7 Comments

What was the role of https://ferlyliving.com/ in this? Seems like very overprice furniture store.

Expand full comment

There is also Korea based Zinus Inc (KRX: 013890) https://www.zinus.com/ - a global eCommerce mattress and furniture brand available in more than 15 countries that recently gave poor 2023 guidance. Most of their sales though are to the USA - meaning they are taking a hit as the USA is clearly in recession. They are trying to grow other markets. Not sure where they make the products - if in Korea, I would think their stuff would be of higher quality… I covered this stock behind the paywall of https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-april-11-2023 / https://www.zinus.com/

Expand full comment

Alibaba blocked me for sharing Tiananmen square photo

Expand full comment

Do you have any experience ordering hardware (faucets, shower heads, light fixtures, etc.) from China?

Expand full comment

I covered this stock behind the paywall of https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-april-11-2023 : Korea based Zinus Inc (KRX: 013890) https://www.zinus.com/ / is a global eCommerce mattress and furniture brand available in more than 15 countries that recently gave poor 2023 guidance. Most of their sales though are to the USA - meaning they are taking a hit as the USA is clearly in recession. They are trying to grow other markets.

Expand full comment