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Tiny Apparel Stock that Could be a Big Opportunity in the Making (PVH, FBCD, UA, TPR, AEO, TJX, GPS, URBN)

Of all the trends to watch for investors coming out of the pandemic, the apparel industry could be one of the most interesting given that the transition…

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Of all the trends to watch for investors coming out of the pandemic, the apparel industry could be one of the most interesting given that the transition back to normal life involves more in-person public appearances and social activity after a long period of its absence.

That has huge implications for fashion and apparel companies because people need to rebuild their wardrobes, which positions the industry for outsized growth relative to other areas of the market.

People are also financially better off than they were before the pandemic so there’s consumer spending power to back up that need. Indeed, according to NPR.com, Americans stashed away $2.7 trillion in excess savings over the pandemic even as inflation rates hit a record high (1).

This is especially true for wealthier consumers (2).

With both the need and the means lined up, investors may want to pay special attention to stocks in the apparel space (3) such as PVH Corp. (NYSE:PVH), Under Armour Inc. Cl C (NYSE:UA), Tapestry Inc. (NYSE:TPR), American Eagle Outfitters Inc. (NYSE:AEO), TJX Cos. (NYSE:TJX), Gap Inc. (NYSE:GPS), and Urban Outfitters Inc. (Nasdaq:URBN). (4)

However, one small cap name in the space could deserve a deeper look given that it appears to be emerging as a new prospect in the making without much interest yet from the crowd: FBC Holding Inc. (OTC US:FBCD).

FBCD is really centered around its primary brand, Formrunner Apparel Inc., which is a wholly owned subsidiary of FBC Holding, Inc. Formrunner Apparel Inc. carries a variety of Top-Notch Streetwear & Accessories located in Scottsdale, Arizona. (5)

Formrunner can be viewed and bought on the Company’s website at www.formrunnerapparel.com.

FBC Holding Inc. (OTC US:FBCD) is a small but up-and-coming brand in the apparel space dedicated to individual identity and expression.

The company most recently announced that it is looking to establish a Brand Ambassador as a potential outlet to expand the apparel line to get a better name around the world.

According to its release, the company has been working diligently to enter the Entertainment/Music Industry through multiple connections and relationships to big Hip-Hop & Rap Artists.

In other words, we may not have too long to wait for the real news, which could potentially be an important catalyst for FBCD shares.

As noted by the company, the apparel market encompasses every kind of clothing, from sportswear to business wear, from value clothing to statement luxury pieces. After difficulties in 2020 during the coronavirus pandemic, when sales across the apparel industry took a hit, the global demand for clothing and shoes is set to rise again.

FBC Holding Inc. (OTC US:FBCD) CEO and President, Lisa Nelson, stated, “By having a Brand Ambassador to represent our clothing line, this will make Formrunner Apparel reach its true potential along with explosive revenue and exposure… In 2022, Brand Ambassadors are the most impactful way to boost a brand. Brand ambassadors supply the human aspect to marketing campaigns. The more people get to know a brand, the more likely they are to buy. They can also help to build up positive online reviews and comments which affects the way potential customers view products.” (6)

Shares of FBCD are beyond oversold. The stock is down severely on a year over year basis (7). RSI has printed as low as 23 during the decline and still sitting near 30 on the weekly chart, which technicians generally treat as an oversold upside signal (8). If important news attaching the Formrunner brand to a major entertainment influencer hits with the stock in this deeply oversold state, it could get awfully interesting awfully quickly.

  1. https://www.npr.org/2021/12/28/1068587866/americans-saved-a-lot-of-money-this-year-dispite-record-inflation#:~:text=Tiny%20Desk%20Contest-,Americans%20saved%20a%20lot%20of%20money%20this%20year%20dispite%20record,rates%20hit%20a%20record%20high.
  2. https://www.reuters.com/business/pandemic-boosts-super-rich-share-global-wealth-2021-12-07/
  3. https://investorplace.com/2022/02/7-luxury-apparel-stocks-that-will-strut-their-way-through-2022/
  4. https://www.benzinga.com/money/best-clothing-stocks/
  5. https://formrunnerapparel.com/
  6. https://www.otcmarkets.com/stock/FBCD/news/FBC-Holding-Inc-FBCD-Looking-to-Secure-a-Brand-Ambassador-to-Represent-Formrunner-Apparel?id=356447
  7. https://www.tradingview.com/chart/
  8. https://www.investopedia.com/terms/r/rsi.asp#:~:text=Traditional%20interpretation%20and%20usage%20of,an%20oversold%20or%20undervalued%20condition.

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The post Tiny Apparel Stock that Could be a Big Opportunity in the Making (PVH, FBCD, UA, TPR, AEO, TJX, GPS, URBN) appeared first on Wall Street PR.

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Economics

Expert on Bath & Body Works: ‘an easy double the next three years’

Bath & Body Works Inc (NYSE: BBWI) might have been painful for the shareholders this year, but the road ahead will likely be a rewarding one, says…

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Bath & Body Works Inc (NYSE: BBWI) might have been painful for the shareholders this year, but the road ahead will likely be a rewarding one, says the Senior Vice President and Portfolio Manager at Westwood Group.

BBWI separated from Victoria’s Secret

The retail chain separated from Victoria’s Secret in 2021, which, as per Lauren Hill, clears the way for a 100% increase in the stock price in the coming years. On CNBC’s “Closing Bell: Overtime”, she said:

[Bath & Body Works] has really strong pricing power. They have 85% of their supply chain in the United States and with the Victoria’s Secret brand now gone, I think it’s a wonderful buy; an easy double the next three years.

Last month, the Columbus-headquartered company reported results for its fiscal first quarter that topped Wall Street expectations.

Bath & Body Works is a reopening play

The stock currently trades at a PE multiple of 6.64. Hill is convinced Bath & Body works is a reopening name and will perform so much better as the world continues to pull out of the pandemic. She noted:

Customers have missed buying their scented products in store and as their social occasion calendars fill up, they are getting back out there and buying more gifts, including Bath & Body Works products.

Hill also dubbed BBWI a great pick amidst the ongoing inflationary pressures because of its reasonably priced products. Shares are down more than 50% versus the start of 2022.

The post Expert on Bath & Body Works: ‘an easy double the next three years’ appeared first on Invezz.

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Economics

Majority Of C-Suite Execs Thinking Of Quitting, 40% Overwhelmed At Work: Deloitte Survey

Majority Of C-Suite Execs Thinking Of Quitting, 40% Overwhelmed At Work: Deloitte Survey

Authored by Naveen Anthrapully via The Epoch Times,

A…

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Majority Of C-Suite Execs Thinking Of Quitting, 40% Overwhelmed At Work: Deloitte Survey

Authored by Naveen Anthrapully via The Epoch Times,

A majority of C-suite executives are considering leaving their jobs, according to a Deloitte survey of 2,100 employees and C-level executives from the United States, Canada, the UK, and Australia.

Almost 70 percent of executives admitted that they are seriously thinking of quitting their jobs for a better opportunity that supports their well-being, according to the survey report published on June 22. Over three-quarters of executives said that the COVID-19 pandemic had negatively affected their well-being.

Roughly one in three employees and C-suite executives admitted to constantly struggling with poor mental health and fatigue. While 41 percent of executives “always” or “often” felt stressed, 40 percent were overwhelmed, 36 percent were exhausted, 30 percent felt lonely, and 26 percent were depressed.

“Most employees (83 percent) and executives (74 percent) say they’re facing obstacles when it comes to achieving their well-being goals—and these are largely tied to their job,” the report says. “In fact, the top two hurdles that people cited were a heavy workload or stressful job (30 percent), and not having enough time because of long work hours (27 percent).”

While 70 percent of C-suite execs admitted to considering quitting, this number was at only 57 percent among other employees. The report speculated that a reason for such a wide gap might be the fact that top-level executives are often in a “stronger financial position,” due to which they can afford to seek new career opportunities.

Interestingly, while only 56 percent of employees think their company executives care about their well-being, a much higher 91 percent of C-suite administrators were of the opinion that their employees believe their leaders took care of them. The report called this a “notable gap.”

Resignation Rates

The Deloitte report comes amid a debate about resignation rates in the U.S. workforce. Over 4.4 million Americans quit their jobs in April, with job openings hitting 11.9 million, according to the U.S. Department of Labor. In the period from January 2021 to February 2022, almost 57 million Americans left their jobs.

Though some are terming it the “Great Resignation,” giving it a negative connotation, the implication is not entirely true since most of those who quit jobs did so for other opportunities. In the same 14 months, almost 89 million people were hired. There are almost two jobs open for every unemployed person in the United States, according to MarketWatch.

In an Economic Letter from the Federal Reserve Bank of San Francisco published in April, economics professor Bart Hobijn points out that high waves of resignations were common during rapid economic recoveries in the postwar period prior to 2000.

“The quits waves in manufacturing in 1948, 1951, 1953, 1966, 1969, and 1973 are of the same order of magnitude as the current wave,” he wrote. “All of these waves coincide with periods when payroll employment grew very fast, both in the manufacturing sector and the total nonfarm sector.”

Tyler Durden Sat, 06/25/2022 - 20:30

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Spread & Containment

Optimism Slowly Returns To The Tourism Sector

Optimism Slowly Returns To The Tourism Sector

Coming off the worst year in tourism history, 2021 wasn’t much of an improvement, as travel…

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Optimism Slowly Returns To The Tourism Sector

Coming off the worst year in tourism history, 2021 wasn't much of an improvement, as travel remained subdued in the face of the persistent threat posed by Covid-19.

According to the United Nations World Tourism Organization (UNWTO), export revenues from tourism (including passenger transport receipts) remained more than $1 trillion below pre-pandemic levels in 2021, marking the second trillion-dollar loss for the tourism industry in as many years.

As Statista's Felix Richter details below, while the brief rebound in the summer months of 2020 had fueled hopes of a quick recovery for the tourism sector, those hopes were dashed with each subsequent wave of the pandemic.

And despite a record-breaking global vaccine rollout, travel experts struggled to stay optimistic in 2021, as governments kept many restrictions in place in their effort to curb the spread of new, potentially more dangerous variants of the coronavirus.

Halfway through 2022, optimism has returned to the industry, however, as travel demand is ticking up in many regions.

You will find more infographics at Statista

According to UNWTO's latest Tourism Barometer, industry experts are now considerably more confident than they were at the beginning of the year, with 48 percent of expert panel participants expecting a full recovery of the tourism sector in 2023, up from just 32 percent in January. 44 percent of surveyed industry insiders still think it'll take until 2024 or longer for tourism to return to pre-pandemic levels, another notable improvement from 64 percent in January.

Tyler Durden Sat, 06/25/2022 - 21:00

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