United States Apparel Market Forecast Report to 2028 - Shein Continues to See the Strongest Growth of the Top 10 US Apparel Brands in 2024 [Yahoo! Finance]
American Eagle Outfitters, Inc. (AEO)
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Source: Yahoo! Finance
The report offers comprehensive insight and analysis of the US apparel market, the major players, the key trends and consumer attitudes. The apparel market in the US experienced muted growth in 2023 amid high inflation, rising by just 0.7% to $564.2 billion. Following a strong performance in 2022, driven by consumers' continued preference for convenience post-pandemic, the US online apparel market declined by 2% in 2023, with online penetration dropping by 0.8ppts to 30.5%, as shoppers enjoyed the experience of shopping instore. Shein continues to see the strongest growth of the top 10 US apparel brands in 2024, with its market share forecast to rise by 0.12ppts to 1.44%, surpassing Adidas to become the fourth biggest player. Report Scope The US apparel market's growth will increase slightly in 2024, as inflation eases and consumer sentiment begins to recover. In 2024, the online apparel market is projected to witness an uptick in demand, surpassing growth of the offline ch
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AEO
Earnings
- 8/29/24 - Beat
AEO
Sec Filings
- 10/18/24 - Form 4
- 10/16/24 - Form 144
- 10/3/24 - Form 4
- AEO's page on the SEC website