Rue21 Inc., which sells tank tops and graphic tees to teenagers at affordable prices, is shaping up to be the next target after private-equity investments in retail reached the highest amount since before the U.S. recession.
Companies from DreamWorks Animation SKG to American Eagle Outfitters Inc. are attractive takeover targets because they have cash-heavy balance sheets and their stocks have declined, said Morningstar Inc.
The worst U.S. crop conditions since the dust bowl era of the 1930s are tightening domestic supplies of cotton and boosting prospects for a rebound in prices that fell more than any other commodity this year.
When Kathleen Jordan stopped at a Victoria’s Secret a year ago to buy something for herself, the visit had an unintended consequence: her 13-year-old daughter got hooked on Pink, the lingerie brand’s young collegiate line.
Hurricane Sandy is threatening to reduce sales of clothing and holiday gifts during one of the most important shopping months of the year, while benefiting supermarkets and home-improvement stores such as Home Depot Inc.
Gap Inc. fell the most in 16 months amid speculation the biggest U.S. specialty-apparel retailer won’t follow rivals such as American Eagle Outfitters Inc. and Coach Inc. in paying special dividends or accelerating payments this year.