The collection marks the intimates brand’s first collaboration with an accessories firm.
Approximately 20 percent of the company’s retail division will be let go.
The two groups will host a virtual event to honor this year’s top-performing brands and individuals in the intimates apparel industry.
The virtual event kicks off Express’ Dream Big Project, which helps a variety of organizations in need.
The move comes as a number of companies and brands try to take share in the growing activewear market.
The deal gives parent company L Brands a minority stake in Victoria’s Secret’s U.K. business.
Meanwhile, the reality star-turned-entrepreneur responds to backlash over her upcoming maternity solutionwear line.
Meanwhile, headwinds persist for the Michael Kors and Jimmy Choo brands, especially in Europe.
Ceo Jay Schottenstein reflects on fashion, the future of retail and plans for Aerie’s Jennifer Foyle to work with the AE brand.
The DKNY and Donna Karan parent company expects revenues to decline another 28 percent to 33 percent in the back half of the year.
In her expanded role, Foyle will oversee merchandising, design and marketing for both the American Eagle and Aerie brands.
The first collection, expected to launch in fall 2021, will consist of bras, underwear, shapewear and other lingerie.
But strong digital demand, international growth and health and wellness trends leave the company looking to the future.