Retail Round-up: A Bathing Ape Sells to China’s I.T for a Relatively Low $2.8 Million; Top Teen Retailers Halt Monthly Same Store Sales Reports; Tommy Hilfiger Launches Pop-up Prep World and Tour; Gap Shake-up
Evolution of retail landscape continues with interesting acquisitions, financial reporting. and new collections hoping to match economic changes in youth culture markets.
Zumiez, Abercrombie, Hot Topic, Limited, Uniqlo report better than expected sales based on several factors, however back-to-school may still be a challenge.
From Hollister to H&M, Abercrombie to Aeropostale, it’s a mixed bag of tricks as certain brand strategies work while others don’t based on changes in consumer preferences and spending.
Different strategies from various brands and retailers shed light on how some directions are better than others in reaching youth culture today and why.
Gap Profits Fall, But Pushes Ecomm Plan and Return of Khakis; Aeropostale Blows Doors (in a good way); CFDA Announces Retail Revitalization Event; IMG and 505 Games to Produce Fashion Week Game
More youth brands missing signs of consumer spending patterns and trends. You could blame this all on the recession, but sometimes it’s simply a case of not understanding a new generation of consumers.
Retail and Brand Economic Round-up: Target’s Downturn and McQ Collaboration; Abercrombie & Fitch Loses Cred but Not in Europe; Quiksilver Closes Rossi Sale and Launches Street-inspired 2009/10 Outerwear; Volcom Remains the Hidden Gem