Goldman Sachs is out with a note, where it comments on Back-to-School fashion trends, some of which include: military styles, jeggings, and carries over prints and plaids from last year. The analysts at Goldman noted, “This year’s B2S season kicks off the opposite of last year’s 2H trends with tough year-ago comparisons and building inventory levels.” Driven by persistent hot temperatures, sales of classic B2S long denim have been weak. If the weather doesn’t start to cool down, analysts expect that inventory could begin to build and pressure margins. Looking at specific stocks, Goldman Sachs writes, “We were very encouraged by traffic trends at ANF (Buy, $38.81) and continue to believe stabilizing the domestic business will unlock greater value from international growth. We also remain positive on LULU (Buy, $39.30) which has substantial comp-store and footage growth potential and should be much less vulnerable to weather and competitive pressures this fall.”