Apparel Industry Headwinds: Emerging Competitors & Growth Of The Resale Market
"Athleisure stocks are poised for long-term growth like Nike (NKE) and Lululemon (LULU)," says Amanda Lai. She weighs in on the retail tailwinds: jobless claims, vaccination, relaxed CDC guidelines, pent-up retail demand, and child tax credits. Her stocks to watch are Adidas (ADDYY), Under Armour (UAA), and Gap (GPS). Jan Rogers Kniffen says that consumers are buying apparel, accessories, and shoes.