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However, with cryptocurrency values currently tanking, some cautious shoppers may rather invest in fashion instead. Cryptocurrency transactions can be dangerous for brands if exchange rates are not constantly monitored. To avoid this, Off-White is using a special LUNU POS terminal, which finds the best currency-to-crypto exchange rate at the time of transaction, and is compatible with multiple crypto wallets that can scan a revealed QR code to settle payment.
Refunds for any items purchased with cryptocurrency will be issued exclusively via store credit, in the local currency, Off-White says. Comments, questions or feedback? Email us at feedback voguebusiness. Indie designers on supply chain stresses and solutions. Jo Malone on scaling her second brand, this time for Gen Z. Make better business decisions Sign up to our newsletter for a truly global perspective on the fashion industry. Read More.
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Maxx, Marshalls, and HomeGoods -- would seem to be an unlikely winner. The retailer is highly reliant on sales from brick-and-mortar stores, which afford a treasure hunt-style shopping experience, and it has unpredictable inventory because it sources excess goods from manufacturers and retailers.
Both of these qualities are not particularly well-suited for e-commerce. While the company struggled through the pandemic, consumers are increasingly shopping in person and still love getting deals on interesting finds. TJX's sales are quickly rebounding, and the company continues to benefit, even in the digital era, from manufacturers' needs to manage and monetize their excess inventories. TJX stock is another long-term value play, and it pays a decent dividend to boot. Yes, big-box store Target is an apparel company.
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Target may not seem like an apparel company, but the retailer is succeeding at making and selling everyday clothing. Investors interested in buying apparel stocks should focus on those companies deriving the most profits from e-commerce and sportswear since e-commerce especially is only becoming more popular.
The alcoholic beverage giant has reduced its outlook several times since the hard seltzer craze ended. Investing in these industry-leading companies could help you beat inflation. The dividend giant will refresh expectations about its short-term growth potential in just a few days.
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Source: Getty Images. Apparel stocks to watch Here are the top apparel stocks to buy in and beyond:. Market cap as of Sept. Data source: YCharts. Nike Nike needs little introduction. Stitch Fix Stitch Fix has made a name for itself in the nascent online personal styling space.
Farfetch The owner of the Italian luxury fashion upstart Off-White, Farfetch is thriving, largely due to its focus on e-commerce. Target Yes, big-box store Target is an apparel company. Retail Stocks Learn how e-commerce is changing retail. Sporting Goods Stocks Winning companies that capitalize on e-commerce and experiential retail.
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