Sportswear
Sportswear company with accelerating growth outside the West and a strong Western customer base, though facing some management issues matching supply to demand. The trade is based on a return of optimism and Western growth resumption. I closed this position as the stock lost its bottom and isn't bouncing back after pretty weak earnings and guidance from the leaders of the industry.
We rode this name from $188 in January 2026 following a healthy quarter and optimism in the apparel sector, for a -13.83% loss vs. -1.26% for the S&P 500, a negative -12.57% alpha over three months.
$0.00
