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Consequently, American Eagle stock was down 14% as of 1:20 p.m. ET. Sales are slow and management said the one word that investors didn't want to hear. Here's Why American Eagle Stock Plunged Today
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. American Eagle profit soars, but sales grow ...
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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.
In February 2006, American Eagle launched aerie lingerie, the company's first sub-brand. [2] The first stand-alone aerie store opened in August 2006 in Greenville, South Carolina [3] and was followed by two more test stores later that year. As of December 2010, there were 147 stand-alone aerie stores in the United States and in Canada. [4]
Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. [2] In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation.
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