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Benzinga

World

Aaron Bry

This Canadian Clothing Company Has A Better One-Year Return Than Apple, Ford and AMD

AMD Apple Ford Aritzia Nasdaq NYSE

When the COVID-19 pandemic pushed millions of people to work remotely two years ago, shoppers wanted one thing: comfort. This was a tailwind for athletic brands such as Nike Inc (NYSE:NKE) and Lululemon Athletica Inc (NASDAQ:LULU), but a strong headwind for brands that produce more formal wear.

Times have changed and demand has skyrocketed for business casual and formal clothes. One company that has benefited from this increase Aritzia Inc (OTC:ATZAF).

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