Ashley Lutz
Michael Buckner / Getty Images
Millennials are set to become the largest group of consumers in America.
Ad agency Moosylvania asked 1,500 millennials — defined as 20- to 35-year-olds — to vote for their
favorite brands.
We broke out the results to show which clothing and footwear brands dominate among this subset.
15. Aeropostale
Headquarters: New York, New York
% change in votes from last year's ranking: -31%
Why it's hot: Despite falling out of favor with the
teen set, Aeropostale still maintains some loyalty with the
20-somethings who wore it in high school. The brand's status, however,
is falling fast as young people increasingly move away from logos.
14. Under Armour
Headquarters: Baltimore, Maryland
% change in votes from last year's ranking: -27%
Why it's hot: Under Armour has exploded in
popularity in recent years thanks to signing famous athletes like
Stephen Curry and smart marketing of its performance wear. But the brand
faces steep competition from Lululemon, which is expanding its men's
line, and Nike, which continues to dominate the space.
13. Chanel
Photo by John Davisson/Invision/AP
Headquarters: Paris, France
% change in votes from last year's ranking: New to list
Why it's hot: The luxury brand's outlandish fashion
shows, which included an elaborate grocery store, tend to go viral on
social media. Models like Kendall Jenner and Cara Delevingne give the
legacy brand modern relevance.
12. Levi's
Levi's Facebook page
Levi's commuter jeans. The brand says the pants are soft and flexible, much like the athletic attire that is gaining popularity.
Headquarters: San Francisco, California
% change in votes from last year's ranking: -18%
Why it's hot: Levi's has benefitted from young
consumers' tendency to wear denim and casual clothing to work. But now
many millennials are abandoning denim entirely, choosing to wear
athletic attire instead.
11. Victoria's Secret
Headquarters: Columbus, Ohio
% change in votes from last year's ranking: -4%
Why it's hot: Victoria's Secret is the undisputed
leader of the lingerie market, controlling 35%. The company's marketing
strategy, which includes its famous Angels, is seen as one of the best
in the business. Lately, Victoria's Secret has received some criticism
for not offering plus sizes.
10. Forever 21
Michael Buckner / Getty Images
Headquarters: Los Angeles, California
% change in votes from last year's ranking: -30%
Why it's hot: Forever 21 offers fast fashion at
unbeatable prices and has expanded tremendously in two decades. However,
many millennials are choosing to invest in a few quality pieces rather
than buying cheap clothing, threatening Forever 21's dominance.
9. Ralph Lauren
Headquarters: New York, New York
% change in votes from last year's ranking: 74%
Why it's hot: Ralph Lauren's brand is available at
more than 11,000 stores worldwide. The brand has become more active on
social media and hired Sports Illustrated cover model Hannah Davis to
model its resort collection
8. Van's
Headquarters: Cypress, California
% change in votes from last year's ranking: -13%
Why it's hot: Vans started out selling skater shoes,
but has since gone mainstream. The company has benefitted from athletic
footwear becoming more fashionable than dress shoes.
7. Converse
Headquarters: Boston, Massachusetts
% change in votes from last year's ranking: -11%
Why it's hot: Converse has seen sales boom as more
millennials wear sneakers to work and other occasions. Athletic apparel
and footwear is set to outperform the industry for the next five years,
according to Morgan Stanley.
6. JCPenney
Headquarters: Plano, Texas
% change in votes from last year's ranking: 41%
Why it's hot: JCPenney has been working to execute a
turnaround, and it's having success. According to research firm Piper
Jaffray, the department store is the third-most-popular among female
shoppers.
5. Macy's
Kena Betancur/Getty
People enter the Macy's store at the Newport Mall on November 27, 2014, in Jersey City, New Jersey.
Headquarters: Cincinnati, Ohio
% change in votes from last year's ranking: 259%
Why it's hot: Millennials are spending less money on
clothes, which is bad news for Macy's. In order to attract younger
shoppers, the brand has been investing in trendier clothing lines and
other categories like home goods and cosmetics. It also plans to open a
lower-priced store similar to Nordstrom Rack.
4. Adidas
Headquarters: Herzogenaurach, Germany
% change in votes from last year's ranking: -7%
Why it's hot: Adidas is going to start offering customized shoes to appeal to millennials. It also
is working to
reduce the time between when products are designed and when they hit
shelves. Still, the brand continues to lose market share to Nike.
3. Jordan
Headquarters: Beaverton, Oregon
% change in votes from last year's ranking: 45%
Why it's hot: Many of Nike's Jordan-brand sneakers
are prominent on
the billion-dollar reselling market. A growing culture of so-called
sneakerheads buy collectible footwear on eBay, Craigslist, and other
sites.
2. Target
Headquarters: Minneapolis, Minnesota
% change in votes from last year's ranking: 21%
Why it's hot: Target invented the idea of "cheap
chic" two decades ago. Today, the company is revamping its clothing
selections for millennials through designer collaborations, most
recently with Lilly Pulitzer.
1. Nike
Headquarters: Beaverton, Oregon
% change in votes from last year's ranking: no change
Why it's hot: Data also shows that millennials
believe exercise is essential for health, while their parents only
focused on diet, and Nike is the go-to brand, holding 62% of the
athletic-shoe market. "Increased activity leads to increased athletic
apparel and footwear spending," the analysts write. "We see athletic
footwear and apparel as more than a fashion trend."
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