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American Eagle To Exit 77kids Biz
American Eagle Outfitters Inc. (NYSE:AEO), a specialty retailer of casual apparel, accessories and footwear for men, women and kids, announced its plans to do away with its children’s brand (77kids). The business generated net sales of $40 million in the fiscal year 2011, on which it incurred a loss of around $24 million. Management further [...]
American Eagle Outfitters Inc. (NYSE:AEO), a specialty retailer of casual apparel, accessories and footwear for men, women and kids, announced its plans to do away with its children’s brand (77kids). The business generated net sales of $40 million in the fiscal year 2011, on which it incurred a loss of around $24 million. |
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