Last $3.32 USD
Change Today -0.03 / -0.90%
Volume 1.5M
As of 8:04 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

aeropostale inc (ARO) Snapshot

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08/1/13 - $15.73
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aeropostale inc (ARO) Details

Aéropostale Inc. designs, markets, and sells casual sportswear and other fashion merchandise under its own brands, principally targeted at customers 11 to 18 years old. Its 683 U.S. boutiques are mall-based, specialty retail shops under the names Aéropostale and Jimmy’Z. The stores’ casual apparel and accessories for young women and men include graphic t-shirts, sweaters, jeans, and outerwear. The company also sells its products online through its e-commerce Web site,, and through organized sales events at college campuses. Aéropostale was founded in 1987 and is headquartered in New York City.

3,931 Employees
Last Reported Date: 04/4/14
Founded in 1987

aeropostale inc (ARO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $950.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $497.7K
Executive Vice President of The Aeropostale B...
Total Annual Compensation: $927.5K
Executive Vice President of Customer Engageme...
Total Annual Compensation: $762.7K
Senior Vice President of Planning & Allocatio...
Total Annual Compensation: $433.5K
Compensation as of Fiscal Year 2013.

aeropostale inc (ARO) Key Developments

Aéropostale, Inc., Annual General Meeting, Jun 30, 2014

Aéropostale, Inc., Annual General Meeting, Jun 30, 2014., at 08:00 Eastern Daylight. Location: 125 Chubb Avenue, 5 Floor. Agenda: To elect eleven (11) nominees to the Board of Directors to serve for terms of one year or until their successors are elected and qualified; to approve, on an advisory basis, executive compensation; to approve the 2014 Omnibus Plan; to ratify the selection by the Audit Committee of the Board of Directors, of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending January 31, 2015; and to transact such other business as may properly come before the meeting or any adjournment thereof.

Aeropostale, Inc. Announces Executive Changes

Aeropostale, Inc. announced that it has entered into definitive agreements with respect to its previously announced strategic partnership and $150 million senior secured credit facilities with Sycamore Partners. In connection with the closing of the transaction, the company has appointed two new members to its Board of Directors: Stefan Kaluzny, managing director at Sycamore Partners, and Julian Geiger, former Director and Chief Executive Officer of Crumbs Bake Shop and former Chairman and Chief Executive Officer of Aeropostale, Inc. and, Arthur Rubinfeld is stepping down as a director of the Company. In addition, the company's Board of Directors will nominate Kenneth Gilman, currently a director of Zale Corporation and Kate Spade & Co., for election by the company's stockholders as an independent director at the Company's annual stockholder meeting this year. Mr. Gilman was mutually selected by the Company's Board and Sycamore Partners.

Aéropostale, Inc. Expects to Close Approximately 40 to 50 Stores in 2014; Plans to Open 7 Aéro Stores and 1 P.S. Store

Aéropostale, Inc. expects to close approximately 40 to 50 stores in 2014 as part of the 175 stores that are being considered under its current store closure program. Including the company plans to close the P.S. mall-based locations, the company store closure program has expanded to approximately 300 stores. The company's real estate consulting firm continues to evaluate the portfolio and negotiate on its behalf regarding potential early lease buyouts, potential rent relief and acceleration of store closures. The company expect 2014 capital expenditures to be approximately $22 million. The company is opening 7 Aéro stores primarily located in highly-productive outlet centers and 1 P.S. store in an off-mall location.


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