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Why Apparel and Shoe Companies Deckers Outdoor, Gap, and Abercrombie & Fitch Rallied Today, Even as the Broader Markets Plunged Again

By Yahoo! Finance   |   1 month ago
Why Apparel and Shoe Companies Deckers Outdoor, Gap, and Abercrombie & Fitch Rallied Today, Even as the Broader Markets Plunged Again

Apparel companies saw a surge due to Trump's tariff announcement on Vietnam. Retailers like Deckers, Gap, and Abercrombie, heavily reliant on Vietnamese manufacturing, faced uncertainty. Trump later hinted at a potential deal to reduce or eliminate the tariffs.

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