PITTSBURGH & SAN JOSE, Calif., Jul 17, 2008 (BUSINESS WIRE) -- American Eagle Outfitters, Inc. (NYSE: AEO) ("American Eagle")
today announced that customers shopping on www.ae.com can now use
PayPal to pay for their purchases.
"AE continuously strives to provide the best possible online
shopping experience for its customers," said Fred Grover, executive
vice president, e-commerce and international, American Eagle
Outfitters, Inc. "Offering PayPal as a safe and reliable option for
payment gives all of our customers the flexibility they need when
shopping on our Web site."
With more than 62 million active accounts, PayPal provides a
safer, easier way to pay online. With PayPal, American Eagle customers
can now pay for clothing and accessories through debit cards, bank
accounts, stored balance or credit cards without sharing their
financial information.
"Millions of PayPal account holders prefer to pay with PayPal
because of the security and convenience our service provides," said
Mary Anne Gillespie, vice president of sales at PayPal. "Because
American Eagle is one of the most popular fashion sites in the
country, we are excited to add it to the growing list of places to
shop with PayPal - just in time for back-to-school shopping."
Beginning July 31 through August 15, customers who make a purchase
on ae.com(R) using PayPal will receive 20 percent cash back into their
PayPal accounts. No minimum purchase necessary, cash back limited to
$15.(1)
(1) Please visit ae.com for terms and conditions of this offer.
About American Eagle Outfitters, Inc.
American Eagle Outfitters designs, markets and sells its own brand
of laidback, current clothing targeting 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. The original collection
includes standards like jeans and graphic Ts as well as essentials
like accessories, outerwear, footwear, basics and swimwear. American
Eagle currently operates 871 stores in 50 states, the District of
Columbia and Puerto Rico, and 76 AE stores in Canada. American Eagle
also operates ae.com(R), which offers additional sizes and styles of
favorite AE(R) merchandise and ships to more than forty countries
around the world. The American Eagle(R) brand also includes a
Dormwear(R) collection, aerie(TM), which is available in 68 standalone
stores, American Eagle stores and at aerie.com. The collection
includes bras, undies, camis, hoodies, robes, boxers, sweats and
leggings for the AE girl. Designed to be sweetly sexy, comfortable and
cozy, the aerie brand offers AE customers a new way to express their
personal style everyday, from the dormroom to the coffee shop to the
classroom.
MARTIN + OSA(TM), a concept targeting 28 to 40 year-old women and
men, offers refined casual clothing and accessories, designed to be
valuable, irresistible, inspiring, authentic and adventurous. MARTIN +
OSA currently operates 22 stores. For additional information and
updates, visit www.martinandosa.com.
The company plans to launch a children's apparel brand, 77kids by
american eagleTM, offering on-trend, high-quality clothing and
accessories for kids age two to 10. 77kids will debut online at
www.77kids.com during Fiscal 2008, with brick-and-mortar stores in the
U.S. planned for 2010.
About PayPal
PayPal is the safer, easier way to pay and get paid online. The
service allows anyone to pay without sharing financial information and
gives consumers the flexibility to pay in any way they prefer,
including through credit cards, bank accounts or account balances.
With more than 62 million active accounts in 190 markets and 19
currencies around the world, PayPal enables global ecommerce. PayPal
is an eBay company (Nasdaq: EBAY). More information about the company
can be found at https://www.paypal.com.
SOURCE: American Eagle Outfitters, Inc.
American Eagle Outfitters
Beth Barney, 412-432-4500
barney@ae.com
or
PayPal
Michael Oldenburg, 408-967-5033
moldenburg@paypal.com