After rolling out its first standalone Cloudsteppers stores internationally last month, the first U.S. location of Clarks’ latest concept shop has landed in Texas. Located inside the La Palmera Mall in Corpus Christi, Texas, the 1,255-square-foot store follows other openings of Clarks’ newest retail concept in the cities of Shah Alam and Kuala Lumpur in Malaysia in November. More from WWD For Peter Quirke, Clarks vice president of retail in the Americas who just returned to the States after visiting the ...

Core Thesis - Abercrombie & Fitch Co. (ANF) is significantly undervalued despite a successful fashion turnaround, trading at a P/E of just 9 compared to global peers like H&M at 24 and Ralph Lauren at 22 [2][4] Brand Positioning and Market Strategy - The company has become a staple for young consumers, offering high-quality basics such as tees and hoodies, and effectively embracing and iterating on fashion trends [2][3] - Abercrombie's marketing strategy includes early adoption of influencer-driven affiliate campaigns on platforms like TikTok and Instagram, enhancing its cultural relevance with Gen Z [3] Growth Potential - The expansion of Abercrombie's retail footprint and the potential revival of the Y2K aesthetic through its sibling brand Hollister represent significant growth opportunities [3][4] - The company's strong product-market fit, disciplined trend execution, and effective marketing create a disconnect in valuation, presenting an attractive investment opportunity [4] Historical Performance and Valuation - Previous analyses highlighted ANF's undervaluation at a P/E of 7.4, with stock appreciation of approximately 12% since then, reinforcing the bullish thesis on the company's intrinsic value [5]