Moss Adams recently published its Apparel Market Monitor. Highlights from the report include:
• Public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Aspirational and Diversified companies were up 40% over the past year, compared to a 19% increase for the S&P 500.
• Q3 was very positive for M&A activity. Middle-market M&A in the US jumped 23% for the quarter, and rose 13% from the prior year. Nearly 4100 middle-market M&A transactions were announced in Q3, the highest quarterly volume in the past 7 years.
Read more here.