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Robert Hanson, who became CEO in January 2012, said 77kids had a loss after taxes of roughly $24 million on sales of $40 million in the 2011 fiscal year. On August 3, 2012, American Eagle Outfitters completed the sale of its 77kids to Ezrani 2 Corp, a company formed by Ezra Dabah, the former chairman and CEO of The Children's Place.
American Apparel closed all of its stores, a total of 110, in April 2017 after being acquired by Gildan Activewear. 2,400 workers were laid off. American Eagle Outfitters announced that it would close up to 200 to 250 mall-based locations in January 2021 while expanding its subsidiary Aerie significantly. Shares rose for the company afterward ...
Aerie, stylized as aerie, is an intimate apparel and lifestyle retailer and sub-brand owned by American Eagle Outfitters. [1] In addition to lingerie such as a wide variety of bras and other undergarments, the aerie line also sells dormwear, active apparel, loungewear, accessories and sleepwear. The aerie brand operates as a section in American ...
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American Eagle posted net income of $67.8 million, or 34 cents per share, compared with $18.5 million, or 9 cents per share, a year earlier. Sales rose to $1.14 billion, up about 6% from $1.08 ...
Nordstrom’s fourth-quarter fiscal 2021 digital sales rose 23% on a two-year basis. For the fiscal fourth quarter, digital sales represented 44% of net sales compared with 54% in the year-ago period.
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