Business
Here’s why this fundie thinks Lovisa (ASX:LOV) share price will rise
Australian fashion jewellery company Lovisa Holdings Ltd (ASX: LOV) could be the next H&M or Zara, according to L1 Capital co-founder and chief investment officer, Mark Landau.
The fund manager believes Lovisa’s recent acquisition of Beeline in Europe will generate a strong return on investment for the company over the next 1 to 2 years.
The Lovisa share price is currently trading 4.73% higher at $11.29, amid a broader rise in retail shares on the ASX today.
One of the “most exciting” Australian retail shares
Describing Lovisa as “one of the most exciting retail stocks in Australia”, Landau says the Beeline acquisition will become the foundation of its future growth.
“Lovisa has established itself as a truly global,…
-
Noosa News19 hours agoAre speeding fines suitability issues? – Proctor
-
Noosa News21 hours agoElderly man, 88, charged with attempted murder of woman west of Brisbane
-
Noosa News21 hours agoFrom Cosy Hotel Stays To New Exhibitions: How To Master a Sydney Winter Escape
-
Noosa News24 hours agoDocPlay Is Streaming 11 Documentaries About Indigenous and Torres Strait Islander Culture for Free for NAIDOC Week 2025