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American Eagle to focus on lingerie brand Aerie

The US-based lifestyle clothing and accessories retailer, American Eagle, intends to launch 60 to 75 stores in 2019 to promote its Aerie lingerie brand. The retailer presently operates 1,055 outlets comprising standalone and side-by-side locations. It reportedly earned $431 million in the last quarter, an increase of 1 per cent from previous year’s earnings. Its total net sales too jumped 1 per cent to $1.24 billion.

American Eagle and Aerie will continue giving a consistent performance through their combination of product innovation and great merchandise with an enhanced customer experience across channels.

 

 
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