10 Apparel Manufacturing Industry Stocks That Can Be Worth Buying

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The global Apparel Manufacturing industry has experienced a major shock because of the COVID-19 pandemic. Its demand dependent highly on the disposable income of buyers as well as economic stability. But the pandemic has impacted the economic stability of countries as well as the disposable income of shoppers. From the past few decades, this industry is striving to provide a frictionless experience to the customers by offering them more garments at lower prices.

This industry is anticipated to decrease from $1028.2 billion in 2019 to $1010.7 billion in 2020 because of the shutdown order of the economy due to the COVID-19 outbreak. But now the industry is moving toward a period of growth. The apparel manufacturing industry is competing on both prices and fashion. Fashion evolves constantly and to keep pace with fast-growing markets and to meet customer needs it’s important for this industry to keep an eye on new trends.

Let take a look at these 10 companies in the Apparel manufacturing industry to chose the company of your choice:

Naked Brand Group Limited (NASDAQ: NAKD)

Naked Brand Group Limited (NASDAQ: NAKD) shares were trading up 29.58% at $0.09 at the time of writing on Tuesday. Naked Brand Group Limited (NASDAQ: NAKD) share price went from a low point around $0.07 to briefly over $4.80 in the past 52 weeks, though shares have since pulled back to $0.09. NAKD market cap has remained high, hitting $9.69M at the time of writing, giving it a price-to-sales ratio of more than 0.

Naked Brand Group Limited (NAKD) has announced that it has received a letter from the Listing Qualifications Department of The Nasdaq Capital Market informing the Company that it has regained compliance with minimum stockholder’s equity requirement for continued listing on Nasdaq.

Under Armour Inc. (NYSE: UAA)

Under Armour Inc. (NYSE: UAA) last closed at $13.67, in a 52-week range of $7.15 to $21.96. It has traded up 91.19% from its 52-weeks low and moved down -37.75% from its 52-weeks low. Analysts have a consensus price target of $10.50. Under Armour Inc. (UAA) is scheduled to release its third-quarter 2020 financial results on October 30, 2020.

Under Armour Inc. (NYSE: UA)

Under Armour Inc. (NYSE: UA) shares headed falling, lower as much as -2.45%. The most recent rating by Instinet, on February 27, 2017, is at a Reduce. Under Armour Inc. (UA)  has decided to announce its third-quarter 2020 financial results on October 30, 2020.

Hanesbrands Inc. (NYSE: HBI)

Hanesbrands Inc. (NYSE: HBI) rose 0.17% after gaining more than $0.03 on Tuesday. Hanesbrands Inc. (HBI) has earlier declared a regular Quarterly Cash Dividend. It has announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share to be paid Dec. 1, 2020, to stockholders of record at the close of business Nov. 10, 2020.

Levi Strauss & Co. (NYSE: LEVI)

Levi Strauss & Co. (NYSE: LEVI) rose 1.54% after gaining more than $0.25 on Tuesday. Levi Strauss & Co. Announces Senior Leadership Changes to Elevate Levi’s® Brand, Unlock Commercial Potential Through Continued Diversification and Accelerate Digital Transformation.

Capri Holdings Limited (NYSE: CPRI)

Capri Holdings Limited (NYSE: CPRI) last closed at $22.62, in a 52-week range of $5.42 to $39.90. Analysts have a consensus price target of $20.64. Capri Holdings Limited (CPRI) has decided to share its second-quarter fiscal year 2021 financial results on November 5, 2020. The company also announced that it will organize the conference call on the same day to discuss the results.

V.F. Corporation (NYSE: VFC)

V.F. Corporation (NYSE: VFC) stock drop by -1.86% to $72.38. The most recent rating by BofA Securities, on October 19, 2020, is at an Underperform. V.F. Corporation (VFC) earlier revealed that it has been recognized as one of America’s Most JUST Companies for its commitment to serving its workers, customers, communities, the environment, and shareholders.

Ralph Lauren Corporation (NYSE: RL)

Ralph Lauren Corporation (NYSE: RL) shares headed falling, lower as much as -3.03%. The most recent rating by Telsey Advisory Group, on October 26, 2020, is at an Outperform. Ralph Lauren Corporation (RL) and Parity.org, along with PVH Corp., Lacoste, Tiffany & Co., and Movado Group Inc., earlier revealed a new roadmap for the fashion industry to make measurable progress in achieving gender parity.

Kontoor Brands Inc. (NYSE: KTB)

Kontoor Brands Inc. (NYSE: KTB) last closed at $32.54, in a 52-week range of $12.90 to $43.24. Analysts have a consensus price target of $23.10. Kontoor Brands Inc. (KTB) is scheduled to share its third-quarter 2020 financial results on Thursday, October 29, 2020, at approximately 6:50 a.m. ET.

Ever-Glory International Group Inc. (NASDAQ: EVK)

Ever-Glory International Group Inc. (NASDAQ: EVK) stock soar by 5.61% to $3.01. Ever-Glory International Group Inc. (EVK) share price went from a low point around $0.61 to briefly over $6.76 in the past 52 weeks. It has traded up 396.04% from its 52-weeks low and -55.47% from its 52-weeks high. EVK  market cap has remained high, hitting $42.29 Million at the time of writing.

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