Lovisa Holdings Ltd
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$33.40 | Pnrsq | Hqcbffzkqm |
Lovisa's New US Warehouse to Support Strong Regional Growth
Business Strategy and Outlook
Lovisa retails fast-fashion jewelry with a target customer base of fashion-conscious 25- to 45-year-olds. Its supply chain is vertically integrated; Lovisa develops, sources and merchandizes its own products. In fast fashion, speed to market is of the essence. From design to hitting the stores, its takes Lovisa up to 10 weeks and on average, over 100 new product lines arrive in stores weekly. Inventories are monitored daily, and in-demand products can be resupplied within six weeks. From its regional warehouses, most products are distributed by airfreight to reach end markets quickly.