Lovisa (Jewellery retailer)
Lovisa owns the Lovisa retail chain, whose specialty is inexpensive jewellery. As at June 2020 there were 435 Lovisa stores around the world. In FY20 Lovisa’s revenue declined 3% to $242m and EBITDA fell 28% to $82m, but we see Lovisa growth shareholder value in the medium term through its unique brand offering, high gross margins, and rapid international expansion.