This post was originally published on this site
With consumers returning to looser and more comfortable styles and denim brands, the demand for wide-legged jeans should increase. The global market for denim jeans is expected to reach $83.2 billion by 2026, registering a 4.7% CAGR. This trend should give the jeans industry a much-needed boost.
Hence, we think it could be wise to bet on popular denim stocks Levi Strauss & Co. (LEVI), The Gap, Inc. (GPS), Abercrombie & Fitch Co. (ANF), and Guess?, Inc. (GES). We expect these companies to generate substantial sales growth in the coming months.
