5 Best Fashion and Apparel Stocks to Invest In

3. Tapestry, Inc. (NYSE:TPR)

No of HFs: 39

Total Value of HF Holdings: $670 Million

TPR is the 3^rd best fashion and apparel stock to invest in. The top hedge fund holder of this stock is Ken Griffin’s Citadel Investment Group which had $118 million invested in the stock at the end of September. An insider recently purchased 12,980 shares at around $15 in August 2019. The stock is up 106% since then. The company is known to be the first new work based house of modern luxury lifestyle brands. They were recently named as the “Best Place to Work for LGBTQ Equality” in Human Rights Campaign’s 2021 Corporate Equality Index. Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc said,

“We strive to foster an inclusive culture and to champion the individuality and diverse perspectives of our people. We are incredibly proud to receive this recognition for the seventh consecutive year, and will continue to take action on our commitment to ensuring that all of our employees feel respected, supported and valued.”