Fast fashion and recovery from pandemic upheaval has led to unexpected winners (Abercrombie & Fitch) and losers (Nike stock) in apparel.
Sketchers' (SKX) Q2 earnings decline y/y. The company focuses on innovation and partnerships, aiming for $10 billion in annual sales by 2026.
Deckers' (DECK) first-quarter results reflect strength in the HOKA ONE ONE and UGG brands and solid gains from DTC channels.