PITTSBURGH, November 2 /CNW/ - American Eagle Outfitters, Inc. (NYSE: AEO)
today announced that Joe Kerin, EVP Store Operations, will add aerie stores to
his responsibilities. Dennis Parodi, EVP/Chief Operating Officer of the New
York Design Center, will resume responsibility for Real Estate across the
entire company in addition to his COO responsibilities at the New York Design
Jim O'Donnell, Chief Executive Officer of American Eagle Outfitters, Inc.
commented: "Our growth rate necessitates this reorganization. American Eagle
is fortunate to have capable and experienced leaders like Joe and Dennis.
Because of their backgrounds, I expect this to be a seamless transition."
About American Eagle Outfitters:
American Eagle Outfitters, Inc. (NYSE: AEO) is a leading retailer that
operates under the American Eagle Outfitters(TM) and MARTIN + OSA(TM) brands.
American Eagle Outfitters designs, markets and sells its own brand of
laidback, current clothing targeting 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. AE's original collection
includes standards like jeans and graphic Ts as well as essentials like
accessories, outerwear, footwear, basics and swimwear. American Eagle
currently operates 852 stores in 50 states, the District of Columbia and
Puerto Rico, and 75 AE stores in Canada. American Eagle also operates ae.com,
which offers additional sizes and styles of favorite AE merchandise and ships
around the world. The American Eagle brand also includes a Dormwear(TM)
collection, aerie(TM), which is available in 32 standalone stores, American
Eagle stores and at aerie.com. The collection includes bras, undies, camis,
hoodies, robes, boxers, sweats and leggings for the AE girl. Designed to be
sweetly sexy, comfortable and cozy, the aerie brand offers AE customers a new
way to express their personal style everyday, from the dormroom to the coffee
shop to the classroom.
MARTIN + OSA, a new sportswear concept targeting 25 to 40 year-old women
and men, carries apparel, accessories and footwear, using denim and sport
inspiration to design fun and sport back into sportswear. MARTIN + OSA
currently operates 14 stores. For additional information and updates, visit
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements, which represent
our expectations or beliefs concerning future events, specifically regarding
successful implementation of our real estate strategy. All forward-looking
statements made by the Company involve material risks and uncertainties and
are subject to change based on factors beyond the Company's control. Such
factors include, but are not limited to the risk that we will not be able to
secure sufficient real estate locations that meet our goals and those other
risks described in the "Management's Discussion and Analysis of Financial
Condition and Results of Operations" section of the Company's filings with the
Securities and Exchange Commission. Accordingly, the Company's future
performance and financial results may differ materially from those expressed
or implied in any such forward-looking statements. The Company does not
undertake to publicly update or revise its forward-looking statements even if
future changes make it clear that projected results expressed or implied will
not be realized.
For further information:
For further information: American Eagle Outfitters, Inc. Judy Meehan,