![]() NAKD stock has lost its shimmer from brief highs after joining the small but mighty group of "meme stocks" in late January 2021. And according to Allied Market Research, the global intimate wear market is forecast to reach over $325 billion by 2025. In fact, in June 2021, e-commerce was up 95% over June 2019. Naked professed that the acquisition partner will put the company in a position and in a sector which "has been forecast to have strong growth for many decades to come." NAKD Stock Forecast 2025Į-commerce businesses shouldn't fade into oblivion. Naked's announcement about a preliminary agreement with a merger or acquisition partner caused shares to rise, though it didn't name the company. Benefiting from the momentum earlier this year, a positive Naked stock forecast materialized - a 72% increase. The Reddit rally had a lot to do with NAKD's early success in 2021. Davis-Rice also announced the company's net cash position of $270 million after repayment of all previous bank debt. 20, Naked Brand Group's Executive Chairman, Justin Davis-Rice, put a positive spin on divesting from Bendon in April 2021 so the company could focus completely on a fully e-commerce marketplace. In fact, just this year, it was previously linked with brick-and-mortar New Zealand company Bendon Ltd. ![]() NAKD hasn't always been an e-commerce company, however. The company's website highlights its "strong balance sheet, ideally positioned at the forefront of consolidation within the industry." Its website also indicates that the company is looking for opportunities to acquire e-commerce-based operating businesses in intimates and swimwear. It designs, manufactures, and markets the Frederick's of Hollywood brand under an agreement by Authentic Brands Group. Naked Brand Group, based in Sydney, Australia, touts an intimate apparel and swimwear line. As stock forecasts go, it's an interesting one - hang on tight. Let's take a look at an overview of the Naked Brand Group, behind NAKD's success and the NAKD stock forecast for 2025. What gives? Was Naked an unfortunate recipient of the pandemic plunge, temporarily aided by the meme stock craze earlier this year? (NAKD skyrocketed 800% in February due to the "Wall Street Bets / Meme Stock" (WSB) excitement.) Or will it come rip roaring back, offering promise to investors in light of recent company changes?Īnd in the meantime, as it shapes up, could it remain a boon for active traders and provide several buy-the-dip opportunities? 4 to a previous high of $1,420 in January 2017, the stock has taken tumble after tumble to its most recent dip of $0.59 on Sept. (NASDAQ: NAKD) has had a bouncy few years. There's no overlooking the obvious: Naked Brand Group Ltd.
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