American Eagle May Shine Brightest In "Post-Apocalyptic Future Of Teen Retail," Analysts Say
Investment bank Jefferies sent clients a note Friday titled "Teenage Wasteland: Assessing the Post-Apocalyptic Future of Teen Retail." According to its survey of more than 1,000 teens, American Eagle has more "brand relevance" than rivals Aeropostale and Abercrombie & Fitch.
Abercrombie Investor Wages Public Fight To Replace Five Directors
"This public nomination follows the failure of weeks of private outreach to the board to arrive at a negotiated settlement," Engaged Capital said in a statement Thursday. Update: Abercrombie says it “will review Engaged Capital’s director nominations as part of its normal process and will present its recommendation with respect to the election of directors in its proxy statement.”