American Eagle to open in two new Asian markets

“We look forward to bringing our casual American style and iconic American Eagle Outfitters jeans brand as well as Aerie intimates to new customers,” said Simon Nankervis, executive VP of global commercial operations.

“Together with our licensed partners, we will offer the very best brand experience. Our partners bring vast knowledge in their respective markets, an expertise in building businesses and a strong passion for our brands.”

In Korea, SK Networks has vast fashion brand experience, representing international brands including Tommy Hilfiger, DKNY, Donna Karan Collection, Club Monaco and Calvin Klein. Store openings will begin in mid-2015, with several shops planned to be trading byyear end.

In Singapore, Trendz 360 is an established distributor and retailer of international brands,representing Patagonia, DKNY Kids, Nike Equipment and Patrick. It plans to open the first store in mid-2015.

American Eagle Outfitters currently has 111 licensed stores in 17 countries, including Hong Kong, the UAE, Kuwait, Russia, Saudi Arabia, Lebanon, Jordan, Morocco, Egypt, Israel, Japan, Poland, the Philippines, Colombia, Panama, Thailand and Indonesia. The company currently expects to open approximately 40 licensed stores in fiscal 2015.

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