Forever 21 and American Eagle Outfitters Inc. are set to return to Japan after both U.S. fast-fashion brands exited the market in 2019, according to company announcements on Wednesday. Forever 21 will begin e-commerce sales next February and open a physical…
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…
All American Eagle and Aerie stores in Japan are set for closure by year-end. Eagle Retailing Corporation, the Japanese partner of American Eagle Outfitters, said it is shutting down all American Eagle and Aerie stores including its digital business in Japan…
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 fashion retailer American Eagle Outfitters is about to quit the Singapore market. At a closing-down sale at at its Suntec City outlet, staff members have confirmed that the store’s closure on Wednesday will mark the end of the brand’s presence in…
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…
After three years trying to crack the UK market, US fashion retailer American Eagle Outfitters is heading home. The Daily Telegraph reports online that stores at Bluewater shopping centre in Kent, Westfield Stratford and Westfield Shepherd’s Bush have all…
High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open…
South Korea’s Hyundai Department Store is buying trading company SK Networks’ fashion business for KRW326.1 billion (US$284 million). When the purchase is complete, probably by February, SK Networks (SKN) will no longer have interests in the fashion industry.…
US apparel retailer American Eagle Outfitters has announced new parnerships to enter two new Asian markets. In Singapore, AEO has partnered with Trendz 360 and in South Korea with SK Networks Co. Stores will open in both markets this calendar year. The…