Better Buy: Lululemon vs. Stitchfix
According to data from the U.S. Census Bureau, clothing and apparel companies have been some of the hardest hit parts of the retail industry in 2020, with sales down 35% through September compared to a year ago. Not even growth stories lululemon athletica (NASDAQ: LULU) and Stitch Fix (NASDAQ: SFIX) have been exempt -- although both continue to gobble up market share at the expense of rivals. Both apparel stocks are solid investments, although one looks like the more timely purchase right now.
Image source: Getty Images.
Stitch Fix makes money by curating and shipping boxes of clothing to customers, as well as a newer direct buy feature that allows customers to directly search and purchase clothing online.
Source Fool.com
