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April 23rd, 2007

A Fashionable Corporation

Who would of thought, the same companies you look to for your stylish clothing are also being traded on Wall Street? In fact, a majority of today’s popular brands and stores is all publicly traded. Even more stores and brands can be included when you take into consideration that these businesses often have a lot of brands under them.

For example, take the recent uprising of Urban Outfitters Inc. On the surface, the company seems to be nothing more than 195 stores in the United States and a Web site loaded with clothing items, accessories, and apartment furnishings. However, Urban Outfitters Inc also runs nine stores in Europe, Anthropologie stores nationwide, and the Free People brand in the United States and Europe. And Urban is just one of many companies like this.

Abercrombie & Fitch, yes a publicly traded company, owns and operates Hollister and RUEHL brands. Bebe Stores Inc owns and operates all of their different bebe brands under the corporation. True Religion and Polo Ralph Lauren Company are currently corporate companies being traded on the market. Even Gucci, yes the high fashion work of Gucci, is being traded, on the Euronext market though. Nonetheless, the company does carry with it Sergio Rossi, Yves Saint Laurent, Alexander McQueen, Balenciaga, and Stella McCartney.

Before you get all uptight and irritated that some of your clothes, the ones that you thought were coming from small, boutique style labels, in fact, come from major corporations-don’t worry. All it really means is that the label carries more money behind its name, whereby they get more money for quality designers and material.  Besides, every company hasn’t gone and surely will not being going public.

Giorgio Armani, and all seven labels, still remains a private company. Diesel is another private company, currently holding the Diesel brand, 55-DSL, Diesel StyleLab, and Diesel Denim Gallery (good luck finding these jeans). 

This entry was posted on Monday, April 23rd, 2007 at 12:59 pm and is filed under Rags to Riches. You can follow any responses to this entry through the RSS 2.0 feed.

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