Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

These 3 Retail Stocks Can Keep Winning in 2025

Stuttgart, Germany - 07-24-2023: Person holding cellphone with webpage of shoe company Birkenstock Group B.V. Co. KG on screen in front of logo. Focus on center of phone display. — Stock Editorial Photography

Overall, 2024 was a year of underperformance when it comes to retail stocks. The SPDR S&P Retail ETF (NYSEARCA: XRT) finished the year with a total return of just under 12%. That is approximately half the return generated by the S&P 500 Index. However, there were several standouts in the industry, particularly among three stocks based in Europe. Two of them returned over 100% on the year, while another outperformed the industry ETF by over 4%. Below, I’ll break down these names and give my take on why they can keep rising in 2025.

On Holdings: Taking Big Steps in the Footwear Market

On (NYSE: ONON), the Swiss athletic footwear maker had a fantastic 2024. The company’s value more than doubled, with shares returning 103%. Sales growth has been strong and accelerating. Revenues grew by over 20% each quarter and reached north of 30% in Q3. Margins also increased slightly to their highest quarterly level in Q3, up 60 basis points from the prior year period.

One of the large tailwinds for On over the past few years was the struggles of Nike (NYSE: NKE). As Nike worked to push its direct-to-consumer (DTC) channel to increase margins, it made a significant error in its thinking. Retail stores like Foot Locker (NYSE: FL) receive less Nike inventory due to Nike’s DTC effort, so they need different products to fill their shelves.

That’s where companies like On came in, filling the holes in footwear retailer inventory. This provided strong brand exposure. Additionally, On introduced innovative new products, while Nike fell behind on that front. Nike is now going through a corporate shake-up with a new CEO. This gives On the ability to continue advancing in 2025. Analysts are lowering their earnings forecasts on Nike as it looks to normalize its inventory levels and put sports back at the center of its product line. This gives On the opportunity to continue taking market share as Nike repositions. Additionally, On is working to expand further into apparel, which accounts for just 4% of revenue. This is another large market the company can potentially tap into.

Amer Sports: Ready to Move Forward After Paying Down Debt

Amer Sports (NYSE: AS) is a Finnish sportswear company that has also achieved accelerating growth in 2024. Revenue grew by 13% in Q1 and increased by 17% in Q3. The company’s technical apparel segment, led by its luxury Arc’teryx brand, grew by 34% last quarter.

It also increased its adjusted operating margin by 280 basis points in Q3, blowing past its previously set guidance. Growth in Asia has also been exceptional. Revenues in China increased 56% and Asia Pacific revenues grew by 47%. Not including the first-day change since its initial public offering in March, the company’s shares have rocketed up by 108%.

One of the biggest eyesores around Amer Sports was its massive $2.8 billion in debt. It recently went a long way in mending this issue through another public offering of stock. It raised $1.1 billion to repay loans. S&P Global Ratings subsequently raised its credit rating on Amer to BBB, moving its rating into the investment-grade category. With this problem lessened, the company can focus more on its push into China.

The high-end Arc’teryx brand has been one of the key sales growth drivers in China. The premium pricing may align well with the socio-economic demographics in China, which suffers from significant income inequality. Rich consumers can remain more resilient and continue demanding these products even as macroeconomic conditions fluctuate.

Birkenstock: Capital Investments May Be Set to Pay Off in 2025

Birkenstock (NYSE: BIRK) shares had an up-and-down year in 2024, finishing with a total return of 16%. This underperformed the broad market; however, it outperformed its overall industry significantly.

The German sandal maker saw revenue growth near or above 20% every quarter in 2024. Key profitability and growth drivers can potentially help Birkenstock shares ride higher in 2025.

The company invested significantly to increase its production capacity. This hurt the company’s gross margin in 2024. However, it sets it up to expand sales and to further capitalize on strong demand in Asia. Revenue from Asia grew 42% last quarter. Additionally, the company’s strong growth in its DTC channel can help push margin expansion in 2025. The average of six Wall Street price targets released since the company’s latest earnings report implies upside in the shares of 33%.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.