How Apparel Retailers’ Stocks Have Performed This Year
As of June 22, Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), and Urban Outfitters (URBN) stock had risen 60.2%, 29.7%, and 31.3%, respectively, year-to-date. Meanwhile, Gap (GPS) had fallen 2.0%. Apparel retailers’ sales growth has deteriorated due to the rapid expansion of e-commerce.