It’s time to call things out for what they really are when it comes to the demise of certain teen retailers. The “3 A’s” including American Eagle, Aeropostale, and Abercrombie & Fitch have been having a hard time of things for a couple of years, and yet there still seems to be a lack of […]
Tag: Eagle
Teen Retailers Need to Get a Clue—Quit Blaming Fast-Fashion, Malls, and Logos for Your Woes
American Eagle Outfitters Q4 Tanks–Teen Retailers Facing Greater Challenges
American Eagle Outfitters released its financial statement today, March 11, 2014, with undeniably one of its worst quarters ever. Consolidated comparable sales for the 13 weeks decreased 7% over the same 13 week period last year. Gross profit decreased 28% to $332 million. Jay Schottenstein, Interim CEO stated, “The Company’s results in 2013 were highly […]
Dismal Q3 Report for American Eagle Outfitters, Indicative of a Changing Teen Retail Landscape
American Eagle Outfitters reported their Q3 finances December 6, 2013, with dismal results of a drop in profits of 68.3%. Like many teen retailers facing a challenging economic climate and out of tune with the youth marketplace, American Eagle is struggling to figure out what to do. Robert Hanson, CEO stated, “Our financial performance is […]
Back-to-School Warning Bells for Aeropostale and American Eagle Outfitters Signal Challenges for Youth Culture Retailers
Aeropostale today announced their Q2 financials and once again, show that they are struggling within a challenging climate for retailers. Today’s youth culture demographic is less interested in buying what they have to sell. As we’ve noted in many of this year’s Youth Culture Studies, and our upcoming Sustainability and Fall Youth Culture Studies 2013, […]
Retail Round-up: Puma Profits Dive; Iconix Brand Buys Umbro from Nike for $225 Million; American Eagle Outlines Long-term Plan Including Global Expansion
It’s been a roller-coaster ride for many brands as Q3 back-to-school financials report a tumultuous sales season. First, Puma has reported that their profits have dipped 85.1% in Q3 due mostly to falling sales in European markets, indicating just how bad things are there, but there are other reasons as well. As one of the […]