Teens Flee Abercrombie for Upstarts as Phones Top Malls

Brandy Melville | Source: Brandy Melville

NEW YORK, United States — Teens don’t shop the way they used to. Where young consumers with spare cash once thronged the likes of Abercrombie & Fitch Co. and American Eagle Outfitters Inc. for clothing that telegraphed their identities, the new generation is poorer, shuns logos and socializes more on the Internet than at the mall.

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Wall Street sours on Aéropostale, LVMH dazzles, Inflation in China, Technology disruption, A Royal imprint

Aéropostale: Cheap Clothes, Cheaper Stock (Daily Finance) “Aeropostale thrived during the Great Recession, posting record-high margins as cash-strapped customers loaded up on its cheap-but-stylish tops and pants. However, discounts from teen retail competitors, rising commodity costs, and a few fashion missteps have weighed on the company’s profits lately. After two consecutive disappointing quarters, Wall Street has soured

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