Refinery29 -
16 Mar 2014 22:15
Photo: Courtesy of Aeropostale. Aéropostale has always played the underdog to clean-cut sibling staples American Eagle and Abercrombie & Fitch. But, lately, things have been looking particularly grim for the preppy-light brand. Friday, its stock plunged 20%, closing out at its lowest price in more than a decade. In the wake of reporting a rocky fourth quarter and yearly sales decline of 12% (down to $2.09 billion), the chain's shares quickly plummeted to a new low of $5.83. Given that Aéropost...
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