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Strong vaccination rates, declining jobless claims, and a consistent rise in consumer spending since August made the National Retail Federation (NRF) forecast holiday retail sales to rise between 8.5% -10.5% this holiday season.
Given this backdrop and the ongoing volatility in the market, fundamentally-sound and undervalued apparel stocks PVH Corp. (NYSE:PVH), Hugo Boss AG (BOSSY), G-III Apparel Group, Ltd. (NASDAQ:GIII), and Tilly’s, Inc. (TLYS) are expected to profit substantially this holiday season.
