These retailers should be on your radar in 2016.
Some brands are coming back from rough years and are promising turnarounds. Others have demonstrated explosive growth, and will likely continue to thrive in the new year.
And some of these brands are popular with teens — the next generation of consumers.
Keep an eye out for what these brands do next year. They could make headlines.
This fall, Abercrombie was slated to be the comeback story of 2015. With a much more appealing selection -- and a hat tip from the fashionable blog The Man Repeller -- the company seemed to be on the right track. Comparable sales for the retailer's namesake store are still down, but the decline has been slowing down and beating analysts' expectations -- all of which are promising for the brand. Perhaps 2016 will be the year it fully executes a turnaround.
J. Crew is another brand that has been on the down-and-out this year. But in the middle of this year, a major corporate shakeup pulled Madewell's Somsack Sikhounmuong over to J. Crew. We'll see his big debut at Fashion Week in February 2016. Still, J. Crew's spring/summer 2016 show demonstrated promise and improvement. This fall, the company already proved that it was getting back to its roots with quality basics.
Adore Me has been demonstrating exponential growth. The company, which was named Inc.'s No. 2 retail company and No. 14 overall company on its prestigious Inc. 5000 list, is growing at a lightning fast pace. Inc. notes that the company has grown 15,606%. This is right on track with what Adore Me's director of business and brand development Sharon Klapka told Business Insider in this summer -- that its goal is to 'slay Victoria's Secret.'
Sweaty Betty -- Lululemon's more expensive, London-based competitor -- is expanding rapidly and threatening Lululemon's turf.
The company now has expanded its U.K. empire to the United States -- and only in upscale, trendy neighbourhoods. Sweaty Betty currently has units in Greenwich, Connecticut, Manhattan's trendy Soho neighbourhood, and Manhattan's fitness-obsessed Flatiron neighbourhood. Bloomingdale's in New York City and Short Hills also sells Sweaty Betty products. A store recently opened up in Los Angeles, and more are opening up in California.
Earlier this year, Racked asked if Everlane was 'the new J. Crew.'
Everlane has been around for a few years, but the brand has been gaining more traction as radical transparency -- one of the brand's core tenets -- has been gaining popularity amongst consumers. Its direct-to-consumer model helps keep prices competitive.
When Business Insider met with the company's filterless CEO, Erin Yogasundram, this fall, she said she was meeting with investors to potentially fund her already-successful Internet retailer. The company has been subject to ample criticism, but its target demographic -- teens who speak the language of the Internet -- love it, and Yogasundram's commitment to being herself is, is laudable.
Topshop has already taken the United Kingdom by storm, and it has several outposts in fashionable cities in the United States. But in April 2016, Topshop will debut its athleisure partnership with Beyonce, and nothing brings people together like Beyoncé.
Timberland is on track to nearly double its revenue by 2019, which means we'll likely be seeing some growth in 2016. Timberland's President, Stewart Whitney, told Business Insider in an interview that the brand has seen tremendous growth by zeroing in on a specific customer -- someone he calls the 'outdoor lifestyler.'
Aerie's comparable sales have been consistently positive, and in its most recent quarter, comparable sales were up 21%. This is largely attributable the brand's noble campaign, Aerie Real, which forgoes Photoshop.
'We are seeing more and more opportunity to strengthen the emotional connection with today's young woman. Our customers believe in what we stand for. Aerie Real and untouched models are the core to our brand DNA,' brand President Jennifer Foyle said on a recent earnings call.
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