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Nike (NYSE: NKE)Nike is a world-leading sportswear brand with strong customer loyalty and a well-established presence in the apparel industry. The company has seen consistent growth over the past few years, and its stock price has been increasing steadily since 2019. In Q4 of 2022, Nike reported a $12.2 billion revenue – down 1% from the previous year, but still considered a relatively good performance among apparel companies. The diluted earnings per share for the fourth quarter was $0.90. With an emphasis on customer relationships and digital-first e-commerce marketing, Nike is well-positioned to take advantage of the continued shift toward online shopping and e-commerce.Under Armour (XNYS:UA)Attempting to share the spotlight with Nike is Under Armour, a sportswear and apparel company that has been around since 1996. Under Armour had an interesting year in 2022; the stock price dipped suddenly and drastically in May, staying relatively low right through October. Even so, the company has an impressive 16.59% Year-To-Date increase rate as of this writing – and analysts give optimistic outlooks.Activewear is a competitive spoke of the fashion industry, and Under Armour is up against big-name brands. However, the average sentiment from 20 analysts is optimistic; they predict a median stock price increase of 5.3%. Gap (NYSE:GPS)Gap is a stalwart in the apparel industry, with an iconic logo and decades of experience. The company has been around since 1969 and continues to be one of the most recognizable names in both brick-and-mortar and e-commerce fashion. The company reported Q3 2022 revenues of $4.04 billion, representing a year-over-year increase of 2%. EPS for the quarter was reported to be $0.77. CEO Bob Martin is taking a proactive approach to keeping Gap relevant, investing in digital initiatives to meet the ever-evolving needs of customers:”…We have sharpened our focus on execution to optimize profitability and cash flow, are bringing more rigor to our operations, and balancing our assortments in response to what our customers are telling us,” said Martin in the Q3 results release.Ralph Lauren (XNYS:RL)Ralph Lauren, a premium apparel company in the Textile-Apparel Industry, is a stock to consider for investment in 2023. Despite the industry currently being in the bottom 31% of all Zacks Industries, Ralph Lauren has a history of being a leader in the space. While Ralph Lauren stock is down -6% YTD, the stock has been up +410% over 20 years which beats the broader market and its Zacks Subindustry’s +365%. This long-term performance makes Ralph Lauren an attractive option for investors looking to invest in the fashion industry.Ralph Lauren Corporation has outlined a three-year strategy, the “Next Great Chapter,” in which the company will be focusing on three main elements: brand elevation, core expansion, and consumer ecosystem. The organization is clearly planning for future growth.Lululemon Athletica (NASDAQ:LULU)Lululemon Athletica is a Canadian company that designs and sells athletic apparel. It is one of the most popular apparel stocks right now, with a competitive return of 0.22% in the past 12 months. The company is known for producing high-quality, stylish, and comfortable clothing that can be worn both as athleisure wear and everyday casual attire. Lululemon has a loyal customer base who are willing to pay premium prices for their products. Looking ahead into 2023, Lululemon Athletica looks like one of the best apparel stocks to buy now, with over 60% of analysts issuing a Strong Buy rating for the company. full article: https://sortter.com/blog/article/fashion-stocks/

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