Apparel Stocks Feel Uneven Impact of China's Athleisure Boom
The apparel industry is experiencing a boom in China, but not all companies are benefiting equally. MarketBeat's stock screener tool has identified seven apparel stocks to watch, including Nike, Tapestry, TJX Companies, Birkenstock, Target, Ross Stores, and lululemon athletica.
Nike, one of the most well-known brands in the industry, reported a Q4 beat but masked core weaknesses. Analysts have cut price targets as a result.
The seven apparel stocks mentioned are among the highest dollar trading volume within the last several days and are influenced by consumer spending, fashion trends, brand strength, inventory levels, supply-chain costs, and seasonal demand.