American Eagle Outfitters
American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company that also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee. American Eagle Outfitters is the parent company of Aerie, Unsubscribed and Todd Snyder.
Trade name | American Eagle |
|---|---|
| Company type | Public |
Traded as | NYSE: AEO S&P 600 component |
| Industry | Retail |
| Founded | 1977 |
| Founder | Jerry Silverman Mark Silverman |
| Headquarters | SouthSide Works , 77 Hot Metal Street Pittsburgh, Pennsylvania U.S. |
Number of locations | 1,307 stores (Jan. 2021) |
Area served | Worldwide |
Key people | Jay Schottenstein (Exec. Chairman and CEO) |
| Products | Apparel, accessories, lingerie, personal care, footwear |
| Revenue | US$3.759 billion (2020) |
| US$-271.35 million (2020) | |
Net income | US$-209.27 million (2020) |
| Total assets | US$3.435 billion (2020) |
| Total equity | US$1.087 billion (2020) |
Number of employees | 37,000 (Jan. 2021) |
| Subsidiaries | Aerie Todd Snyder Quiet Logistics |
| Website | ae |
American Eagle retails jeans, polo shirts, graphic T-shirts, boxers, outerwear, and swimwear. American Eagle targets male and female university and high school students, although older adults also wear the brand.
In 1977, the first American Eagle Outfitters store opened in Twelve Oaks Mall in Novi, Michigan. As of January 2023, the company operated 1,175 American Eagle stores, 175 Aerie stores, and 12 Todd Snyder stores across the US, Canada, Mexico, and Hong Kong.