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American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company that also owned and operated Silverman's Menswear.
Aerie, stylized as aerie, is an intimate apparel and lifestyle retailer and sub-brand owned by American Eagle Outfitters. [1] In addition to lingerie such as a wide variety of bras and other undergarments, the aerie line also sells dormwear, active apparel, loungewear, accessories and sleepwear. The aerie brand operates as a section in American ...
Sales rose to $1.14 billion, up about 6% from $1.08 billion a year earlier. American Eagle said its continuing to expect full-year operating income in the range of $445 million to $465 million ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
American Apparel closed all of its stores, a total of 110, in April 2017 after being acquired by Gildan Activewear. 2,400 workers were laid off. American Eagle Outfitters announced that it would close up to 200 to 250 mall-based locations in January 2021 while expanding its subsidiary Aerie significantly. Shares rose for the company afterward ...
American Eagle isn't the only shop facing the sharp end of the issue. In April this year, Whole Foods announced it was closing its flagship store in downtown San Francisco, citing employee safety.
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