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 […]
Under the direction of Summer Rapp, formerly of Roxy, and Mandy Fry, formerly of Billabong and Volcom, a new women’s surf brand has been named, Amuse Society. The brand is the third brand announced by Stokehouse Unlimited, a conglomerate created by Paul Naude, formerly from Billabong. Stokehouse’s first brand was Vissla, a men’s surf brand […]
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 […]
There’s a lot going on in fashion and retail right now, and it’s not just from the fashion trade shows in Las Vegas which will soon provide insights on where trends are headed next for SS14. But while teen retailers such as American Eagle, Abercrombie & Fitch, Aeropostale, and even Macy’s report financial difficulties in […]
Retail’s been getting hammered lately with the blame-game stemming from weird weather patterns and therefore less demand on in-stock apparel items, to buyouts happening as fast as young people switching favorite social networks. First, Rue 21, the teen retailer with an estimated 900 stores, has entered into an agreement to get purchase by Apax Partners, […]
Urban Outfitters is on a roll and their music-inspired fashion themes are working. Today, March 11, 2013, they reported their fourth quarter financials with profits up 110% since last year at this time to $82.55 million from $39.26 last year. Urban Outfitters, owners of the popular brand Free People, Anthropologie, BHLDN, and Terrain also continues […]
Financials are coming in for the New Year and two of the most important ones to watch are the fast-fashion giants, H&M and Uniqlo (Fast Retailing). First, H&M had a big announcement, yesterday, January 9, 2013 saying that they will launch their & Other Stories, a strong brand within the H&M group, in the Spring […]
Lines continue to blur with Hi-Lo fashion; discount pricing takes its toll; and another cool fashion video.
Fresh from the Spring Youth Culture Study 2011, we report on the latest youth culture preferences and trends when it comes to a key accessory in creating one’s style.
Even though Shepard Fairey and the AP are now BFF’s doesn’t mean that the retailers who made money off the Obama Hope Poster T-shirts are in the clear.