By  on August 25, 2010

From paring its store count and inventories to looking for expansion opportunities overseas, the key themes in apparel retailing were on display at American Eagle Outfitters Inc.

The Pittsburgh-based company on Wednesday said it would close 50 to 100 stores in the next two to five years as it reported that second-quarter net income fell 66.2 percent following markdowns to clear an aggressive position in tops and the closure of the 28 Martin + Osa stores.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus