Though its popularity among teens has slipped in the past few years, Nike remains their top choice by a significant margin, with over double the market share of second-place American Eagle. That being said, the growth of Adidas has the company on edge.
Not only does the retailer continue to post strong sales numbers in a challenging retail environment, it also promotes body positivity by refusing to Photoshop the models in its ad campaigns.
The Piper Jaffray survey comes at a good time for an apparel company that's become involved in one of the biggest scandals in the history of college sports. It remains to be seen whether the negative publicity will affect Adidas' standing with teens over the next year.
Forever 21 has shown it understands millennials with its recent, well-received collaboration with Taco Bell. But frequent claims of copyright infringement may end up spelling trouble for the company.
The beach-friendly brand has been a bright spot for Abercrombie & Fitch as the retailer continues to struggle.
Despite filing for bankruptcy in 2016, PacSun remains popular among teens. Continuing to attract young customers will likely put it on the path toward long-term stability.
Lululemon has been able to thrive while other athleisure companies struggle thanks to innovative products and increased international and online sales. It remains to be seen if the emergence of Amazon as a possible competitor will hurt its growth.
The retailer has faced criticism for its inconsistent sizing, confusing and frustrating customers with clothes that are much smaller than their printed size indicates. It claimed 3% of market share among the teens who were surveyed by Piper Jaffray.
As the brand has grown, it has struggled to maintain its edgy reputation, and sales have sagged. Urban Outfitters has fallen four spots in the survey in the past year.
The streetwear brand has exploded in popularity over the past five years, collaborating with popular artists like Gucci Mane and designers like Louis Vuitton. It was recently valued at $1 billion and cracked the top 10 of Piper Jaffray's list for the first time.
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