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Denis's avatar

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

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Emerging Market Skeptic's avatar

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/

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John la joe's avatar

Alibaba blocked me for sharing Tiananmen square photo

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Josh's avatar

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

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Emerging Market Skeptic's avatar

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.

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