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Aeropostale Cutting Jobs as Teen Retailer's Sales Slump
2016-01-13 00:07:59| Apparel - Topix.net
The New York company said Tuesday it expects to cut expenses by $35 million to $40 million a year starting in fiscal 2016 and will slash its corporate staff by 13 percent, or 100 jobs, by the end of January. CEO Julian Geiger is also giving back 1 million stock options so Aeropostale can give them to other employees in an effort to keep them with the company.
Aeropostale to cut 100 jobs as part of cost-saving program, reiterates fourth-quarter guidance
2016-01-13 00:07:58| Apparel - Topix.net
The mall-based teen retailer said in a release Tuesday that the savings will be achieved in fiscal 2016. The company expects to record about $1.5 million in pre-tax expenses during fiscal 2015 related to the program.
Aeropostale Inc (ARO) Stock Rating Upgraded by Zacks Investment Research
2015-12-31 21:40:32| Apparel - Topix.net
According to Zacks, "Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting fourteen to seventeen year-old young women and men. The Company provides customers with a focused selection of high-quality, active-oriented, fashion and fashion basic merchandise at compelling values.
Tags: research
rating
stock
investment
Aeropostale warned by NYSE that its stock may be delisted
2015-11-05 16:10:05| Apparel - Topix.net
Aeropostale said Wednesday it received a warning from the New York Stock Exchange that its stock may stop trading at the exchange if it doesn't figure out how to boost its market value. The NYSE told the teen retailer last week that its average market value has been below $50 million for 30 trading days, falling below NYSE's standards to remain listed.
Aeropostale inks licensing deals in Egypt and Thailand
2015-11-03 16:44:00| Daily apparel & textile news and comment - from just-style.com
US casual apparel retailer Aeropostale has signed two licensing deals that will see it expand in the Asia and the EMEA region, opening stores in Thailand and Egypt over the next five years.
Tags: deals
thailand
egypt
licensing
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