Persistent inflationary pressure and supply-chain challenges continue to remain a concern for several players in the Zacks Textile – Apparel industry. Escalated SG&A expenses are hurting many companies in the space. Nevertheless, efforts to enhance store and digital operations along with robust brand enhancement endeavors keep Lululemon Athletica Inc. LULU, […]
Stocks
5 Textile-Apparel Stocks Worth a Watch Despite Rising Inflation
Players in the Zacks Textile – Apparel industry continue to battle inflationary pressure and supply-chain disruptions. Rising selling, general and administrative (SG&A) expenses, mainly due to higher freight and logistic costs, continue to hurt several companies in the space. That said, growth initiatives to enhance offline and online businesses coupled […]