The Moss Adams Apparel Market Monitor shows that public companies, with the exception of the Youth Lifestyle category, continue to outperform the overall stock market. Previews of Agenda WMNS at Long Beach, Agenda NYC and Agenda Vegas. Now on Industry Insight.
For Abercrombie & Fitch, which owns Hollister and several other chains, comp store sales companywide fell 7 percent.
Weaker than expected July results caused the company to lower second quarter earnings guidance.
Hollister guys: up mid-single digits
Hollister girls: down in the mid teens
Strongest regions companywide: Flagship stores, US tourist stores, Southwest
Weakest regions companywide: Midwest
Strong male categories companywide: knit tops, shorts, jeans, fragrance
Weak male categories: graphic T-shirts
Strong female categories companywide: jeans
Weak female categories: knit tops, fleece, woven pants