This post was originally published on this site
Footwear companies are likely to benefit from such reopening mandates, given the rising demand for outdoor footwear from the 18 years of age or below demographic.
Thus, we believe popular footwear companies Adidas AG (DE:ADSGN) (ADDYY), Under Armour, Inc. (UAA), and Skechers U.S.A., Inc. (SKX) are likely to witness ballooning sales in the coming quarters, which should help their stocks advance.
