Categories: Business

Gap, American Eagle fall as weak apparel demand signals constrained consumer spending

By Akriti Shah May 29 – Shares of apparel makers Gap and American Eagle Outfitters dropped 15% and 10%, respectively, in premarket trade on Friday after weak annual forecasts, as consumers curb

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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