SHOO - Steve Madden Tapestry Capri and Revolve are BTIG's top apparel picks for 2022

BTIG analyst takes a deep dive into the apparel sector to find some top picks for 2022. Analyst Camilo Lyon and team say they expect 2022 will be marked by "continued bouts of volatility" as COVID-19 variants emerge and recede, inflation fears spike and fall and the general rebound from the pandemic continues. The firm describes the rebound as a "rebasing" as consumers more fully adapt to living with COVID, which is expected to result in a second leg of recovery-like demand. Lyon and team call out three themes that they think will drive stock outperformance in the sector - (1) inventory availability, (2) rich fashion/product design with a strong value proposition and (3) pricing power/high-end exposure. The four stocks that fit those qualifiers are Steve Madden (NASDAQ:SHOO), Capri Holdings (NYSE:CPRI) Tapestry (NYSE:TPR) and Revolve Group (NYSE:RVLV), which are all rated at Buy at BTIG. Compare in detail valuation, growth

For further details see:

Steve Madden, Tapestry, Capri and Revolve are BTIG's top apparel picks for 2022