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Stock impact report

Top Trends in the Apparel Market for 2024 - The Resale Market is Forecast to Grow by 16.3% in 2024 [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
The report includes analysis of key factors impacting the global apparel market in 2024, including inflation, mergers and acquisitions and the outperformance of online. With the apparel industry constantly evolving, it is crucial for players in the market to stay in tune with the latest trends to remain ahead of competition. Over the past few years, inflation has been the biggest factor impacting consumers' shopping habits and players' performances, and this will continue to have a big impact on shoppers' spend as they become more used to having a streamlined capsule wardrobe and continue to divert spend towards alternative segments such as secondhand. Report Scope Though inflation will continue to fall in 2024, the cumulative impact of higher prices for essential goods means that discretionary incomes will remain squeezed. As companies' revenues and profits are squeezed by reduced consumer spending and increased costs, many will fall into financial distress. Those that have Show less Read more
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