Hashtag famous: Lululemon (NASDAQ: LULU) is a new comeback with teens. After faltering to make a top 10 showing in Piper Jaffray's fall 2014 Taking Share With Teens poll, the yogawear maker shot up to No . 1.5 on the survey's list of uptrending names this spring, as teenagers move toward "athleisure" wear, preppy attire and leggings.
Among upper-income young adults, Lululemon remains a third-place lovable in activewear behind Nike but Under Armour.
The brand has had a troublesome couple of years, following a batch of too-sheer yoga pants and controversial ballyhoo from its founder, Chip Wilson. Sadly new CFO Stuart Haselden holds restored analysts' faith that the well-known still has legs.
Sterne Agee advanced the stock last week to buy in neutral after meeting with Haselden, good that ongoing margin and item sales growth was on the horizon. In Parade, sashay, Wedbush raised its price subject to 76 on expectations where it Lululemon will continue to beat earnings feedback this year.
Shares were down zero. 3% on the stock market today.
M Brands' (NYSE: LB) Victoria's Biggest also made a strong showing now with teens, hitting all-time chart élevé in the Piper Jaffray survey.
The house ranked fifth with upper-income young adults overall in apparel choices, ready from No . 10. Among upper-income females, the brand — whose Blue colored sub-brand caters to college-aged women — notched up four spots, to No . 2 behind fast-fashion lovable Forever 21.
The activewear but intimates apparel retailer also caused a notable four-spot leap inside No . 2 in fashion trends, available as crop tops and high-waisted underside drifted down the ranks.
Last week, Victoria's Secret and parent L Erectile dysfunction both reported 9% same-store item sales growth for March, with Sterne Agee calling the stock "a core holding in retail. lunch break
As activewear and athleisure connected a tight hold on teens, Nike consistently lead the pack.
Piper Jaffray advanced athletic market leader Nike (NYSE: NKE) on Wednesday to hefty from neutral and boosted the truck cover's price target to 115 in 101, as the sportswear giant consistently "fire on all cylinders" stylish and athleticwear.
Nike has topped record of preferred athletic brands at least four straight surveys and has detained on to the No . 2 spot next to Amazon (NASDAQ: AMZN) in lady favorite websites for three consecutive research.
In handbags, michael Michael Kors phone wristlet (NYSE: KORS) widened its lead when it comes to preference share with both upper-income but average-income teen girls, as Coach's (NYSE: COH) popularity continues to refuse. Kate Spade (NYSE: KATE) continued flat with upper-income female young adults but gained share with the average-income set.
Teens love iPhones, Netflix, but not hot for Apple Play
Big Retail Stocks: Can Lululemon Bring Back Fast Growth?.
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