Apparel Stocks Outperforming Today: Everything You Need To Know

While the cyclical consumer product market in general was trading up around 2.5 percent above the S&P 500 Monday, the apparel and accessories industry furthered the gap, outperforming the S&P as a whole by nearly 3.5 percent.

The sector was led by G-III Apparel Group, Ltd. GIII and Vera Bradley, Inc. VRA, helped along by watchmakers Fossil Group Inc FOSL and Movado Group, Inc. MOV, with athletic apparel names Lululemon Athletica inc. LULU and Under Armour Inc UA pushing along from the back.

Monday's Performances, At Time Of Writing

• Fossil Group was up over 3 percent.
• G-III was trading up nearly 9 percent, adding to gains held from Friday despite a disappointing Q3 report.
• Lululemon gained over 3.5 percent leading into its Q3 results expected Wednesday after market close.
• Movado was up 2.83 percent to trade at $29.05.
• Under Armour gained about 2 percent early on news of an exclusive 10-year contract with the Fanatics and the MLB.
• Vera Bradley spiked by 5 percent shortly after the market open following a reiteration of Wunderlich’s bullish rating.