Moving into back-to-school season, retail within many youth culture segments is looking grim. One of the worst was today’s announcement that Abercrombie & Fitch’s second quarter net earnings fell a dramatic 52% to $15.5 million. Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said: “The second quarter results […]
Retail Round-up: Abercrombie Q2 Net Earnings Down 52%; Hollister Takes a Hit; H and M Up 11%, Plan to Make “Oscar-Looking” David Beckham Statues
European Fashion’s Downturn Effects Abercrombie and Fitch
Abercrombie & Fitch reported unaudited results which reflected net income of $3.0 million for the thirteen weeks ended April 28, 2012, compared to net income of $25.1 million for the thirteen weeks ended April 30, 2011. Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said: “While we are […]
Abercrombie & Fitch Reports 64.4%, but Asks The Situation from Jersey Shore to Stop Wearing Their Stuff
On the day A&F reports incredible net gains, they’ve also come under fire for offering up money for a celeb to not wear their apparel based on image issues.
American Eagle’s 4th Quarter Is Up, But Speculation Surfaces As Target Acquisition and New CEO Prospects Underway
Changing tides for this popular brand indicates shifts in the marketplace for youth retailers overall, as higher costs of cotton and other things are forcing new changes for 2011.
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.
Retail Round-up: Adidas Revenues Up 10%, Abercrombie and Fitch up 2%, American Eagle and Aeropostale Down
Mixture of financial results among youth culture brands reveals new expectations and upcoming fourth quarter guidance.
Retail Round-up: Teen Apparel Stores Get a Boost from Back to School Bubble
inancial reports are out and here’s the latest from Abercrombie & Fitch, Zumiez, H&M, Gap, and more.
June Retail Sales for Youth Markets Perform Better Than Expected
Zumiez, Abercrombie, Hot Topic, Limited, Uniqlo report better than expected sales based on several factors, however back-to-school may still be a challenge.
Retail Round-up: VF Corp Down but Vans is Up; Abercrombie & Fitch Re-Bounds; Hot Topic’s”Twilight” Merch Sinking; Sad Good-bye to Alexander McQueen
This roller coaster round-up indicates what new strategies and brands are working in youth culture, and what’s not.
Retail Round-up: The Differences Between Abercrombie & Fitch and Aeropostale Are Just the Beginning of How Volatile Things Really Are
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.