NEW YORK, Oct. 21, 2015 /PRNewswire/ -- Aeropostale,
Inc. (NYSE: ARO), a mall-based specialty retailer of casual apparel
for young women and men, today announced the opening of the
Company's first store in Ireland. Through a licensing
agreement with Shuz 4 U International Ltd., Aeropostale will
celebrate its first store opening in Ireland at the Liffey Valley Shopping Centre
in Dublin on October 22, 2015.
Julian R. Geiger, Chief Executive
Officer of Aeropostale, Inc. said, "We look forward to bringing the
Aeropostale brand to Western
Europe for the first time through our partnership with Shuz
4 U International Ltd." Mr. Geiger continued, "By partnering with
such a strong and established licensee, we are confident that the
recognition and popularity of the Aeropostale brand will continue
to grow across Europe."
Through its partnership with Shuz 4 U International Ltd.,
Aeropostale expects to open ten standalone locations over the next
five years.
Paul Gallagher, Director of Shuz
4 U International Ltd., said: "We are absolutely thrilled to bring
the iconic, teen New York brand Aeropostale to Ireland. Aeropostale's first Western European
location will be a 4,000 square foot store located in Liffey Valley
Shopping Centre in Dublin, one of
Ireland's largest shopping and
leisure destinations."
About Aeropostale, Inc.
Aeropostale, Inc. is a
specialty retailer of casual apparel and accessories, principally
targeting 14 to 17 year-old young women and men through its
Aeropostale stores and website and 4 to 12 year-olds through its
P.S. from Aeropostale stores and website. The Company
provides customers with a focused selection of high quality fashion
and fashion basic merchandise at compelling values in an exciting
and customer friendly store environment. Aeropostale
maintains control over its proprietary brands by designing,
sourcing, marketing and selling all of its own merchandise, other
than in licensed stores. Aeropostale products can be
purchased in Aeropostale stores and online at
www.aeropostale.com. P.S. from Aeropostale products can be
purchased in P.S. from Aeropostale stores, in certain Aeropostale
stores and online at www.ps4u.com and www.aeropostale.com. The
Company currently operates 758 Aeropostale® stores in 50 states and
Puerto Rico, 41 Aeropostale stores
in Canada and 25 P.S. from
Aeropostale® stores in 12 states. In addition, pursuant to various
licensing agreements, the Company's licensees currently operate 297
Aeropostale® and P.S. from Aeropostale® locations in the
Middle East, Asia, Europe,
and Latin America. Since November
2012, Aeropostale, Inc. has operated GoJane.com, an online
women's fashion footwear and apparel retailer. GoJane
products can be purchased online at www.gojane.com.
About Shuz 4 U International Ltd.
Shuz 4 U
International Ltd. is part of the
Shuz Group, the company behind Skechers Retail Stores Ireland. The
company recently celebrated its 5th anniversary since
the opening of its first store on Henry Street, Dublin in October
2010 and also the opening of the 12th store in Donegall
Place, Belfast. The company is
also Skechers' current International Franchise Of The Year.
The headquarters and warehouse are located in Cork and a second warehouse/distribution point
recently opened in Dublin. There
are over 200 employees across administration, warehousing and at
retail level.
SPECIAL NOTE: THIS PRESS RELEASE AND ORAL STATEMENTS MADE FROM
TIME TO TIME BY REPRESENTATIVES OF THE COMPANY CONTAIN CERTAIN
"FORWARD-LOOKING STATEMENTS" MADE IN RELIANCE UPON THE SAFE HARBOR
PROVISIONS OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS
AMENDED, AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED, CONCERNING EXPECTATIONS FOR SALES, STORE OPENINGS, GROSS
MARGINS, EXPENSES, STRATEGIC DIRECTION AND EARNINGS. ACTUAL
RESULTS MIGHT DIFFER MATERIALLY FROM THOSE PROJECTED IN THE
FORWARD-LOOKING STATEMENTS. AMONG THE FACTORS THAT COULD CAUSE
ACTUAL RESULTS TO MATERIALLY DIFFER INCLUDE, CHANGES IN THE
COMPETITIVE MARKETPLACE, INCLUDING THE INTRODUCTION OF NEW PRODUCTS
OR PRICING CHANGES BY OUR COMPETITORS, CHANGES IN THE ECONOMY AND
OTHER EVENTS LEADING TO A REDUCTION IN DISCRETIONARY CONSUMER
SPENDING; SEASONALITY; RISKS ASSOCIATED WITH CHANGES IN SOCIAL,
POLITICAL, ECONOMIC AND OTHER CONDITIONS AND THE POSSIBLE ADVERSE
IMPACT OF CHANGES IN IMPORT RESTRICTIONS; RISKS ASSOCIATED WITH
UNCERTAINTY RELATING TO THE COMPANY'S ABILITY TO IMPLEMENT
ITS STRATEGIES; RISKS ASSOCIATED WITH THE COMPANY'S ABILITY
TO IMPLEMENT AND REALIZE THE ANTICIPATED BENEFITS OF THE COMPANY'S
STRATEGIC INITIATIVES AND COST REDUCTION PROGRAM, AS WELL AS THE
OTHER RISK FACTORS SET FORTH IN THE COMPANY'S FORM 10-K AND
QUARTERLY REPORTS ON FORM 10-Q, FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE
OR REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT
EVENTS OR CIRCUMSTANCES.
Company Contact:
Susan Lewis/VP, Investor & Media
Relations
(646) 364-0215 or slewis@aeropostale.com
Media Contact:
Effie Veres, FTI Consulting
(212) 850-5676
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SOURCE Aeropostale, Inc.