3 Top Apparel Stocks to Watch in July
Apparel is one industry that has struggled during the pandemic. With many people jobless and others working remotely, clothing hasn't been a priority. Even Nike, one of the biggest global apparel brands, experienced a 38% sales decline during its fiscal 2020 fourth quarter when many stores were closed.
However, the smart investor sees opportunity when "there's blood in the streets" as Warren Buffet counsels. Sales are rising as stores reopen and customers indulge their pent-up shopping desires. These three companies are poised to benefit from the resurgence in spending.
Image source: Stitch Fix.
Source Fool.com
