaving a message in our suggestion box. SAY HI     © 2023 PHILIPPINE DAILY INQUIRER, All rights reserved. You are receiving this email because you are subscribed to Inquirer Newsletters. Flat icon Unsubscribe