American women's clothing and accessories retailer Chico's FAS saw its share price dropping by a substantial 60.52 per cent on New York Stock Exchange (NYSE) from $3.80 at close on March 2 to $1.50 at close on March 18, 2020. Likewise, share price of clothing retailer Tilly's fell 39.44 per cent to $3.70 on March 18 on NYSE.
Stock price of the Nasdaq-listed shoe manufacturer Crocs too nosedived 59.08 per cent from $26.54 on March 2 to $10.86 on March 18. Stock price of another Nasdaq-listed business Steve Madden, a fashion accessories company, dropped 46.11 per cent to close at $17.63 on March 18.
Multinational corporation Nike too felt the virus heat and its NYSE stock price fell from $92.68 on March 2 to $68.04 on March 18, registering a decline of 26.58 per cent. Share price of another footwear company Skechers USA dropped 38.04 per cent to $20.65 during the period under discussion. Similarly, stock price of footwear and apparel manufacturer Under Armour decreased 40.83 per cent during the period to $7.39.
Levi Strauss & Co, the well-known jeans manufacturer, witnessed a drop of 30.66 per cent in its share price, which fell to $12.39 on NYSE.
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Fibre2Fashion News Desk (RKS)
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