American Eagle news and archive

AEO Inc. reports growth across all brands for Q3

AEO Inc. reported an increase of 3 percent in total comparable sales for its third quarter, following a 5 percent growth in comparable sales during the same period last year, highlighting the success of the company’s profitable growth plan. The parent company of American Eagle and Aerie, AEO Inc., reported a 1 percent decline in total net...

Business

American Eagle subsidiary Quiet Platforms announces partnership with JLL

Quiet Platforms, a wholly owned American Eagle Outfitters Inc. subsidiary, has announced its partnership with the real estate company Jones Lang LaSalle Incorporated (JLL). In December 2022, the companies announced their cooperation for the new year to accelerate the opening of new fulfilment centres in the US to serve brands in the supply chain...

Retail

American Eagle and Aerie Carnaby store openings fall through

The highly anticipated UK store debuts for American Eagle and Aerie have been scrapped after the brands’ licensee company AEO EU descended into liquidation in January. The US fashion brands were set to open their first stores in the country at London’s Carnaby location in December. However, the brands’ owner American Eagle decided to terminate...

Retail

Aerie and American Eagle to open in Carnaby, London

Shaftesbury PLC, the retail investment trust, has announced that Aerie and American Eagle stores are set to open in Carnaby, London. Both stores will be located at Foubert’s Place and are due to open December 2021. Aerie will occupy a 1,630 square feet space over two floors, while American Eagle’s store is to be 3,888 square foot and will extend...

Business

American Eagle defers Q1 dividend payment, furloughs employees

American Eagle Outfitters, Inc. has announced that in response to ongoing store closures due to COVID-19, the company is taking a series of actions to preserve financial strength including a suspension of its share repurchase program and deferred payment of the first quarter cash dividend; temporary furloughs of store, field and corporate...

Fashion

American Eagle taps into tech for Giving Tuesday

While the Black Friday weekend has evolved and expanded into Cyber Monday for the online shopping movement, it now continues on to Giving Tuesday, a day where brands celebrate giving back to communities. This year, American Eagle is joining in by encouraging its consumers to participate. The American clothing brand has launched an exclusive...

Business|ANALISYS

Market favors American Eagle’s pledge to become carbonneutral by 2030

New York – U.S. retailer American Eagle Outfitters Inc (AEO) has unveiled its new sustainability goals which include becoming carbon neutral by 2030. The announcement has added to Wall Street’s positive outlook for the retailer’s stock. American Eagle explained in a corporate release on Monday that this pledge covers all of its owned and...

Retail

American Eagle to offer cannabis-based products

American Eagle Outfitters Inc. will be selling personal care products infused with cannabidiol (also known as CBD) in the United States. According to a press release from Green Growth Brands Inc., the retailer put in an order at the cannabis company for these products. These products were developed exclusively for American Eagle, and include a...

Business

American Eagle Outfitters to expand presence throughout Europe

American Eagle Outfitters, Inc. has inked a multi-year license agreement with AEO EU, a partnership of European brand builders, led by Sunil Shah, to expand its American Eagle and Aerie brands throughout Europe. The company said, AEO EU team has more than 30 years of experience launching and growing brands across European markets through a...