Lululemon, American Eagle log strong sales in discount-heavy holiday season – ET Retail
Several apparel retailers including Lululemon, Abercrombie & Fitch and American Eagle received a holiday-quarter sales lift on resilient demand from cost-conscious shoppers but heavy discounting raised fears of a margin hit at some firms. Retailers like Amazon and Target discounted their wares both early and at steep levels for the holiday season as they tried…