These are the 10 clothing brands that teens are obsessed with

Piper Jaffray's semiannual survey of teen spending habits found that younger consumers are spending more online and opting for smaller, boutique brands at the expense of larger brands like Nike and Target.

While teen spending decreased by 2% in the past year, fashion remained a priority, accounting for 38% of their shopping budgets. They also exhibited a greater preference for online shopping options, with 17% of respondents reporting that they shopped online — a 2% increase from last year.

The survey also indicated that teens are rejecting large, legacy brands in favor of smaller, more specialized options.

Here are the 10 most popular apparel brands among teens, according to Piper Jaffray's survey:

11 PHOTOS
10 most popular brands amongst teens
See Gallery
10 most popular brands amongst teens

10. Supreme

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. 

Photo credit: Getty

9. Urban Outfitters

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.

Photo credit: Getty

8. H&M

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.  

Photo credit: Getty

7. Lululemon

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.

Photo credit: Getty

6. PacSun

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.

Photo credit: Getty

5. Hollister

The beach-friendly brand has been a bright spot for Abercrombie & Fitch as the retailer continues to struggle.

Photo credit: Getty

4. Forever 21

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.

Photo credit: Getty

3. Adidas

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. 

Photo credit: Getty

2. American Eagle

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.

Photo credit: Getty

1. Nike

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.

Photo credit: Getty
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

 

More from Business Insider: 
Starbucks' Howard Schultz has been dogged by rumors about a presidential run for years — here's what baristas and other Starbucks workers think 
Teens say that Under Armour isn't cool anymore — and it's a huge crisis  
We visited the 'McDonald's of Russia' that's trying to take over America — here's what it was like

SEE ALSO: Teens say that Under Armour isn't cool anymore — and it's a huge crisis

Read Full Story

Markets

NASDAQ 6,862.48 71.76 1.06%
S&P 500 2,599.03 16.89 0.65%
DJIA 23,590.83 160.50 0.69%
NIKKEI 225 22,523.15 106.67 0.48%
HANG SENG 30,003.49 185.42 0.62%
DAX 13,155.60 -11.94 -0.09%
USD (per EUR) 1.18 0.00 0.24%
USD (per CHF) 0.99 0.00 -0.15%
JPY (per USD) 112.02 -0.32 -0.29%
GBP (per USD) 1.32 0.00 0.03%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.