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Analyst Interview Excerpt
A FOCUS ON TEEN AND MISSY RETAIL – ANN POOLE – STEPHENS INC.


Full article published: 09/07/2009


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TWST: What's the focus of your coverage?
Ms. Poole: The focus of my coverage is teen and missy mall-based specialty retailers.

TWST: What's the difference between teen and missy?
Ms. Poole: A teen retailer would cater to basically high-school, college kids, though it can always skew a little younger or a little older. Missy would be more defined as their moms. Women typically in the age range of 40 to 65.

TWST: Let's start with teens. What's going on there this year from a business point of view?
Ms. Poole: From a business point of view, teen retailers have not been immune to the struggle in overall retail. Aside from the macro challenges, the biggest challenge faced by the teen retailers has been the change in how the teenage girl shops. The wardrobing needs of teenage girls have evolved and become more complex. In the past, the teenage girl's uniform was pretty much a pair of jeans and a tee or hoodie. Fast-fashion retailers such Forever 21 and H&M have introduced girls to a whole new world of product, and they have liked having more variety and dressing a little more feminine. It's been hard for some of the core teen retail companies to react and figure out how to adapt their assortments to better address the way the girl shops today.

 

Tickers included in this excerpt: AEO, ANF, ANN, BEBE, BKE, CHS

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.