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American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc. , a company that also owned and operated Silverman's Menswear.
It also holds an ownership interest in American Eagle Outfitters, Wehmeyer in Germany, Cold Stone Creamery, The Mazel Company, Gidding-Jenny, [3] Shiffren Willens jewelry stores, and Sara Fredericks boutiques. [4] Schottenstein had operated the chain of Value City discount department stores.
Schottenstein became chairman of American Eagle Outfitters in 1992 and held the position of CEO from 1992 to 2002, and since December 2015. In 1993, after his father's death, he replaced his father as head of Schottenstein Stores Corporation. Since 2005, he has served as chairman of DSW.
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Last month, I made a CAPScall on American Eagle Outfitters (NYS: AEO) , predicting a downfall in profits within the next six months to a year brought about by heavy markdowns on the mountain of ...
While competitors throughout the fashion world have begun to express concerns over Omicron’s effects on sales and profits, American Eagle Outfitters — which includes the American Eagle, Aerie ...