Tag Archives: Urban Outfitters Inc

Rent the Runway enters $33 billion fashion resale market as it looks to build back from pandemic lows

Jennifer Hyman, Rent the Runway  Scott Mlyn | CNBC Rent the Runway said Wednesday it is expanding into resale, a major evolution for the fashion rental platform. Customers will soon be able to buy used designer clothes from the business in addition to renting them. No membership will be required, as Rent the Runway looks […]

American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall

A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images American Eagle Outfitters reported Wednesday fiscal first-quarter earnings and sales that topped analysts’ estimates, […]

Stocks making the biggest moves midday: GameStop, AMC, CVS, Ford & more

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares […]

Retail stocks surge as Florida and New York announce plans to lift Covid restrictions

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC A number of retail stocks surged Monday as investors looked for ways to buy into the economy reopening, after several large states further loosened Covid restrictions or suspended the measures entirely. The S&P Retail ETF closed Monday up 2%, as a host […]

Four ways consumer spending will change once more people are vaccinated

Shoppers wearing protective masks exit from a Hennes & Mauritz (H&M) store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine, corporate leaders and investors are asking themselves a new question: What will consumer spending look […]

Skinny jeans are out and wide-leg denim is in vogue. The world is in a new denim cycle, Levi’s CEO says

Bye-bye skinny jeans, hello “mom jeans.” The world might finally be entering into the early stages of a new denim cycle. One where tight-fitting pants are suddenly out of style, and instead shoppers young and old are flocking to loose-hanging, wide-leg and flared jeans, according to the CEO of Levi’s. It harkens back to a […]

Ready to dress up again, teens turn to online brands Shein and Princess Polly, and thrift store finds

Teen spending is slowly ticking up from record lows, according to a new survey, as teens show signs they’re ready to get dressed up, go out and socialize again. A generation known to be glued to social media apps like TikTok and Instagram, Gen Z is taking cues from fashion and beauty influencers when they […]