Aeropostale Sinks as Teens Flee to Fast Fashion Retailers

Now watching

Next video starts in : 7 Play

Aeropostale Sinks as Teens Flee to Fast Fashion Retailers

Aeropostale Sinks as Teens Flee to Fast Fashion Retailers
Replay video
Up next

Butch Walker - Butch Walker LIVE Concert

Unlock your personal NFL Now stream by signing in to NFL.com

Aeropostale Sinks as Teens Flee to Fast Fashion Retailers

by TheStreet.com Videos 1:04 mins

Aeropostale Sinks as Teens Flee to Fast Fashion Retailers

by TheStreet.com Videos 1:04 mins

Teen apparel retailer Aeropostale is setting trends, but not the kind it would like. The company guided for a net loss of 55 cents to 61 cents a share in its second quarter, wider than Wall Street's estimates of a 50-cents-a-share net loss. Wider losses and revenue declines are trends likely to continue. The retailer has been suffering in recent quarters, losing out to companies like Forever 21 and H&M which can churn out on-trend fashions faster and at cheaper cost. However, Aeropostale isn't alone in its struggles. Urban Outfitters recently reported a drop in profits, The Gap posted a 22% decline in net income and Abercrombie & Fitch has suffered quarter after quarter of plunging sales. Keris Lahiff reports from Wall Street.

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless