Lululemon And A E Ropostale Are Expected To Disappear By The End Of 2015.
< p > a href= "http://sjfzxm.com/news/index_f.asp" > every year < /a > will predict the ten most likely US brands to disappear in the coming year. In the latest list released in 2015 last week, yoga wear retailers Lululemon Athletica Inc. (NASDAQ:LULU) and young clothing retailer A ropostale ropostale are listed.
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< p > Lululemon Athletica Inc. (NASDAQ:LULU) and A e ropostale Inc. (NYSE:AEO) belong to the companies in the retail industry who are so bogged down that they can only survive by selling.
The problem with Lululemon Athletica Inc. (NASDAQ:LULU) is that since the massive recall of pparent yoga pants in March last year, the problem has been constantly failing, and it is difficult to cope with the fierce competition from the leading industries of Gap Inc. (NYSE:GPS) and the Nike Inc. (NYSE:NIKE) Nike group.
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< p > > a href= "http://sjfzxm.com/news/index_z.asp" > Lululemon < /a > Athletica Inc. (NASDAQ:LULU) recorded a net profit of $19 million in the first quarter ended May 4th, a sharp decrease of 59.8% compared with the same period last year of $47 million 300 thousand, and total revenue increased by 11% to 384 million 600 thousand yuan per annualized rate, higher than the analyst's forecast of 381 million US dollars, of which the total sales of the same store increased by 1%, and the total sales volume of the electronic business was 25%.
Lululemon Athletica Inc. (NASDAQ:LULU) founder and the largest shareholder, Dennis "Chip" Wilson, who lost the presidency of the board, are likely to combine private equity funds to privatize Lululemon Athletica Inc. (NASDAQ:LULU).
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< p > the share of A ropostale Inc. (NYSE:AEO) in the sale of casual wear has been greatly eroded by the fast fashion brands such as H&M and Forever 21. It is also the lowest competitive company among the three largest youth apparel retailers including Abercrombie Fitch Co. (NYSE:ANF) and Co. (NYSE:AEO).
A e ropostale Inc. (NYSE:AEO) has recorded a loss for five consecutive quarters. In the first quarter ended May 3, 2014, the company's revenue fell by 12.5% to $395 million 900 thousand, while same store sales shrank by 13%. Net loss increased to 76 million 782 thousand US dollars from 12 million 168 thousand US dollars a year earlier, and net cash was only $24 million 500 thousand, the lowest level since 2000.
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< p > > a href= "http://sjfzxm.com/news/index_p.asp" > A e ropostale Inc < /a >. (NYSE:ARO) had to start the cost reduction plan, reduce 100 employees of New York headquarters in fiscal year 2014 and close 125 P.S. from children's wear shopping center stores, which is expected to save 3000-3500 dollars in pre tax expenditure.
The company has announced in March that it will close 52 A e ropostale stores in the current fiscal year.
A e ropostale Inc. (NYSE:ARO) has plunged 77.8% in the past 12 months.
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< p > the selection of the list of the ten major US brands sold before the end of 2015 is based on the decline in sales and the expansion of losses, the rise in costs can not be offset by price increases, the market share shrinks, and most customers lose.
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