Can I Ship an Online Purchase to an American Eagle Store Near Me
Trade name | American Hawkeye |
---|---|
Type | Public |
Traded every bit | NYSE: AEO S&P 400 Component |
Industry | Retail |
Founded | 1977 (1977) |
Founder | Jerry Silverman Mark Silverman |
Headquarters | SouthSide Works U.Due south. |
Number of locations | 1,307 stores (Jan. 2021)[1] |
Expanse served | Worldwide |
Central people | Jay Schottenstein (Exec. Chairman and CEO)[2] |
Products | Dress, accessories, lingerie, personal care, footwear |
Acquirement | United states of america$3.759 billion (2020)[1] |
Operating income | US$−271.35 million (2020)[1] |
Net income | US$−209.27 million (2020)[1] |
Total assets | US$iii.435 billion (2020)[1] |
Total equity | United states of america$1.087 billion (2020)[1] |
Number of employees | 37,000 (Jan. 2021)[1] |
Website | ae |
American Eagle Outfitters, Inc., too known equally American Hawkeye, is an American lifestyle, clothing, and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman equally a subsidiary of Retail Ventures, Inc., a visitor that also owned and operated Silverman'southward Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee.[iii] American Eagle Outfitters is also the parent company of Aerie.[iv]
The brand targets male and female academy and loftier school students, although older adults also wearable the brand. Equally of January 2021, the company operated 901 American Eagle stores, 175 Aerie stores, and 2 Todd Snyder stores in the U.Southward., Canada, Mexico, and Hong Kong.[2] In 1977, the beginning American Eagle Outfitters store opened in Twelve Oaks Mall in Novi, Michigan.[5]
Some of the make's pop products are jeans, polo shirts, graphic T-shirts, boxers, outerwear, and swimwear.[half dozen]
Development [edit]
American Eagle's beginning was with the Silverman family unit, which owned and operated Silvermans Menswear. By the mid-1970s, two of the Silverman brothers—the 3rd generation of Silvermans in the family business—were running the family unit business. Jerry Silverman was the president and CEO, while his brother, Marker Silverman, served as executive vice-president and COO. The Silverman brothers were convinced they needed to diversify their production offerings in order to continue growing their company. They also recognized that the improver of new family-owned bondage would then enable them to operate more than one store in the aforementioned mall. Their starting time attempt was to open American Hawkeye Outfitters in 1977, positioning it as a proprietor of make-name leisure apparel, footwear, too as accessories for men and women, emphasizing merchandise suited for outdoor sports, such equally hiking, mount climbing, and camping ground.[7] Stores were set up in shopping malls and a catalog was established. The chain grew for much of the 1980s. In 1989, the owners decided to refocus their concern on American Eagle Outfitters, selling their other retail bondage. At that fourth dimension, there were 137 American Hawkeye Outfitters stores in 36 different states.
Despite the plans for quick growth later the reorganization, American Eagle Outfitters opened simply 16 new stores by 1991 and the company was losing money. At this point, the Schottensteins, who had been fifty% owners of the chain since 1980, bought out the founding Silverman family's involvement. This alter in leadership resulted in American Eagle finding its present niche: casual clothing for men and women selling private label wearing apparel.[ commendation needed ]
When the company began trading on the NASDAQ stock exchange in the second quarter of 1994, it had 167 stores and a good for you cash menstruation.[ citation needed ] With the greenbacks infusion from the IPO, the company opened more than 90 new stores within the adjacent twelvemonth. Several new executives joined the company in 1995 and '96, leading to another change in the target demographic.[ citation needed ] Over the side by side 5 years, revenues quintupled to $i billion by 2000.[three] AEO opened the first Canadian shop in 2000.[8]
As of January 30, 2016, the company operated 949 AEO brand stores, and 97 stand-lonely and 67 side-by-side Aerie stores located in shopping malls, lifestyle centers, and street locations in the United States, Canada, Mexico, Hong Kong, China, the United kingdom, and internationally.[two] The company had 21 franchised stores operated by franchise partners in ten countries.[4] On January 22, 2014, then-CEO Robert Hanson stepped downwardly[9] and Jay Schottenstein became interim CEO.[10]
Finances and operations [edit]
On March xv, 2005, the company adjusted its accounting of hire expenses and construction allowances later the Securities and Exchange Commission noted that a number of companies had been improperly logging these items.[11] Due to "disappointing production execution in the women'south category", American Eagle posted only a 3% gain in the 2013 2nd-quarter profits and the stock price dropped.[12]
Products [edit]
On 27 July 2020, American Hawkeye Outfitters revealed information technology is selling a new range of fitness habiliment called "Offline" past Aerie, targeted towards consumers who want apparel that tin exist used for both their workouts and relaxing.[13]
Corporate and headquarters [edit]
In mid-2007, American Eagle moved its headquarters from Warrendale, Pennsylvania, to a more urban location at the SouthSide Works complex in Pittsburgh. The cost of the buildings and adjacent belongings was approximately $21 million (excluding interior finishing and additional structure costs). The addresses of the buildings are "xix Hot Metallic Street" and "77 Hot Metal Street", with the numbers symbolizing the first shop opening in 1977. The facilities of the Southside Works Campus include a Private Garage, a Lab Store for each brand, Photograph Studio and in-firm Deli. Other offices are located in New York (Design and Production).[14]
Franchise agreement [edit]
In June 2009, the company signed the franchisee understanding with Thousand. H. Alshaya, one of the leading retailers of the Middle E.[15] The understanding saw the introduction of the first stores outside the North American market, with the first two opening in Dubai and State of kuwait on March 16 and 25, 2010, respectively and a store which opened on October 15, 2011, in Kaslik about Beirut, Lebanese republic, another store opening followed in June 2012 in Hamra Street, Beirut. Followed by some other shop located in Beirut City Eye, Hazmieh.[ commendation needed ]
Logistics [edit]
The company maintains distribution centers in Hazleton, Pennsylvania (U.Southward.), besides every bit Ottawa, Kansas (U.South.) and Mississauga, Ontario (Canada).[sixteen]
Stores [edit]
Items are placed on wooden shelving, tables, or clothes racks. The clothes in AEO Factory stores are hung on basic black hangers, and AEO stores have wooden hangers. There is usually a flat-screen television hanging in the back of the store or behind the cash wrap. The floors are typically wood or concrete. The theme and displays change based on seasonal lines and promotions.
Subsidiaries [edit]
aerie [edit]
In February 2006, American Eagle launched the aerie lingerie sub-brand, targeting the American 15- to 22-year-old female demographic segment.[17] In addition to lingerie such as a broad variety of bras and other undergarments, the aerie line sells dorm wear, agile apparel, loungewear, accessories and sleepwear. What started as a sub-brand apace became a standalone concept in its own correct, featuring a complete fitness line, called aerie f.i.t. The aerie brand is sold in American Eagle Outfitters stores, on-line through the American Hawkeye Web site, and in stand-alone aerie retail stores. The first stand up-solitary aerie store opened in August 2006 in Greenville, South Carolina,[18] and was followed by two more test stores later that year. As of Dec 2010, in that location were 147 stand-lonely aerie stores in the United states and in Canada.[19] Aerie has started a campaign that focuses on promoting their models' real bodies. This entails their slogan #AerieREAL and adding to their advertisements that models seen have non been retouched. Doing this is a mode that they have chosen to take a stand up against the utilize of photo manipulation in media. Iskra Lawrence, while she models for the lingerie line, is also the global role model for the brand.[20]
Martin + Osa [edit]
The visitor's second stand up-alone lifestyle concept, launched in 2006 and targeted men and women from 28 to 40 years of age.[21] Information technology featured cashmere sweaters and coincidental wear for an older target audition. It as well sold products by Fred Perry, Ray-Ban, Adidas, Onitsuka Tiger, and HOBO International. In March 2010, direction announced that all 28 Martin + Osa stores would exist closed, after a failed attempt at success in retail markets, causing AEO, Inc. to lose upwards to $44 million.[22] [23]
77kids [edit]
In October 2008, American Hawkeye released and launched 77kids, a line of clothing aimed at children from two to x years of age.[24] Initially an on-line merely concept, AEO opened its get-go 77kids store on July 15, 2010, in The Mall at Robinson in Pittsburgh, Pennsylvania,[25] and eight others followed that year. Expansion continued throughout FY2011. 77kids stores, targeted at younger children, featured interactive games and activities throughout the stores that children could play with while shopping.[26]
American Eagle Outfitters announced on May 15, 2012, that it would sell or shut all 22 of the 77kids stores by the end of July 2012.[27] [28] Robert Hanson, who became CEO in January 2012, said 77kids had a loss after taxes of roughly $24 one thousand thousand on sales of $40 million in the 2011 fiscal year. On August 3, 2012, American Eagle Outfitters completed the sale of its 77kids to Ezrani two Corp, a company formed by Ezra Dabah, the former Chairman and CEO of The Children'southward Identify.[29] Ezrani renamed the stores to "Ruum" in 2013.[30]
Tailgate and Todd Snyder [edit]
In Nov 2015, American Eagle Outfitters acquired Todd Snyder's eponymous label, equally well equally his Tailgate Article of clothing Company, a brand that centers around vintage-way collegiate apparel.[31] American Eagle initially focused on Southeastern Briefing and Big Ten colleges, hoping to gain more than popularity among its target demographic of teenagers and college students.[32]
Bluenotes' [edit]
Following its acquisition of Thiftys from Dylex, the 107 stores were rebranded as Bluenotes', in 2000, then subsequently sold off, in 2004.
Quiet Logistics [edit]
American Eagle Outfitters appear a $350 million acquisition of Quiet Logistics on November 2, 2021.[33] The acquisition was completed on December 29, 2021.[34]
International expansion [edit]
American Hawkeye opened its start Canadian store in 2001 after information technology purchased avails of Dylex. In 2010, AEO opened stores in Kuwait, Riyadh, and Dubai. A store in Kaslik about Beirut, Lebanon, was opened on October 15, 2011. A store in Cairo, Egypt, opened in belatedly 2011. In September 2011, two stores opened in Moscow, Russia. Its offset store in Jordan opened in November 2011 in the brand-new Taj Mall. Its first store in Tokyo, Japan opened on April 18, 2012. The first shop in Tel Aviv, Israel, opened in February 2012,[35] after the Israeli-based clothing retailer Pull a fast one on signed a contract with AEO and have expanded to Jerusalem.[36] Currently, at that place are also stores in Beijing, Shanghai and Hong Kong.[37] American Eagle Outfitters opened its first store in the Philippines in March 2013.[38]
American Hawkeye is also opening stores in Mexico. The kickoff opened in Mexico City at Fashion Mall Perisur on Feb 20, 2013, and at Centro Santa Fe in June. Another is scheduled to open up in Guadalajara after in 2013 at Style Mall Galerías Guadalajara.[39] In 2014 the company financed the rescue and renovation of the Jardín Edith Sánchez Ramírez pocket park in Mexico Urban center.
American Eagle has likewise expanded to the Uk in November 2014, opening stores in Westfield London, Westfield Stratford City, and Bluewater.[xl] The Westfield London store opened on November 14, 2014, the Westfield Stratford Metropolis store on November 17, 2014, and the Bluewater shop on Nov nineteen, 2014. All UK operations have now been ceased with their UK website airtight and all U.k. stores due to shut by the end of July 2017.[41] [42]
American Eagle Outfitters opened its showtime store in Muscat, Sultanate of Oman, on Oct 3, 2015.[43] The visitor made its debut in the Indian market in June 2022 with first store launched in DLF Mall of India, Noida.[44] Today, information technology operates 17 stores across the country.
AEO entered the Chilean market in September 2015, with the opening of its kickoff store in the Parque Arauco shopping heart. Later its arrival in the Chilean market, the visitor's expansion was concentrated in the capital of the country.
In 2019, American Eagle Outfitters became one of just two major vesture companies with commitments in line with the Paris Understanding'southward goal of limiting global boilerplate temperature increase to one.5 degrees Celsius.[45]
In 2020, American Eagle Outfitters opened their first store in Prague, Czechia in a factory outlet heart Fashion Loonshit Prague Outlet.[46]
New American Music Union [edit]
American Eagle was the principal sponsor of New American Music Union, a music festival at SouthSide Works in Pittsburgh on August 8 and ix, 2008.[47] The concert featured Gnarls Barkley, Spoon, The Raconteurs, and Bob Dylan and his band.[47] The festival, which had been planned as an almanac issue, did not return for a second twelvemonth because American Eagle had moved away from using music equally a marketing tool.[48]
Controversies [edit]
Strike [edit]
In 2004, textile and apparel workers spousal relationship UNITE Here launched the "American Vulture" back-to-school boycott of American Eagle[49] in protest of declared workers' rights violations at the visitor'south Canadian distribution contractor National Logistics Services (NLS). On the 2007 second-quarter conference call,[50] CEO James O'Donnell clarified the American Eagle's human relationship with NLS and its effect on business. He explained,
We endemic NLS with the acquisition of Braemar back in 2000, and nosotros after sold off NLS in 2006, and we are currently a customer of NLS... We take really no involvement at all with Unite Here and NLS. Our only involvement with NLS is basically every bit a customer, and there have been some allegations fabricated, I think, to some of, to the public about it affecting our business. I can tell you lot right now information technology has non affected our business organisation.
Abercrombie & Fitch lawsuits [edit]
Since 1999, Abercrombie & Fitch has sued American Eagle Outfitters at to the lowest degree iii times for allegedly copying its designs and its advertisements. On all occasions, American Hawkeye prevailed in court nether the argument that A&F cannot stop American Eagle from presenting like designs since such designs cannot be copyrighted in the Usa. Nevertheless, American Hawkeye clothing designs have since trended away in appearance from Abercrombie & Fitch designs. The merchandise offered by American Eagle is considered to be "retro/vintage" price-efficient clothing, whereas Abercrombie & Fitch merchandise has become an internationally known "near-luxury" line of wear with "preppy", high-grade, and high-priced fashions, on the same level with that of companies such every bit the Polo Ralph Lauren visitor.[51] Judges have generally ruled that giving Abercrombie sectional rights to marketplace its clothing in a certain style "would be anti-competitive." [52]
International stores [edit]
See as well [edit]
- List of S&P 400 companies
References [edit]
- ^ a b c d e f m American Hawkeye Outfitters, Inc. Form x-M for 2022 Annual Report. U.S. Securities and Exchange Commission (Report). Retrieved June 25, 2021.
- ^ a b c "AEO". finance.yahoo.com . Retrieved June 25, 2021.
- ^ a b History of American Eagle Outfitters, Inc. – FundingUniverse. Fundinguniverse.com. Retrieved on July 23, 2013.
- ^ a b "American Hawkeye Outfitters, Grade 10-K, Annual Report, Filing Date Mar 15, 2012" (PDF). secdatabase.com. Retrieved January v, 2013.
- ^ "American Eagle Outfitters - About AEO". American Eagle Outfitters. Archived from the original on January 27, 2022.
- ^ [ane] [ permanent expressionless link ]
- ^ "History of American Eagle Outfitters, Inc. – FundingUniverse". world wide web.fundinguniverse.com.
- ^ News, ABS-CBN. "American Hawkeye Outfitters opens first PH store". ABS-CBN News . Retrieved Jan 27, 2017.
- ^ Karr, Arnold J. (January 22, 2014). "Robert Hanson Exits American Eagle". WWD. Retrieved January 22, 2014.
- ^ Zaccagnini, Kristen (January 22, 2014). "American Eagle Outfitters Names Jay Schottenstein Interim CEO". Marketplace Lookout by the Wall Street Journal (reprinting BUSINESS WIRE). Retrieved Jan 22, 2014.
- ^ "American Eagle to restate results".
- ^ Young, Vicki One thousand. (Baronial 21, 2013). "American Hawkeye Posts 3% Proceeds in Q2 Profits". WWD. Retrieved August 21, 2013.
- ^ "American Eagle Outfitters Launches a New Brand, "Offline" Activewear". The Motley Fool. July 29, 2020. Retrieved Baronial 3, 2020.
- ^ "American Eagle Outfitters - Investor Relations - Printing Release". Retrieved Baronial 25, 2017.
- ^ "American Eagle Outfitters, Form viii-K, Electric current Study, Filing Date May 29, 2009". secdatabase.com. Retrieved January 6, 2013.
- ^ "American Hawkeye - Distribution Centers". Retrieved January xiii, 2016.
- ^ Moin, David (February 26, 2006). "American Hawkeye's Strategy for 'aerie' Intimates". WWD.
- ^ "American Eagle Outfitters Introduces New Line of Dormwear and intimates" (Press release). PRNewswire. August 17, 2006. Archived from the original on May 12, 2009. Retrieved March x, 2009.
- ^ "American Eagle Outfitters - Investor Relations - Press Release". Phx.corporate-ir.internet. Retrieved Nov 25, 2011.
- ^ "American Eagle Outfitters Men'south & Women's Vesture, Shoes & Accessories". American Hawkeye Outfitters. Archived from the original on January 29, 2017.
- ^ "American Eagle Outfitters, Form 8-K, Current Report, Filing Engagement Oct 24, 2005" (PDF). secdatabase.com. Retrieved January 6, 2013.
- ^ "American Eagle Outfitters, Class 8-One thousand, Current Report, Filing Date Mar 9, 2010" (PDF). secdatabase.com. Retrieved January 6, 2013.
- ^ "American Eagle to open up Martin + OSA store in Dallas". Dallas Concern Journal. January 3, 2006.
- ^ "American Eagle Outfitters, Course 8-Thou, Current Report, Filing Appointment Nov 7, 2008" (PDF). secdatabase.com. Retrieved January half dozen, 2013.
- ^ "77kids past american eagle Launches E-Commerce Web Site Offering "Child Absurd" Clothing and Accessories" (Press release). BusinessWire. October 23, 2008. Archived from the original on December 2, 2008. Retrieved November 28, 2008.
- ^ "Marketing to kids gets more savvy with new technologies - USATODAY.com". USATODAY.COM . Retrieved January 27, 2017.
- ^ "American Eagle Outfitters, Class eight-Thou, Current Report, Filing Date May 24, 2012". secdatabase.com. Retrieved January 6, 2013.
- ^ "american eagle sells 77kids business". www.bizjournals.com . Retrieved February 16, 2018.
- ^ "American Eagle Outfitters, Form eight-K, Current Report, Filing Date Aug 9, 2012" (PDF). secdatabase.com. Retrieved January 6, 2013.
- ^ "/ccpa/". TribLIVE.com.
- ^ American Eagle Acquires Todd Snyder in $11 Million Deal Women'due south Article of clothing Daily
- ^ "A New Look, and Label, for American Eagle Outfitters". Retrieved May 22, 2018.
- ^ Berger, Paul (November 2, 2021). "American Hawkeye Outfitters to Buy Quiet Logistics for $350 Million". Wall Street Periodical. Archived from the original on November 3, 2021. Retrieved November 3, 2021.
- ^ Borneman, Jim (Dec 31, 2021). "American Eagle Outfitters Completes Placidity Logistics Acquisition". Textile Earth . Retrieved Jan three, 2022.
- ^ "American Eagle coming to Israel - Israel Business organisation, Ynetnews". Ynetnews.com. June twenty, 1995. Retrieved Nov 25, 2011.
- ^ "The Gap will shut in Israel, and it's not just because of its clothes". The Times of Israel . Retrieved Jan 25, 2017.
- ^ "American Eagle Taking Flight to Nippon - Specialty Stores - Retail". WWD.com. Dec 21, 2010. Retrieved November 25, 2011.
- ^ "American Eagle Outfitters opens first PH shop". ABS-CBN News. March 2013. Retrieved July 10, 2013.
- ^ American Eagle en México: una posibilidad a corto plazo - Moda - Masaryk.tv | My Web Lifestyle. Masaryk.tv. Retrieved on July 23, 2013.
- ^ Ruddick, Graham. "American Eagle confirms UK arrival". Telegraph. Telegraph. Retrieved November 7, 2014.
- ^ "@AEO_UK". Twitter. American Eagle UK. Retrieved November 7, 2014.
- ^ "American Eagle is latest US brand to bring together flight from United kingdom of great britain and northern ireland". Drapers . Retrieved August iii, 2017.
- ^ "American Eagle Outfitters Launched in Oman". Dec 3, 2015. Archived from the original on Feb 17, 2018.
- ^ "American Eagle Outfitters opens the first store in Bharat". June xiv, 2018.
- ^ Cernansky, Rachel (October 17, 2019). "Merely two large brands exercise enough to fight climate change, report claims". Vogue Business . Retrieved May 5, 2021.
- ^ "Twenty-five new brands came to the Czech market last year". www.retailguide.cz. January 13, 2021. Retrieved July 15, 2021.
- ^ a b Mervis, Scott (August vii, 2008). "Cast of American Eagle'southward New American Music Wedlock festival set to soar on the Due south Side". Pittsburgh Post-Gazette.
- ^ Mervis, Scott (December 31, 2009). "The year in (local) rock". Pittsburgh Postal service-Gazette.
- ^ "www.americanvulture.org". world wide web.americanvulture.org. Archived from the original on Oct 11, 2011. Retrieved November 25, 2011.
- ^ Transcripts, SA (August 21, 2007). "American Eagle Outfitters F2Q07 (Qtr Finish 8/iv/07) Earnings Call Transcript". Retrieved August 25, 2017.
- ^ "American Hawkeye Wins Abercrombie & Fitch Lawsuit in U.S. Court of Appeals" (Press release). PR NewsWire. February 18, 2002. Archived from the original on December 2, 2008. Retrieved November 30, 2008.
- ^ "Abercrombie's Lawsuit Against Rival Dismissed". Los Angeles Times. July sixteen, 1999. Archived from the original on December i, 2008. Retrieved Nov 30, 2008.
- ^ "青山商事、「アメリカン・イーグル」全店閉鎖 年内に". The Nikkei. November 25, 2019. Retrieved January 1, 2021.
- ^ "PressReader.com - Connecting People Through News". www.pressreader.com . Retrieved August 25, 2017.
- ^ "AMERICAN EAGLE". www.isicgreece.gr.
- ^ "The Mall of Cyprus: Ανοίγει τις πόρτες του σε American Eagle, Flight Tiger, Holland & Barrett και Lynne". www.tothemaonline.com . Retrieved November 2, 2018.
External links [edit]
- Media related to American Eagle Outfitters at Wikimedia Commons
- Business data for American Hawkeye Outfitters:
- Google Finance
- Yahoo! Finance
- Bloomberg
- Reuters
- SEC filings
Source: https://en.wikipedia.org/wiki/American_Eagle_Outfitters
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