Aeropostale Inc

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Aéropostale to reopen 500 stores across the US Michelle Russell | 13 Jan 17

Aéropostale will reopen around 500 of its store across the US this week as the troubled US teen apparel retailer kicks of a new marketing campaign showcasing a new positioning under new owner Authentic Brands Group (ABG).


Aeropostale to keep 400 US stores open Beth Wright | 19 Sep 16

Bankrupt US teen apparel retailer Aeropostale, which expected to shutter all of its 720 US stores, will now keep 400 open thanks to an "11th-hour" deal with several mall owners.


Consortium completes Aeropostale acquisition Beth Wright | 16 Sep 16

A consortium of retail operators has finalised the acquisition of US teen apparel retailer Aeropostale, in a deal understood to be valued at around US$243.3m.


Aeropostale bankruptcy auction won by $243.3m bid Michelle Russell | 5 Sep 16

A consortium of retail operators has successfully bid for US teen apparel retailer Aeropostale in a deal understood to be valued at around US$243.3m.


Authentic Brands makes "joint bid" for Aeropostale Michelle Russell | 31 Aug 16

Authentic Brands Group (ABG), owner of Juicy Couture and Jones New York, is understood to have teamed up with landlords and liquidators to make a joint bid for struggling teen retailer Aeropostale. 


Aeropostale creditor objects to bankruptcy plan Michelle Russell | 24 Aug 16

Struggling teen apparel retailer Aeropostale has "wasted millions" going through bankruptcy, continues to operate a "still-deteriorating business" and should not be allowed to continue with its Chapter 11 plan, its creditor has said. 


Versa Capital considering Aeropostale bid? Michelle Russell | 11 Aug 16

Private-equity investor Versa Capital is understood to be considering making a bid for struggling teen apparel retailer Aeropostale.


Aeropostale sues creditor over "significant bad acts" Michelle Russell | 27 Jul 16

Aéropostale has filed litigation against private equity firm Sycamore Partners and its affiliates, saying it continues to believe they engaged in "significant bad acts" that forced the teen apparel retailer into bankruptcy. 


Aeropostale "eyes buyer" over reorganisation Michelle Russell | 21 Jul 16

Struggling teen apparel retailer Aeropostale is understood to be planning a sale of its assets at an upcoming auction rather than attempting to reorganise on a standalone basis. 


Aeropostale widens Q1 losses on declining traffic Michelle Russell | 15 Jul 16

Aeropostale has widened its net losses in the first quarter as a result of declining mall traffic, a highly promotional and competitive retail environment, and changing consumer tastes.


Bankrupt Aeropostale handed US$160m lifeline Michelle Russell | 13 Jun 16

Aeropostale has won approval of US$160m in financing that may help the bankrupt US fashion retailer stay in business and complete its restructuring.


Aeropostale to close 154 stores amid bankruptucy Michelle Russell | 4 May 16

Struggling teen apparel retailer Aeropostale has filed for bankruptcy protection with plans to initially close around 154 stores in the US and Canada.


Aeropostale delisted from New York Stock Exchange Katie Smith | 25 Apr 16

Struggling teen apparel retailer Aeropostale has been delisted by the New York Stock Exchange (NYSE) due to its "abnormally low" trading price, amid reports it is preparing to file for Chapter 11 bankruptcy proceedings.


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


Aeropostale explores sale talks amid vendor dispute Katie Smith | 18 Mar 16

Struggling teen apparel retailer Aeropostale has revealed it is exploring strategic options, which could include a sale or restructuring, and is involved in a supplier dispute which is disrupting the supply of some merchandise. 


Aeropostale "safe" from NYSE de-listing Michelle Russell | 18 Jan 16

US teen apparel retailer Aeropostale has said it will not be de-listed from the New York Stock Exchange after the firm's plan for continued listing was accepted. 


Aeropostale axes 100 jobs in cost-cutting move Michelle Russell | 13 Jan 16

US teen apparel retailer Aeropostale is to implement an "aggressive" new cost reduction programme that will result in the loss of 100 jobs as it looks to return to profitability. 


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse Michelle Russell and Katie Smith | 7 Jan 16

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


Aeropostale inks licensing deals in Egypt and Thailand Michelle Russell | 3 Nov 15

US casual apparel retailer Aeropostale has signed two licensing deals that will see it expand in the Asia and the EMEA region, opening stores in Thailand and Egypt over the next five years. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


What's in store for US apparel back-to-school sales? Katie Smith | 4 Sep 15

For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions, a shift in spending away from electronics, and a more optimistic consumer, industry analysts are cautiously optimistic for clothing retailers.


US Q1 in brief: Finish Line, Cherokee, Destination Maternity Michelle Russell and Katie Smith | 26 Jun 15

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Aeropostale EVP departure "not a surprise" Leonie Barrie | 22 Jun 15

Teen apparel retailer Aeropostale Inc is parting company with executive vice president Emilia Fabricant – in a move described by one analyst as “not surprising.”


Aeropostale EVP departure "not a surprise" Leonie Barrie | 22 Jun 15

Teen apparel retailer Aeropostale Inc is parting company with executive vice president Emilia Fabricant – in a move described by one analyst as “not surprising.”


Charges send Aeropostale to Q4 loss Richard Woodard | 13 Mar 15

Teen apparel retailer Aeropostale claimed an underlying net profit in the fourth quarter, but had to report a sizeable loss thanks to store impairment charges.


COMMENT: US teen apparel retailers fight to stay relevant Michelle Russell | 6 Mar 15

Slow store traffic and declining sales have become a common theme for US teen apparel retailers, resulting in brands closing stores and changing strategies in a bid to lure back customers. But is this enough to carve out a recovery?


US labour concerns at Honduras apparel makers Katie Smith | 3 Mar 15

The US has raised “serious” concerns over worker rights in Honduras and the enforcement of labour laws under the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA), following a probe into working conditions at facilities, including apparel factories.


New supply chain options key amid US port problems Katie Smith | 12 Feb 15

As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn to costs over the next 24 months. As the congestion continues to cause headwinds for apparel businesses, retailers are being told they must investigate new supply chain options, including more near- and on-shoring.


Aeropostale holiday sales decline 11% Katie Smith | 8 Jan 15

Teen apparel retailer Aeropostale has said it expects a lower fourth-quarter loss than first forecast, despite posting a double-digit drop in holiday sales.


2014: Year in review - Retail winners and losers Lee Adendorff | 17 Dec 14

International expansion, strong online performance and ethical commitments helped lift some retailers during 2014, but merchandise misses, the closure of underperforming stores, and a profit overstatement weighed on others.

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