Hot Income Stocks To Buy For 2016: Vipshop Holdings Ltd (VIPS)
Vipshop Holdings Limited (Vipshop Holdings), incorporated on August 27, 2010, is a holding company. Vipshop Holdings conducts its business through its subsidiaries and consolidated affiliated entity in the People's Republic of China. The Company is engaged in the online discount retailer for various brands. It offers branded products to consumers in China through flash sales on its vipshop.com Website. As of February 17, 2012, it had the rights to sell selective products from over 360 brands. As of December 31, 2011, it had offered diversified product offerings from over 1,900 popular domestic and international brands on its Website, including Aimer, A-life, Bossini, Disney, FOX, Harry Potter, Kappa, KUHLE, Lily, Limi, Mentholatum, Metersbonwe, MEXICAN, Ochirly and Pepsi. As of December 31, 2011, it owned seven registered trademarks, copyrights to six software programs developed by the Company, and four registered domain names, such as vipshop.com, vipshop.com.cn, vipshop. cn and vipshop.net.
In February 2014, the Company announced that it has acquired a 75 % interest in Lefeng.com Limited from Ovation Entertainment Limited.
The Companys business model provides an online shopping for its customers. It offers new sales events with a selection of popular branded products at discounted prices in limited quantities during limited time periods. As of February 17, 2012, its total number of customers were 0.9 million, representing 60.6% of the total number of its customers. The Company offers a curated selection of apparel, fashion goods, cosmetics, home goods and lifestyle products from popular domestic and international brands. Its Product Category include womenswear, menswear, footwear, accessories, handbags, children, sportswear and sporting goods, cosmetics, home goods and other, lifestyle products, luxury goods and gifts and miscellaneous.
The Company competes with B2C e-commerce, Taobao Mall, 360! Buy and Dang dang.
Advisors' Opinion:- [By Rick Munarriz]
Shares of Vipshop (NYSE: VIPS ) tumbled 13% on Tuesday. It wasn't necessarily the legislative concerns that knocked the online clothing discounter down. There was a Deutsche Bank downgrade on Monday, and Vipshop also responded to a bearish attack that had used data for traffic tracker Alexa.com to suggest bogus financials.
- [By Belinda Cao]
Web clothing retailer Vipshop Holdings Ltd. (VIPS) surged 27 percent to $60 last week, rallying the most since the week ended Feb. 8. E-Commerce China Dangdang Inc. jumped 11 percent in the steepest climb in six weeks to $9.84.
- [By Holly LaFon]
For the 12-month period ending June 30, 2014 the Russell 3000庐 Index rose 25.22%. The Davis Opportunity Fund significantly outperformed the Index over this shorter time period as well.1 On a sector basis, consumer discretionary and information technology were the leading contributors to performance. Individual contributors for this period included Google(GOOG), (GOOGL), (a global leader in online search), Wells Fargo (WFC), (a U.S.-based financial services firm), Schlumberger (SLB), (a leading global energy services company), UnitedHealth Group (UNH), (the largest health care insurance business in the United States), Vipshop Holdings (VIPS), (a Chinese online retailer), and Textron (TXT), (a U.S.-based industrial conglomerate).2 Detractors included Experian PLC (EXPN), (a leading global consumer credit bureau), Angies List (a U.S.-based online small business ratings service), and Amazon.com (AMZN), (a U.S.-based global e-commerce business).
- [By Jake L'Ecuyer]
Equities Trading UP
Vipshop Holdings (NYSE: VIPS) shot up 31.11 percent to $167.51 after the company reported better-than-expected fourth-quarter results and issued a strong revenue forecast for the first quarter.
source from Top Stoc! ks To Buy! For 2015:http://www.topstocksforum.com/hot-income-stocks-to-buy-for-2016.html
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