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3 Turnaround Stocks to Consider for the Long Term

3 Turnaround Stocks to Consider for the Long Term

Unlike brick-and-mortar clothing companies with bulky fixed costs and bloated inventories, Revolve's operations are efficient. Online clothing sales are expected to grow by 9% globally, making this an ideal avenue to pursue for the international company. To effectively connect with young folks, Revolve Group actively partners with social-media influencers to push its product, a strategy that led to 20% revenue growth before the COVID-19 pandemic.