Abercrombie & Fitch Co. (ANF - Get Report) is having a great week following its narrower than expected quarterly loss results and revenue beat. The company sees swimwear as an "emerging market" just weeks after fellow apparel retailer Victoria's Secret (LB - Get Report) announced that it is exiting the segment.
Intimate wear, a Victoria's Secret staple that won't be going away anytime soon, was also listed by Abercrombie CEO Fran Horowitz as a category that experienced "aggressive growth."
Abercrombie shares were rising more than 2% premarket and have increased more than 22% this week.
More of What's Trending on TheStreet: