Article Abstract:
Earnings results for the clothing industry during the first half of 1999 were wide ranging with no segment doing poor or good with restructuring in the industry and changed retailer buying habits. Consumer purchasing trends are changing the industry, as well, and internal growth is difficult with the maturation of this segment. Investors need to select those stocks which have the best brands and the ability to survive and make acquisitions.
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Article Abstract:
Stocks in the apparel industry underperformed the market in 1999, but the 4th qtr of 1999 should show improved results and margins. This industry is highly competitive, but cost cutting and acquisitions are expected to improve margins and profits in the future. Investors need to be selective with their choices in this sector.
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Article Abstract:
Issues are presented concerning the performance of securities in the apparel industry sector. The performance details of a number of companies in this sector are included.
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