Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Sales flat at American Eagle

US young fashion business American Eagle Outfitters recorded flat like-for-like sales for November, after uneven trading including a strong Thanksgiving weekend.
The flat like-for-likes mark a slowdown on the group’s average like-for-like performance for the 43 weeks to December 1. Average like-for-likes are running 3% ahead. Total sales rose 16% to US$285.8 million (£140m) for the four weeks to December 1, compared with the same period in 2006.

The company, which targets 15- to 25-year-old men and women with staples such as jeans, T-shirts and polo shirts, has 855 stores in the US and Puerto Rico, plus 75 in Canada. It also sells via its website to 42 countries including the UK.

The group runs a sub-brand, Aerie by American Eagle, which offers sleepwear and underwear in the main stores as well as 38 of its own standalones.

In September 2006, the retailer launched casualwear concept Martin + Osa, targeting 28- to 40-year-olds. It currently has 19 stores.
This week, American Eagle Outfitters signed a 25,000sq ft flagship store in Manhattan’s Times Square. The store – the retailer’s largest to date – will have external multimedia signs that rise 25 stories high and cover 15,000sq ft.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.