Is There a Buying Opportunity with These 3 Luxury Stocks?

[Investing Insights Daily]( August 14th, 2023 SPONSORED AD ["Amazon Loophole" could hand you $28,544 in "royalty" payouts]( Thanks to a little-known IRS loophole... Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the "Amazon secret royalty program..." And the best part is, there are no age or income requirements, no employment requirements, and you NEVER have to shop or sell a single product on Amazon... (It only takes 5 minutes to set up!) See how to collect the next payout before the strict cutoff deadline. [Watch this short video now.]( [Is There a Buying Opportunity with These 3 Luxury Stocks?]( The fashion industry is fueled by constant innovation and the increasing influence of social media and digital platforms. Given the industry’s steady growth prospects, investors could consider quality fashion stocks The TJX Companies, Inc. ([TJX]( – [Get Rating]( Tapestry, Inc. ([TPR]( – [Get Rating]( and Chico’s FAS, Inc. ([CHS]( – [Get Rating](. Personal luxury goods, including luxury apparel, accessories, watches, jewelry, and eyewear, are the second-largest luxury industry segment after luxury cars. The personal luxury goods market’s revenue has increased steadily over the past decade, apart from the hiccup caused by the coronavirus pandemic. Revenue in the Luxury Goods market is expected to amount to $75.69 billion in the US this year. The market is expected to grow at a [CAGR of 1.9%]( until 2028. In addition, the rising number of affluent consumers and their inflating income levels, growing aspiration for exclusivity and uniqueness, power of branding and brand equity, the increasing influence of social media and digital platforms, and rapid globalization are some of the major factors propelling the market. The global luxury fashion market is expected to reach $294.70 billion by 2028, exhibiting a growth rate [CAGR of 3.6%]( until 2028. Moreover, increasing communication between consumers and key players through [social media platforms and online retail stores]( drives the latest trendy luxury apparel sales. The rise in online transactions has supported the market growth of luxury apparel over the last few years. Take a look at the stocks mentioned above… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019