Fiscal 2004 revealed a shifting in rankings for some of the most well-known specialty retailers. Urban Outfitters and American Eagle Outfitters moved up the most in ranking from last year, while on the negative side, Wilsons, Talbots and Hot Topic...
Fiscal 2004 revealed a shifting in rankings for some of the most well-known specialty retailers. Urban Outfitters and American Eagle Outfitters moved up the most in ranking from last year, while on the negative side, Wilsons, Talbots and Hot Topic lost the most standing. With the addition of New York & Co. to the specialty space last October, Wet Seal Inc., which had a challenging year, was dropped.
Top 20 publicly traded specialty retailers ranked by annual volume.*
1. GAP Volume: $16.27 billion, up 2.6 percent Last year's rank: 1 Net income grew 12 percent to $1.2 billion for the fiscal year ended 2004, the highest in Gap's 36-year history.
2. LIMITED BRANDS INC. Volume: $9.41 billion, up 5.3 percent Last year's rank: 2 Company founder and chief executive officer Les Wexner has reigned at this Columbus, Ohio, retailer, whose stores include Victoria's Secret and Bath & Body Works, for 42 years.
3. CHARMING SHOPPES INC. Volume: $2.33 billion, up 2 percent Last year's rank: 3 Profits are up 70 percent in the past year for this plus-size specialty retailer, whose stores comprise Lane Bryant, Fashion Bug and Catherines.
4. ABERCROMBIE & FITCH CO. Volume: $2.02 billion, up 18.4 percent Last year's rank: 4 The store count for Abercrombie & Fitch totals 788 in the U.S. — this encompasses the 113 opened in 2004. It's now eyeing overseas markets.
5. AMERICAN EAGLE OUTFITTERS INC. Volume: $1.88 billion, up 31.1 percent Last year's rank: 7 Although stores are primarily in the U.S. and Canada, American Eagle's next plan is to expand via its e-commerce Web site. AE.com has begun shipping internationally to 24 countries.
6. ANN TAYLOR STORES CORP. Volume: $1.85 billion, up 16.7 percent Last year's rank: 6 The Ann Taylor name is marketed under three divisions, which include Ann Taylor (360 stores), Ann Taylor Loft (358 stores) and Ann Taylor Factory (38 stores).7. TALBOTS INC. Volume: $1.7 billion, up 6.5 percent Last year's rank: 5 Founded in 1947, Talbots serves a customer niche of women ages 35 and older. Approximately 70 percent of Talbots' audience has a college education, and the majority are professionally employed.
8. CLAIRE'S STORES INC. Volume: $1.28 billion, down 12.9 percent Last year's rank: 9 Jewelry sales accounted for 56 percent of total net sales for this retailer, which provides value-priced accessories, jewelry and cosmetics for preteens, teenagers and young adults.
9. GOODY'S FAMILY CLOTHING INC. Volume: $1.27 billion, up 3.3 percent Last year's rank: 8 In March, Goody's was ranked third as one of the top specialty retailers where women shop, according to a study conducted by BigResearch, a consumer intelligence firm.
10. PACIFIC SUNWEAR OF CALIFORNIA INC. Volume: $1.23 billion, up 18.1 percent Last year's rank: 10 During fiscal 2005, Pacific Sunwear plans to open 20 new stores in malls in the U.S., pushing its store count to more than 1,100 across the country.
11. NEW YORK & COMPANY INC. Volume: $1.04 billion, up 8.1 percent Not ranked last year. This NYC-based moderately priced women's apparel retailer makes its debut at number 11 this year, after its initial public offering on October 7.
12. CHICO'S FAS INC. Volume: $1.01 billion, up 38.8 percent Last year's rank: 11 Tapping into a market for older women has helped this Fort Myers, Fla.-based retailer's stock price increase by more than 200 percent from just three years ago.
13. AEROPOSTALE INC. Volume: $964.2 million, up 31.2 percent Last year's rank: 12 Aeropostale's brand was originally established by Macy's in the early Eighties, targeting men in their 20s. Today, this independent retailer's focus includes young women and men ages 11 to 20.14. URBAN OUTFITTERS INC. Volume: $827.8 million, up 50.9 percent Last year's rank: 16 Holiday comp-store sales all saw an increase for November and December at Anthropologie, Urban Outfitters and Free People. Sales were up 18 percent, 11 percent and 64 percent, respectively.
15. THE CATO CORP. Volume: $773.8 million, up 5.7 percent Last year's rank: 13 WWD said in March that Cato recently has begun placing extra emphasis on appealing store environment and customer service for its 950 stores in the U.S.
16. TOO INC. Volume: $675.8 million, up 12.9 percent Last year's rank: 14 Originally a subsidiary of Limited Brands Inc., Too Inc. was successfully spun off in 1999. Since then, stock is up 50 percent.
17. HOT TOPIC INC. Volume: $656.5 million, up 14.8 percent Last year's rank: 15 This mall-based chain caters to teenage boys and girls. It also claims that the latest fashions are inspired from music videos, concerts and music magazines.
18. COLDWATER CREEK INC. Volume: $590.3 million, up 13.8 percent Last year's rank:18 NPD Group, a leading marketing information provider, said that women 35 and older spent in excess of $45.8 billion on apparel in 2004. Coldwater's target audience? Women, ages 35 to 60.
19. GUESS INC. Volume: $518.9 million, up 15.9 percent Last year's rank: 20 In 2004, Guess launched Marciano, a more expensive clothing line for contemporary, upscale consumers. Seven stores featuring the line exclusively are expected to open in 2005.
20. WILSONS THE LEATHER EXPERTS INC. Volume: $441.1 million, down 15.3 percent Last year's rank: 17 In the spring of 2003, this leading retailer of leather outwear launched its exclusive line of Dale Earnhardt Incorporated clothing, which is targeted toward NASCAR's 75 million fans.Source: *Companies that reported full-year results on the common retail fiscal calendar Source: Company reports
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast