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Top Shares of Textiles, clothing and luxury goods (Discretionary consumption) DAX

The textile is that material that could be reduced to threads and be a fabric. Throughout history, the textile and the way of manufacturing it has been changing and improving according to technological advances and knowledge about raw materials. The threads by themselves are not a textile, it is the material with which fabrics are made to make clothing, decorate homes, make useful objects for human beings.

In the beginning, clothes arose with the need to cover themselves from the cold and the human being used the skins of the animals that he obtained by hunting. After eating its meat, they used the skin as a coat, although their creation was not very technical. Already in the Neolithic, they began to weave and little by little they were using new techniques, new designs and new raw materials to achieve the desired result and that we have today.

The importance that clothing has acquired in the social world has increased over the centuries and has been used in a certain way to distinguish people from high society from people from the middle or lower class. This situation occurred many years ago since fabrics, designs and accessories were not available to everyone, but right now society wears the same style of clothing, from people who are tighter at the end of the month to that they have enough to buy what they want.

Now the main difference is in the brand since the fabrics and designs have a place in all kinds of prices. What differentiates an expensive garment from a cheap one is that the manufacturer's logo is visible and if it is defined as high standing, people buy it more expensive.

Adidas
232,40 $
ADSGN
+1,50 $
+0,65 %
Detailed information of Adidas (ADSGN), stock of DAX. All the technical analysis, execution, and the historical data of the last months, years and days. View Stock
Puma SE
51,74 $
PUMG
+0,12 $
+0,23 %
Detailed information of Puma SE (PUMG), stock of DAX. All the technical analysis, execution, and the historical data of the last months, years and days. View Stock

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