Analyst Says Rising Global Middle Class May Bring Higher Demand to the Sportswear Industry
January 17, 2014 at 16:09 PM EST
Macquarie's Laurent Vasilescu detailed his views on a few of the big Sportswear players in a research note late Thursday evening. The analyst is bullish on the group as a whole, estimating 9 percent annual growth and a market size of nearly $500 billion by 2020. Vasilescu attributes his bullish outlook