Luxury Goods Stocks Thrive Amidst Athleisure Boom

The luxury goods market is experiencing an athleisure boom in China, but not all brands are benefiting equally. According to MarketBeat's stock screener tool, seven Luxury Goods stocks are worth watching today: NIKE (NKE), Tapestry (TPR), Birkenstock (BIRK), lululemon athletica (LULU), ON (ON), Ralph Lauren (RL), and Deckers Outdoor (DECK). These companies offer high-end products such as designer clothing, jewelry, watches, cosmetics, and premium automobiles.

Nike's Q4 beat may have masked core weaknesses, with analysts cutting price targets. Tapestry provides luxury accessories and branded lifestyle products through its Coach, Kate Spade, and Stuart Weitzman segments. Birkenstock manufactures and sells footwear products, including sandals and shoes, as well as skincare products and accessories.

Lululemon athletica designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. ON engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis.