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Stock impact report

Macy's aims at new category with Verona line [Seeking Alpha]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Macy's aims at new category with Verona lineMacy's (M-3.4%) is the latest retailer to look to the Middle East forgrowth with its new Verona women's line."Verona Collection offers a unique and understated elegance through everyday essentials designed for versatility and comfort, and through our partnership, we can better serve our customer looking for modest fashion,"notes Macy's fashion exec Cassandra Jones.Retail Dive notes that Muslin women and girls are a growing niche with global potential ,including in the U.S. with upwardly mobile Muslim consumers.Amazon, Nike and American Eagle Outfitters have also entered the category due to the strong potential for profit.Click to subscribe to real-time analytics on MNow read:10 Reasons Why Macy's Will Be $40 In 2020 » Show less Read more
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