Aeropostale news and archive

In Pictures: Aéropostale debuts all new jean fits

Aéropostale, the specialty retailer of casual apparel and accessories, targeting 16 to 22-year-old women and men, has debut its new range of jeans fits as part of its largest jean offering to date. The new collection of jeans introduces three new fits: the Norma jean, a super high rise fit inspired by Marilyn Monroe; the Flex Effect, a 4-way...

Business

Aero OpCo to join forces with Nautica to gain over 1.2 billion dollars in revenue

Aero OpCo LLC just announced its new partnership with the brand Nautica. As the operating partner for Aéropostale, the company just confirmed that Authentic Brands Group, LLC (ABG) has signed an agreement to purchase the Nautica brand from VF Corporation. Currently, Aero OpCo manages operations for the Aéropostale brand. Currently, Aéropostale...

Fashion

Aéropostale teams up with IHL Group for new category in apparel

Aéropostale just partnered with IHL Group for an exclusive, multi-year license agreement. The teen retailer has created this partnership in order to extend to new categories including intimates, sleepwear, and leg wear. The partnership shows Aéropostale's strategic efforts to move towards more offerings in apparel as well as new distribution...

Retail

Jabong introduces Aèropostale product range in India

Leading fashion etailer, Jabong has added yet another leading American high-street fashionwear brand, Aèropostale, to its product portfolio. The New York based specialty retailer of casual apparel and accessories for teen will be available on Jabong for women and men in more than 600 variants across categories such as capris, dresses, jeans,...

Management

Joint bid by Simon and GGP will keep 229 Aeropostale stores open

After winning the race to rescue Aeropostale from bankruptcy, joint new proprietors of the brand, mall operators’ General Growth Properties and Simon Property Group, will keep 229 stores open under the Aeropostale brand. This move will save both retail REITs from losing about 900,000 square feet of currently leased space, according to bankruptcy...

ManagementFeatured

Shopping centre operator Simon Property Group to the Aeropostale’s rescue

Simon Property Group has reportedly joined forces with General Growth Properties, licensing firm Authentic Brands Group and liquidators Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC to save at least 229 stores of ailing Aeropostale. According to sources close to the matter quoted by the ‘Wall Street Journal’, the bid for...

ManagementFeatured

Aeropostale up for grabs: Sycamore forces the retailer into an auction

Aeropostale Inc. opened a bankruptcy auction Monday with senior lender Sycamore Partners joining the bidding, barely a week after the teen apparel firm was forced to face liquidation after losing the battle to the private equity firm, its major creditor. On August 26, U.S. Bankruptcy Judge Sean Lane rejected Aeropostale’s attempt to disqualify...

ManagementFeatured

Aeropostale blames Sycamore to plot a “loan to own” scheme to force bankruptcy

Bankrupt U.S. teen apparel retailer Aeropostale has filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own" scheme to push the chain into bankruptcy. Aeropostale asked a U.S. bankruptcy court judge to bar Sycamore from using the 150 million dollars it...

Report

Aeropostale asks judge permission to pay executive team bonus

Aeropostale wants to recognise the work of its executive team with a generous bonus. The problem is that since the teen apparel retailer asked for bankruptcy protection, they now need a bankruptcy judge to grant them permission to go ahead with the bonus scheme. Thus, the retailer is asking federal judges in bankruptcy court to let them pay out...

ManagementFeatured

Green light for Aeropostale’s 160 million dollars lifeline

Against main lenders’ wishes, Aeropostale (NYSE:ARO) has won approval for a 160 million dollars loan from Crystal Financial with which it hopes to stay in business. Fortune smiles to the teen apparel retailer’s management as they have secured ‘in extremis’ a 160 million dollars lifeline. On the back of the news, the stock rallied 200 percent. “...

Management |UPDATE

Aeropostale files for bankruptcy protection

Fast changing fashion trends have been hitting Aeropostale badly for the last several quarters, and at last it opted for Chapter 11 bankruptcy filing on Wednesday. The company is planning to shut down 154 stores in total - 113 in U.S. and 41 in Canada. It had around 800 stores and more than 14,500 staff across all the States in U.S, in addition...

Business

Aeropostale's bankruptcy causes issues with shareholder

Los Angeles - After prepping for a Chapter 11 bankruptcy, it seems that Aeropostale is only headed for more turmoil. The filing is potentially opening the teen retailer up to a conflict with one of its major shareholders: Sycamore Partners. The reason that the court filing may cause problems for its shareholders is due to Sycamore Partners’...