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About American Eagle Outfitters
American Eagle Outfitters is a retailer of clothing and accessories of America, headquartered in Pittsburgh Southside Neighborhood Works, Pennsylvania. It was founded by two brothers, Jerry and Mark Silverman is a subsidiary of Retail Ventures, Inc., a company that also owns and operates Silverman's Menswear. The Silvermans sell their ownership interests to Jacob Price Knoxville, TN. American Eagle Outfitters is the parent company of the former Aerie children.
The brand targets year old men and women, with 911 stores American Eagle Outfitters and Aerie 158 independent stores. the American Eagle Outfitters store first opened at Twelve Oaks Mall in Novi.
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Some products of popular brands is low-rise jeans, polo shirts, graphic T-shirts, Henley shirts, boxers and briefs, pants jackets, and swimwear.
American Eagle's head with the Silverman family, which owns and operates Silvermans Menswear. In the mid-1970s two brothers-from Silverman's third generation of the family business Silvermans are activities of the family business. Jerry Silverman, chairman and CEO, while his brother Mark Silverman, former chief executive vice president and COO. The Silverman brothers were convinced that they need to diversify their products and services to continue to grow their company. They also found that the addition of new family owned chain will then allow them to operate more than one store in the same shopping center. Their first attempt was to open American Eagle Outfitters its position as an owner of the entertainment brand apparel, shoes, and accessories for men and women , emphasizing goods suitable for outdoor sports like hiking, climbing, and was founded in camping.Stores malls and stores are established. Streak for months the owners decided to refocus its business on American Eagle Outfitters, selling their other retail chains. At that time, there were American Eagle Outfitters stores including the United States American Eagle Coupons 2017.
Although plans for rapid growth after the reorganization, American Eagle Outfitters is only open and the company was losing money. At this point, the Schottensteins, who was a 50% owner of the chain since , acquired the interest of the founding family Silverman. Change of leadership has led to the current American Eagle find niche: casual clothing for men and women selling private label clothes. AE open first stores in Canada in .
When the company began trading on the NASDAQ stock exchange second quarter of , it had 167 stores and a healthy cash flow. TV cash from the IPO, the company opened 190 new stores in the next year. Several new executives joined the company , leading to a change in the target audience. Now the company wants to reach more women and focuses on people aged between . The strategy worked, and in the next five years, revenue quintupled American Eagle Outfitters American Eagle operate 911 stores, 158 aerie stand-alone stores and 21 shop 77kids. The company also has 21 franchised stores operation of franchise partners in 10 countries. then-CEO Robert Hanson and Jay Schottenstein stepped down to become interim CEO.
Finance and operations
the Company has adjusted the accounting cost of rent and construction allowances after the Securities Commission and Exchange noted that some companies have been improperly posted this item. Because "performed disappointingly in the category of women", American Eagle just posted a 3% increase second-quarter profit and stock price fell.
Shops and other brands
Items placed on wooden white shelving, desks, shelves or clothing. Clothing store large quantities of wood hanging from hooks, and stores with lower volume black basic hook. There is also often a sofa / chair in the back of the store, usually along with a flat screen television. The floors are often wooden or concrete. The theme and display changes based on seasonal lines and promotions. Music is played at a quiet volume to cater for older people