These Top Apparel Stocks Are Absurdly Cheap Right Now
With consumers shifting their spending away from goods to services as inflation heated up last year, top apparel brands saw their sales and profits tumble. Shares of VF Corp. (NYSE: VFC) and Farfetch (NYSE: FTCH) are currently trading about 74% and 93% off their all-time highs. VF Corp. had a rough outing last year, with revenue through the first nine months of the year down 2%.