Millennials are among the market's fastest-growing consumers of luxury fashion goods. These tech-savvy generations, who grew up in the era of mobile technologies, are highly exposed to the omnichannel experience.
Against this backdrop, investors could consider buying fundamentally sound apparel stocks, American Eagle Outfitters, Inc. (AEO), Kontoor Brands, Inc. (KTB), and Caleres, Inc. (CAL), which might trend higher this year.
