American Eagle Outfitters (NASDAQ:AEOS)
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American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced the
appointment of Alan Kane to the company’s
Board of Directors. Mr. Kane currently serves as dean of the School of
Business and Technology at the Fashion Institute of Technology, a role
he has held since 2005. From 1997 through 2006, he was a professor of
retailing at the Columbia Graduate School of Business. Previously, Mr.
Kane spent 28 years in the retailing industry with companies, including
Federated Department Stores, The May Company, and Grossman’s
Inc., in various executive and merchandising positions. He is currently
a member of the Board of Directors of Circuit City Stores, Inc.
Jim O’Donnell, Chief Executive Officer,
commented on the appointment, “Alan brings
tremendous retail expertise and deep business experience to our board. I
am extremely pleased to have Alan’s
commitment, and look forward to his counsel as we continue to pursue
profitable growth through the expansion and development of leading
lifestyle brands.”
About American Eagle Outfitters:
American Eagle Outfitters (Nasdaq:AEOS) is a leading retailer that
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 Outfitters currently
operates 836 stores in 50 states, the District of Columbia and Puerto
Rico, and 72 AE stores in Canada. AE also operates ae.com, which offers
additional sizes and styles of favorite AE merchandise and ships around
the world. The company launched a new collection of dormwear and
intimates. “aerie by American Eagle”
is now available in American Eagle stores across the country and at
aerie.com. It includes bras, undies, camis, hoodies, robes, boxers,
sweats and leggings for the AE girl. Designed to be sweetly sexy,
comfortable and cozy, aerie offers AE customers a new way to
express their personal style everyday, from the dormroom to the coffee
shop to the classroom. The company also introduced MARTIN + OSA, a new
sportswear concept targeting 25 to 40 year-old women and men. MARTIN +
OSA carries apparel, accessories and footwear, using denim and sport
inspiration to design fun and sport back into sportswear. MARTIN + OSA
currently operates five stores. For additional information and updates,
visit martinandosa.com.
“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 future
growth and profitability. 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 the
company’s growth strategies and profitability
may not be achieved and those other risks described in the Risk Factor
Section of the company’s Form 10-K and Form
10-Q’s filed 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.