5 Shoes & Retail Apparel Stocks in Focus Amid Industry Struggles
adidas(ADDYY) ZACKS·2024-10-16 22:25
The Zacks Shoes and Retail Apparel industry continues to face challenges from rising costs, lower consumer spending on discretionary items, and increased marketing investments, which have weighed on profits. Additionally, unfavorable currency fluctuations pose risks for companies with global operations. However, the industry has been promising due to growing consumer interest in healthy lifestyles, driving demand for activewear and athletic footwear. Innovative designs have been key growth drivers for indus ...