5 Shoes & Retail Apparel Stocks to Watch Amid Inflation-Led Turmoils
adidas(ADDYY) Zacks Investment Research·2024-02-09 23:26
The Zacks Shoes and Retail Apparel industry has been dealing with hardships from elevated costs, disrupted supply chains, reduced spending trends on discretionary items and increased marketing investments. These headwinds have been the key burdens on the participating companies’ profits. Additionally, adverse currency movements threaten industry players due to their worldwide presence.However, the industry continues to witness positive demand trends on increased consumer awareness about leading a healthy li ...