This Teen Retailer Has Doubled in Size in 5 Years
Clothing retailer American Eagle Outfitters (NYSE: AEO) isn't exactly a name you'd associate with women's intimate apparel, but it also owns the Aerie brand. That's been a huge boon, even amid the tough times retail has faced from coronavirus headwinds. If you're looking for a fast-growing retailer but worry about the risks inherent in an upstart, American Eagle and Aerie could be the right mix for you.
At one point, Victoria's Secret (NYSE: VSCO) was the name to beat in the women's intimates arena, including its teen-focused PINK brand. In recent years, however, Victoria's Secret has struggled. In fact, it was such a drag on Bath & Body Works that L Brands, which owned the two retailers, eventually spun Victoria's Secret off as a separate company after failing to sell it. It then renamed itself after its fast-growing Bath & Body Works nameplate.
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Source Fool.com
