Shares of major apparel and footwear companies including Nike Inc. (NKE), lululemon athletica inc. (LULU), Adidas, V.F. Corporation (VFC), Steven Madden Ltd (SHOO), The Gap, Inc. (GAP), and PVH Corp. (PVH) experienced notable gains, particularly toward the end of the trading day. Market activity and call option flows suggest investor anticipation of a forthcoming trade deal involving Vietnam, which is expected to benefit these retailers. Speculation about progress on a Vietnam tariff agreement has driven increased trading volumes and price rallies in these stocks, reflecting optimism among market participants about potential easing of trade restrictions that could impact supply chains and costs for these companies.