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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.
Promenade Saucon Valley (formerly The Promenade Shops at Saucon Valley) is a lifestyle center that is located in Center Valley, Pennsylvania. [2] Major stores include American Eagle Outfitters, Banana Republic, Barnes & Noble, Brooks Brothers, Fresh Market, Old Navy, and AMC Theatres with sixteen screens, including an IMAX theater.
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]
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American Eagle has been witnessing sustained momentum across its brands and channels. This led to year-over-year revenue growth of 17% and 15% on a two-year basis in fourth-quarter fiscal 2021.
Aéropostale mainly competes with other outfitters, Abercrombie & Fitch and its subsidiary retailer Hollister Co., and American Eagle Outfitters as well as a few smaller brands. Aéropostale's younger brand, P.S. from Aéropostale, competed with brands such as A&F's younger subsidiary Abercrombie Kids and, formerly, American Eagle's 77kids.
It also holds an ownership interest in American Eagle Outfitters, Wehmeyer in Germany, Cold Stone Creamery, The Mazel Company, Gidding-Jenny, [3] Shiffren Willens jewelry stores, and Sara Fredericks boutiques. [4] Schottenstein had operated the chain of Value City discount department stores.
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