First Store Opens March 1; Additional Stores to Open Throughout
the Year With Franchise Partner Suyen Corporation
PITTSBURGH--(BUSINESS WIRE)--Mar. 1, 2013--
American Eagle Outfitters, Inc. (NYSE:AEO) today announced that its
first store in the Philippines opened to the public on Friday, March 1,
at Bonifacio High Street in Taguig City, Manila. Additional stores are
planned in 2013 throughout the country. The franchise stores will be
operated by the Suyen Corporation, a leading retailer and franchise
partner throughout the region.
AEO has been rapidly expanding its international presence for the past
four years, now with 45 franchise operated stores in 11 countries.
Today, there are American Eagle Outfitters stores open in Russia,
Poland, China, Hong Kong, various cities throughout the Middle East,
Mexico, Israel, and two flagship locations in Japan.
“We are extremely pleased with the initial customer reaction to our
first store in the Philippines at The Fort Bonifacio,” said
Simon
Nankervis
, VP Global Licensing & New Business Development. “Suyen’s
market launch of the brand was world class and completely aligned with
both our customer and brand philosophy of LIVE YOUR LIFE®.”
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 over 85 countries, with Mexico 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. (NYSE: AEO) is a leading global
specialty retailer offering high-quality, on-trend clothing, accessories
and personal care products at affordable prices under its American Eagle
Outfitters® and Aerie® brands. The company
operates more than 1,000 stores in North America, and ships to 81
countries worldwide through its websites. American Eagle Outfitters and
Aerie merchandise also is available at approximately 54 international
franchise stores in 14 countries. For more information, please visit www.ae.com.
Source: American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc.
Kristen Zaccagnini, 412-432-3300