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Stock impact report

Zacks Industry Outlook Highlights Adidas, Birkenstock, Steven Madden, Carter's and Wolverine World Wide [Yahoo! Finance]

Birkenstock Holding plc (BIRK) 
Company Research Source: Yahoo! Finance
Chicago, IL – October 17, 2024 – Today, Zacks Equity Research discusses Adidas AG ADDYY, Birkenstock Holding plc BIRK, Steven Madden SHOO, Carter's CRI and Wolverine World Wide WWW. Industry: Shoes Link: https://www.zacks.com/commentary/2351187/5-shoes-retail-apparel-stocks-in-focus-amid-industry-struggles The Zacks Shoes and Retail Apparel industry continues to face challenges from rising costs, lower consumer spending on discretionary items, and increased marketing investments, which have weighed on profits. Additionally, unfavorable currency fluctuations pose risks for companies with global operations. However, the industry has been promising due to growing consumer interest in healthy lifestyles, driving demand for activewear and athletic footwear. Innovative designs have been key growth drivers for industry players. Companies focusing on product innovation, store expansion, digital investments and omnichannel strategies are expected to succeed. Investments in product dev Show less Read more
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