Stores Now Open in Jordan, Morocco and Egypt
PITTSBURGH--(BUSINESS WIRE)--Dec. 21, 2011--
American Eagle Outfitters, Inc. (NYSE: AEO) today announced the opening
of stores in three new international markets—Morocco, Jordan and Egypt.
The company also opened its third store in Saudi Arabia, and has plans
for a second store in Lebanon in early 2012. The leading lifestyle
brand, with a fleet of more than 1,000 stores worldwide, currently
operates in Egypt, Jordan, Kuwait, Lebanon, Morocco, Saudi Arabia, and
the UAE through its franchise partner, M.H. Alshaya, one of the most
experienced retailers in the world.
American Eagle Outfitters opened in Jordan on November 30 in Taj Mall.
Morocco’s store opened in Casablanca at Morocco Mall on December 1. The
Egypt store is located in Cairo’s City Stars Mall, and opened on
December 10. The partnership with Alshaya, signed in May 2009, was AEO’s
first foray into bricks-and-mortar stores outside of North America.
Since then, AEO has opened stores in Russia, China and Hong Kong, and
signed franchise agreements for stores in Japan and Israel as well,
working with various franchise partners.
“American Eagle Outfitters’ ongoing international expansion is evidence
of the success and positive customer response, as well as the expertise
of our valued partner, M.H. Alshaya,” said
Simon Nankervis
, vice
president of global business development, American Eagle Outfitters,
Inc. “We are continuously delighted by consumers’ excitement and passion
for the American Eagle Outfitters brand as we pursue our international
expansion strategy around the globe. We look forward to announcing new
stores and additional countries in the coming months.”
Even before American Eagle Outfitters began opening stores abroad,
customers around the world were fans of the brand. The company’s
e-commerce site shipped internationally beginning in 2004, and today
ships to 77 countries, with Italy being the latest to join. All American
Eagle Outfitters international stores offer a similar product assortment
as those in the U.S., which is well known for being high-quality,
on-trend fashion at affordable prices. Most stores also feature the
company’s Aerie brand, a confident, sexy intimates and apparel line for
young women in their twenties.
About American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc., through its subsidiaries, (“AEO, Inc.”)
offers high-quality, on-trend clothing, accessories and personal care
products at affordable prices. The American Eagle Outfitters® brand
targets 15 to 25 year old girls and guys, with 937 stores in the U.S.
and Canada and online at www.ae.com.
aerie® by american eagle offers Dormwear® and intimates collections for
the AE® girl, with 158 standalone stores in the U.S. and Canada and
online at www.aerie.com.
The latest brand, 77kids® by american eagle®, is available online at www.77kids.com,
as well as at 21 stores across the nation. The 77kids brand offers “kid
cool,” durable clothing and accessories for kids ages zero to 14.
AE.COM®, the online home of the brands of AEO, Inc. ships to 77
countries worldwide.
Source: American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc.
Sam Nelson, 412-432-4500
nelsons@ae.com