Article Excerpt:
TWST: Give us an overview of what you're covering in this space.Mr. Van Sinderen: I cover a number of companies that sell to a younger age group, including Pacific Sunwear (PSUN), Quiksilver (ZQK), Charlotte Russe (CHIC) and Wet Seal (WTSLA). All of those companies basically cater to a teen, college age and somewhat older demographic.
TWST: In general terms, what's going on in that marketplace?
Mr. Van Sinderen: I think that, as always, the last year has been a year
where you've had winners and losers based on the strength of the
assortment, and you really have to look at each company individually.
TWST: Have there been any trends that are driving this industry, like
fashion looks or a must have product?
Mr. Van Sinderen: There have been. At the end of last year, there was a
strong bohemian trend that helped some of the retailers like Charlotte
Russe. There also has been (and this has been going on for a number of
years) a strong surf and skate trend, which I think has been helping
companies like Pacific Sunwear and Quiksilver.
Tickers included in this excerpt: AEOS, ANF, ARO, CHIC, FL, GPS, PSUN, WTSLA, ZQK
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