American Eagle Outfitters

Founded in 1977, American Eagle Outfitters is one of the largest urban fashion companies in the world. Based in P ittsburgh (the United States), the company launched its first store in the late 1970s in the city of Michigan. The group has more than a thousand establishments worldwide.

American Eagle earns 77.6 million in the second quarter and confirms its full-year guidance

The US group recorded an operating profit of 103 million dollars in the period and expects to close the year with up to 265 million dollars. Comparable sales fell 1% to 1.283 billion dollars.

Fashion Titans Stand Firm: Major Industry Players Increase Revenues by 2% in 2024

The fashion industry’s leading firms, encompassing categories like mass distribution, luxury, department stores, and athletic wear, wrapped up the last financial year with growth, even as heavyweights like LVMH and Nike stumbled.

Second hand: Caastle, Thredup and Trove lead the ranking of the most innovative companies

The startup that leads the table is specialized in the management of the rental service of brands such as Scotch & Soda, Bloomingdale’s and Banana Republic.

American Eagle, in the green: sees sales up 6% and profit grows 2%

The US company has ended its last financial year with a revenue of 4.3 billion dollars.

US loses shares among global fashion retailers

American fashion groups have gone from having a 50% share in the top ten fashion retailers to 40% according to the Global Powers of Retailing, which features 250 largest retailers across the world.

America gains share in the global retail market

In a span of ten years, American companies have been progressively battling to gain more shares in the fashion sector, the percentage grew from a shy 20% to 50%.

In just twelve months, Victoria’s Secret has canceled its annual show, dismissed its chief marketing officer and replaced its chief executive officer.

The company L Brands continues leading the market of intimate in the United States, but has distanced from a customer that does not want its angels, its fashion shows, nor its push-ups anymore.

In the month of Christmas campaign, US retail sales shrank by 1.2%, its sharpest decreased since September 2009.

The jean fever in the second half of the last century led to the birth of companies such as Levi’s, Wrangler, Lee, Guess or Diesel. Now, after a few years of difficult business, all of them are benefiting that denim is back on trend.