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Tiffany & Co. (NYSE: TIF)

Tiffany & Co. is a US luxury jewelry retailer headquartered in New York and founded in 1837 by Charles Lewis Tiffany and John B. Young. The company generates 91% of its revenues from jewelry sales. E-commerce, catalog and phone orders represented 7% of total sales in FY15-18.

Kroger (NYSE: KR)

The Kroger Co. is the largest supermarket retailer in the US and the country’s second-biggest grocery retailer after Walmart Inc.

Nike, Inc. (NYSE: NKE)

Founded in 1964 and headquartered in Beaverton, Oregon, Nike is the world’s largest brand of athletic equipment and services. Nearly all apparel and footwear products are manufactured outside the US, but the US accounted for 43% of total revenue in fiscal 2018.

Under Armour, Inc. (NYSE: UAA)

Under Armour is a sportswear performance company that develops, markets and distributes branded performance apparel, footwear and accessories for men, women and youth. The performance apparel and footwear are specifically engineered to suit the needs of athletes. Apparel is the biggest revenue generator for the company, accounting for 66% of total sales in 2017, followed by footwear at 21%.

Adidas (DB: ADS)

Adidas AG is a designer and manufacturer of footwear, apparel and accessories, based in Herzogenaurach, Germany. It is the largest sportswear manufacturer in Europe and second-largest in the world (behind Nike).

Morrisons (LSE: MRW)

Wm Morrison Supermarkets PLC (Morrisons) is a UK-based grocery retailer that operates a supermarket chain and website under the Morrisons brand name.

Steven Madden, Ltd. (NasdaqGS: SHOO)

Steven Madden, Ltd. is a New York-based footwear, accessories and handbags company. Its brands include Steve Madden, Betsey Johnson, Brian Atwood, Big Buddha, Dolce Vita, and others. The company operates across five key segments: wholesale footwear, wholesale accessories, retail, first cost and licensing. The company sells through retail stores and its website, as well as wholesale through department stores, online, value-priced and specialty retailers. First Cost operates as a buying agent for footwear products under private labels for mass-market merchandisers, shoe chains and other mid-tier retailers.

Zalando (XTRA: ZAL)

Zalando SE is a Germany-based online fashion retailer that operates in 17 countries across Europe. The company offers clothing, footwear, accessories and beauty products with free delivery and returns.

Carrefour (ENXTPA: CA)

Carrefour is a French multinational retailer of groceries and general merchandise that operates a network of hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce websites.

Loblaw (TSX: L)

Loblaw Cos. Ltd. is a Canada-based retailer that operates under five divisions: Market, Drug, Discount, Financial and Joe Fresh. The Market division includes the grocery-focused store banners Loblaws, Provigo and Zehrs, and offers food, home and lifestyle products.

Ahold Delhaize (ENXTAM: AD)

Koninklijke Ahold Delhaize NV is a food and general-merchandise retailer based in Zaandam, Netherlands, that operates stores located primarily in the US and Europe. The company was formed from a July 2016 merger between Ahold and Delhaize Group. The company’s banners include Food Lion, Giant Martin’s, Giant Food, Hannaford, Peapod, Stop & Shop, Delhaize, Albert Heijn,, Etos, Alfa-Beta, ENA and Tempo.

Associated British Foods (LSE: ABF)

Associated British Foods (ABF) is a multinational food, ingredients and retail group. Primark, ABF’s retail segment, operates in the value fashion sector with stores located in the UK, Ireland, Spain, Portugal, Germany, the Netherlands, Belgium, Austria, France, Italy and the US.


H&M Hennes & Mauritz AB is a Swedish retailer that offers apparel, accessories, homewares and beauty products through physical and online stores located in 71 markets across the globe. It also operates cafes that sell healthy food. H&M owns nine banners: H&M, COS, Monki, Weekday, & Other Stories, Cheap Monday, H&M Home, Arket and Afound. As of November 30, 2018, H&M operated a total of 4,968 stores (of which 255 were franchises), including 468 in Germany, 578 in the U.S., 304 in the U.K., 237 in France and 530 in China.