Elevated costs due to commodity cost inflation and continued reinvestments have been hurting the Shoes and Retail Apparel industry. However, product innovation, robust demand trends and digital investments should aid companies like ADDYY, SKX, CAL and WWW.
Amid a mixed performance across major European stock indices, Germany's DAX index recently displayed resilience with a modest rise of 0.40%. This context sets the stage for investors to consider the potential of undervalued stocks within this relatively stable market environment.
Investing.com - The German sportswear manufacturer Adidas (OTC:ADDYY) is expected to report robust results for the second quarter of 2024, supported by solid revenue growth in the Terrace product line, significant sporting events, and the Yeezy brand, according to a preview from RBC Capital Markets.