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3 Clothing Retail Stocks Under $10 To Buy This Holiday Season -Breaking

by Mike Robinson

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© Reuters. For the Holiday Season, 3 clothing retail stocks below $10

Expect a rise in clothing demand during the holidays, as more people are looking for sustainable and recycled clothes. Hence, we think it could be wise to bet on quality low-priced clothing retail stocks H & M (HNNMY), Chico’s FAS (NYSE:), and Vera Bradley (NASDAQ:). Let’s discuss.The prices of several goods, including clothing and apparel, are set to increase this holiday season, due primarily to the COVID-19 omicron variant-driven logistical disruptions in industry. But, consumers are not likely to see a drop in clothing demand.

According to Forbes, second-hand clothes demand is increasing and recycled clothing will be mainstream by 2022. The e-commerce fashion market is also growing rapidly. According to a Statista report, the global fashion e-commerce industry is expected to grow at a 9.1% CAGR between 2021 – 2025.

Given this backdrop, we think it could be wise to bet on fundamentally sound clothing retail stocks H & M Hennes & Mauritz AB (HNNMY), Chico’s FAS, Inc. (CHS), and Vera Bradley, Inc. (VRA), which are each trading at less than $10 per share.

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