3 Top Apparel-Focused Stocks to Buy in August
Apparel-focused businesses took a big hit in the second quarter. Unlike retailers that sell staple products like groceries and cleaning supplies, many of these chains were forced to close their doors for several weeks during peak COVID-19 social distancing efforts in places like the U.S. and Europe.
These consumer shopping shifts are likely to pressure traffic in the industry well into 2021, but that doesn't mean there aren't good stock buys in this niche. Below, we'll highlight a few apparel giants that could deliver impressive returns to investors willing to hold through some of the expected volatility ahead.
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Source Fool.com