1 Apparel Company to Put on Your Watchlist
Medical scrubs manufacturer FIGS's (NYSE: FIGS) high-quality products have allowed the company to amass a large, loyal customer base in medical offices and hospitals. With lots of opportunities ahead to expand its business, its impressive financial status and profitability could allow the company to make massive reinvestments to help fuel future growth.
Before FIGS, scrubs were just products to get healthcare workers through the day. They might have fun, customizable patterns, but they were made out of low-quality materials. FIGS is trying to change this. The company wants its "awesome people" -- which is what the company calls its customers -- to love their scrubs. With a proprietary fabric technology that stretches for comfort while fighting odor, wrinkles, and moisture, and designs with strategically placed pockets and other features tailored to healthcare professionals' daily needs, FIGS is trying to combine comfort, durability, function, and style.
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Source Fool.com