American Eagle Outfitters, Inc. (AEO) reported GAAP operating income of 4 million dollars for the fourth quarter compared to 0.5 million dollars for the same quarter last year. The company’s adjusted operating income was 106 million dollars compared to 77…
Global apparel retailer American Eagle is boosting its Aerie lingerie brand, with plans to open 60 to 75 stores this year. The strategy, which coincides with rival brand Victoria’s Secret’s declining sales and series of store closures, involves both…
US retailer L Brands has agreed to transfer full ownership and operations of its Canadian-headquartered La Senza lingerie brand to a Regent LP affiliate. Upon completion, the private equity investor will assume La Senza’s debts and all future considerations…
Inside the Aerie pop-up shop in Soho, the body positive, post-Victoria’s Secret message that has become the brand’s calling card since it released its first photoshop-free campaign in early 2014 is perfectly packaged up and displayed on walls covered in…
One year ago, American Eagle Outfitters sales were flat – and it exited the Singapore market. Now the US apparel brand has reported a 14 per cent year-on-year increase in sales in its second quarter to US$965 million, with same-store sales up 9 per cent. New…
Third quarter American Eagle results may be mixed, but they point to a company that is holding its own in a challenging market. There are, however, some negative numbers, such as the erosion on the bottom line, that signal the company has much more work to do…
Victoria’s Secret parent L-Brands has kicked off its new fiscal year with a reasonable set of numbers. However there is a distinct softness to the total growth rate which is significantly down on the last quarter even against a fairly reasonable prior year…