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Will American Eagle Outfitters (AEO) Stock Be Helped Today by a Dog Clothing Line?

2014-11-08 16:41:31| Apparel - Topix.net

Like its peers in the teen-clothing business, American Eagle faces sluggish customer traffic and a lack of new fashion trends, according to Bloomberg , adding that in order to jump-start the company, interim CEO Jay Schottenstein has been clearing out merchandise and closing underperforming stores. A dog collection may not be the worst way to jolt sales, Bloomberg says, citing that Americans were expected to spend $350 million on pet costumes this Halloween, according to the National Retail Federation.

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