Deloitte’s Global Powers of Retailing ranking 2018 shows that US retail giants are losing their grip on the international market, while e-commerce, European fast fashion and sportswear brands are all gaining ground.
American Eagle Outfitters Inc on Wednesday joined other U.S. apparel makers in forecasting strong earnings for the key holiday selling season but said it expected lower profit margins compared with a year earlier.
The holiday 2017 campaign, developed by The Richards Group and PMG, features the brand's first commercial in over a decade. The campaign will be played on digital and social media platforms, among other outlets.
A new Morgan Stanley study shows Amazon as a threat to both department stores and specialty retailers, with Amazon's new use of Nike and Lululemon's suppliers for its own private label sportswear a particular concern.