I would further add, the addition of stores and offices is not a negative. The price point appeals to a massive market and as for teens, I can't see a lot doing price comparisons just as I don't see them using coupons when grocery shopping. I just paid a $100 for a D&G t-shirt. Younger crowd is just as silly!! upside surprise earnings should continue and PE should expand.
the moved down three stores into a neighborhood deli/liquor store. Where all the kids you to go to buy sandwiches, candy and treats for the beach. It had been there forever. Who know's maybe they made an offer the deli owner couldn't refuse, they had a prime location.
You are right people will pay a lot of money to feel cool. I learned that it's not the clothes you wear it's who is inside them that really matters. I am fortunate enough that I look good in anything, but whatever..
You can keep your finger crossed that people will continue to overpay. It's business, right.