Aeropostale Inc. Company Analysis: Overview, History and Current Structure

1224 Words Jul 8th, 2012 5 Pages
Aeropostale Inc. Company Analysis: Overview, History and Current Structure

Davenport University

Aeropostale Inc. Company Analysis: Overview, History and Current Structure

Aeropostale Incorporated is a “mall-based” retail store chain that caters to 14 to 17 year old young women and men who are interested in “casual apparel and accessories (Aeropostale Inc. Corporate, n.d.). According to Aeropostale website, a Privacy Policy with Canada, states that Aeropostale Inc. has a subsidiary called “P.S. from Aeropostale” that caters to the 7-12 year olds (Aeropostale Inc., 2012, April). Mergent Online disclosed that Aeropostale Inc. “sells a range of apparel, including
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The management team that acquired Aeropostale was “Bear Stearns Merchant Banking, a division of Bear, Stearns & Co. Inc.” (NASDAQ, 2002, p.2)

Reported on the Aeropostale website, Aeropostale Inc. went public in 2002 and became the “2nd hottest IPO [initial public offering company] of the year” (Shop Aeropostale, n.d.). Between the years 2002 to 2006 Aeropostale expanded and opened its 600th store and opened a “new concept store” in Chicago (Shop Aeropostale, n.d.). Jimmy'Z, the new concept store in Chicago, was a high-end “casual clothing chain for young adults” (Cunningham, 2006). “The company opened 1 Jimmy'Z store [in 2005], ending the year with 14 Jimmy'Z stores in 11 states” (Cunningham, 2006). In 2007 and 2008 respectively, Aeropostale almost reached “$1.6 Billion in revenue,” and expanded to “over 800 stores in 47 states” (Shop Aeropostale, n.d.). In the year 2009, not only did Aeropostale decide “to end its Jimmy'Z concept and to close all of its 11 Jimmy'Z stores” (Apparel, 2006), they opened another subsidiary called “P.S. from Aeropostale” (Shop Aeropostale, n.d.). The year 2010 marks the establishment of the “Times Square Flagship store” and the milestone of Aeropostale’s “first International store opening” (Shop Aeropostale, n.d.). From expanding stores internationally in “Canada, Dubai, Puerto Rico and Dominican Republic” Aeropostale Inc. has propelled from a Regional Market into a Global Market (Joanne,

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