US: Aeropostale fails to end shareholder lawsuit
By Petah Marian | 27 March 2013
Aeropostale has failed in a bid to dismiss a lawsuit accusing the US retailer of defrauding shareholders in 2011 by hiding problems with excess inventory and weak sales, which hit its share price.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Aeropostale swings to Q2 loss, forecasts further losses
US clothing retailer Aeropostale is forecasting a third quarter net loss and has extended store closure plans after the group swung to a second quarter loss.
US: Aeropostale to close more stores on likely Q3 loss
Aeropostale has said the teen clothing retailer expects to post a third quarter loss and close more stores than originally forecast, after high promotional activity weighed on second quarter sales and deepened losses.
US: Aeropostale lowers second quarter forecasts
US teen clothing retailer Aeropostale has lowered its second quarter expectations after worse than expected sales over the period.