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Fashion companies’ reshaped business models, streamlined operations, and sharpened customer propositions are powering the industry’s growth. Furthermore, with the steady rise in vaccination rates and the upcoming holiday season, the sector is projected to witness a significant boost in brick-and-mortar store sales.
Given this backdrop, if one has $4,000 in disposable cash, we think betting it on Signet Jewelers Limited (SIG), Oxford Industries, Inc. (OXM), Caleres, Inc. (CAL), and Movado Group, Inc. (NYSE:MOV) could be rewarding. These fashion stocks are expected to deliver significant returns in the near term based on their strong positions in the market and diverse portfolios.
