Goldman Sachs has studied the fall trends and analysts have determined jeggings will be in for fall. Yes, you've read that correctly. According to Business Insider, Goldman recently released a report on Back To School (B2S for those down with the lingo) trends and cited "military styles, jeggings [jeans-plus-leggings], and carries over prints and plaids from last year" as hot items.
So how will that affect the market? From Benzinga:
Driven by persistent hot temperatures, sales of classic B2S long denim have been weak. If the weather doesn't start to cool down, analysts expect that inventory could begin to build and pressure margins.
Goldman Sachs writes, "We were very encouraged by traffic trends at ANF (Buy, $38.81) and continue to believe stabilizing the domestic business will unlock greater value from international growth. We also remain positive on LULU (Buy, $39.30) which has substantial comp-store and footage growth potential and should be much less vulnerable to weather and competitive pressures this fall."
ANF? Why, that's Abercrombie & Fitch. And LULU? Lululemon Athletica, well known for its yoga-wear.
(Via The Cut.)