About AEROPOSTALE, INC.

Aéropostale operates more than 850 mostly mall-based stores under the Aéropostale and P.S. from Aéropostale (for kids) banners in 50 US states, Puerto Rico, and Canada. It stocks the usual teen outerwear (jeans, T-shirts, accessories), mostly under the Aéropostale and Aéro names. The retailer designs and sources its own merchandise so that it can quickly respond to trends, but has been struggling in a competitive environment in the aftermath of the US recession. In 2016, Aéropostale filed for Chapter 11 bankruptcy protection.

Bankruptcy

As part of its financial restructuring efforts, the chain will close 113 US stores and all 41 stores in Canada. Aéropostale lost money for 13 straight quarters before entering bankruptcy proceedings. The firm expects the bankruptcy to be a relatively brief six-month stint. It is also seeking potential buyers.

Operations

In addition to its main Aéropostale chain, the retailer operates P.S. from Aéropostale, a casual-apparel chain for kids between the ages of 4 and 12. P.S. from Aéropostale operates about two dozen stores in a dozen US states. The company also operates the GoJane.com website, based in Ontario, California.

Geographic Reach

Aéropostale rang up 95% of its revenue in fiscal 2015 (ended January) in the US. The remainder came from Canada, where it operates about 60 shops nationwide. Beyond North America, licensees operate about 240 Aéropostale and P.S. from Aéropostale shops in Europe, the Middle East, and Latin America.

Financial Performance

Historically a high flier on the youth fashion scene, Aéropostale has seen sales, net income, and cash from operations drop significantly since fiscal 2013 as it struggles with declines in mall traffic, the changing tastes of teens, and intense competition (from the likes of American Eagle and Abercrombie & Fitch, among others). It reported fiscal 2015 revenue of $1.8 billion, down 12% from the prior year, as the company closed nearly 250 stores as part of its turnaround efforts. Aéropostale has recorded a net loss for the past two years, with a 2015 loss of about $206 million. Unsurprisingly, cash from operations has followed the same trend, dropping to a negative $56 million that year from a negative $38 million the year before.

Strategy

The retailer is looking to off-mall locations, e-commerce, and international licensing to drive sales growth as it shutters a substantial number of its traditional mall-based locations. Aéropostale saw a lot of activity in its international licensing segment in fiscal 2015 with new markets Chile, Malaysia, and Mexico; Ireland is among the markets scheduled for fiscal 2016. Turkey is also on the company's plan for expansion, and it has plans for licensed locations in Thailand and Egypt within the next five years.

To spur sales, Aéropostale is repositioning the brand and working to improve its merchandise and marketing. (It's interesting to note that the chain enjoyed double-digit sales increases during the deep recession, while pricier retailers, notably rival Abercrombie, suffered. Now with the economy improving, value-priced Aéropostale is struggling a bit.)

Company Background

The Aéropostale name originated from a 1920s airmail firm, Compagnie Generale Aéropostale. The brand was created by R.H. Macy & Co. as a private label in the 1980s and later became a specialty store concept.

- Show Less + Show Full Description

Company News and Press Releases

- Show Less + Show More News and Press Releases

AEROPOSTALE, INC.

112 W 34th St Fl 22
New York, NY 10120-2403
Phone: 1 (646) 485-5410
Fax: 1 (646) 485-5440

Stats

  • Employer Type: Public
  • Stock Symbol: ARO
  • Stock Exchange: NYSE
  • CEO: Julian R. Geiger
  • Chairman: Karin Hirtler-Garvey
  • EVP and COO: Marc D. Miller

Major Office Locations

  • New York, NY

Other Locations

  • Anchorage, AK
  • Anniston, AL
  • Birmingham, AL
  • Dothan, AL
  • Florence, AL
  • Foley, AL
  • Gadsden, AL
  • Hoover, AL
  • Huntsville, AL
  • Mobile, AL
  • Spanish Fort, AL
  • Tuscaloosa, AL
  • Fayetteville, AR
  • Fort Smith, AR
  • Hot Springs, AR
  • Jonesboro, AR
  • Little Rock, AR
  • North Little Rock, AR
  • Rogers, AR
  • Anthem, AZ
  • Glendale, AZ
  • Mesa, AZ
  • Phoenix, AZ
  • Tempe, AZ
  • Tucson, AZ
  • Arcadia, CA
  • Bakersfield, CA
  • Brentwood, CA
  • Burbank, CA
  • Calexico, CA
  • Camarillo, CA
  • Canoga Park, CA
  • Capitola, CA
  • Cerritos, CA
  • Chico, CA
  • Chino Hills, CA
  • Chula Vista, CA
  • City Of Industry, CA
  • Commerce, CA
  • Concord, CA
  • Culver City, CA
  • Downey, CA
  • El Centro, CA
  • Folsom, CA
  • Fresno, CA
  • Gilroy, CA
  • Glendale, CA
  • Irvine, CA
  • Lakewood, CA
  • Los Angeles, CA
  • Merced, CA
  • Milpitas, CA
  • Modesto, CA
  • Montclair, CA
  • Montebello, CA
  • Moreno Valley, CA
  • National City, CA
  • Newark, CA
  • Northridge, CA
  • Ontario, CA
  • Orange, CA
  • Palm Desert, CA
  • Palmdale, CA
  • Petaluma, CA
  • Pismo Beach, CA
  • Pleasanton, CA
  • Riverside, CA
  • Roseville, CA
  • Salinas, CA
  • San Diego, CA
  • San Jose, CA
  • San Ysidro, CA
  • Santa Ana, CA
  • Santa Rosa, CA
  • Stockton, CA
  • Tejon Ranch, CA
  • Temecula, CA
  • Torrance, CA
  • Tulare, CA
  • Vacaville, CA
  • Valencia, CA
  • Ventura, CA
  • Victorville, CA
  • Visalia, CA
  • West Covina, CA
  • Westminster, CA
  • Yuba City, CA
  • Aurora, CO
  • Broomfield, CO
  • Castle Rock, CO
  • Colorado Springs, CO
  • Grand Junction, CO
  • Lakewood, CO
  • Littleton, CO
  • Loveland, CO
  • Silverthorne, CO
  • Clinton, CT
  • Danbury, CT
  • Farmington, CT
  • Manchester, CT
  • Meriden, CT
  • Trumbull, CT
  • Waterbury, CT
  • Waterford, CT
  • Dover, DE
  • Newark, DE
  • Rehoboth Beach, DE
  • Wilmington, DE
  • Altamonte Springs, FL
  • Boca Raton, FL
  • Boynton Beach, FL
  • Brandon, FL
  • Clearwater, FL
  • Coral Springs, FL
  • Cutler Bay, FL
  • Daytona Beach, FL
  • Destin, FL
  • Ellenton, FL
  • Estero, FL
  • Florida City, FL
  • Fort Lauderdale, FL
  • Fort Myers, FL
  • Gainesville, FL
  • Hialeah, FL
  • Jacksonville, FL
  • Jensen Beach, FL
  • Kissimmee, FL
  • Lake Wales, FL
  • Lakeland, FL
  • Melbourne, FL
  • Merritt Island, FL
  • Miami, FL
  • Naples, FL
  • Ocala, FL
  • Ocoee, FL
  • Orlando, FL
  • Panama City, FL
  • Pembroke Pines, FL
  • Pensacola, FL
  • Port Charlotte, FL
  • Port Richey, FL
  • Saint Augustine, FL
  • Saint Petersburg, FL
  • Sanford, FL
  • Sarasota, FL
  • South Miami, FL
  • Sunrise, FL
  • Tallahassee, FL
  • Tampa, FL
  • Vero Beach, FL
  • West Palm Beach, FL
  • Alpharetta, GA
  • Athens, GA
  • Atlanta, GA
  • Augusta, GA
  • Buford, GA
  • Centerville, GA
  • Commerce, GA
  • Dalton, GA
  • Dawsonville, GA
  • Douglasville, GA
  • Duluth, GA
  • Kennesaw, GA
  • Lithonia, GA
  • Locust Grove, GA
  • Macon, GA
  • Morrow, GA
  • Savannah, GA
  • Snellville, GA
  • Valdosta, GA
  • Woodstock, GA
  • Honolulu, HI
  • Kaneohe, HI
  • Cedar Rapids, IA
  • Sioux City, IA
  • West Des Moines, IA
  • Boise, ID
  • Idaho Falls, ID
  • Pocatello, ID
  • Twin Falls, ID
  • Algonquin, IL
  • Aurora, IL
  • Bloomingdale, IL
  • Bloomington, IL
  • Bolingbrook, IL
  • Calumet City, IL
  • Carbondale, IL
  • Champaign, IL
  • Chicago, IL
  • Chicago Ridge, IL
  • Fairview Heights, IL
  • Forsyth, IL
  • Geneva, IL
  • Huntley, IL
  • Lombard, IL
  • North Riverside, IL
  • Peoria, IL
  • Rockford, IL
  • Rosemont, IL
  • Schaumburg, IL
  • Springfield, IL
  • Tuscola, IL
  • Vernon Hills, IL
  • West Dundee, IL
  • Bloomington, IN
  • Clarksville, IN
  • Edinburgh, IN
  • Evansville, IN
  • Fort Wayne, IN
  • Fremont, IN
  • Greenwood, IN
  • Indianapolis, IN
  • Kokomo, IN
  • Michigan City, IN
  • Mishawaka, IN
  • Muncie, IN
  • Noblesville, IN
  • Plainfield, IN
  • Richmond, IN
  • Terre Haute, IN
  • Kansas City, KS
  • Manhattan, KS
  • Overland Park, KS
  • Wichita, KS
  • Ashland, KY
  • Bowling Green, KY
  • Elizabethtown, KY
  • Florence, KY
  • Lexington, KY
  • Louisville, KY
  • Owensboro, KY
  • Paducah, KY
  • Alexandria, LA
  • Baton Rouge, LA
  • Bossier City, LA
  • Gonzales, LA
  • Gretna, LA
  • Houma, LA
  • Lafayette, LA
  • Mandeville, LA
  • Metairie, LA
  • Monroe, LA
  • Shreveport, LA
  • Slidell, LA
  • Auburn, MA
  • Brockton, MA
  • Cambridge, MA
  • Hadley, MA
  • Holyoke, MA
  • Hyannis, MA
  • Lanesborough, MA
  • Lee, MA
  • Leominster, MA
  • Marlborough, MA
  • Natick, MA
  • North Attleboro, MA
  • North Dartmouth, MA
  • Peabody, MA
  • Springfield, MA
  • Watertown, MA
  • Worcester, MA
  • Wrentham, MA
  • Annapolis, MD
  • Baltimore, MD
  • Bel Air, MD
  • Bethesda, MD
  • Frederick, MD
  • Glen Burnie, MD
  • Hagerstown, MD
  • Hanover, MD
  • Lavale, MD
  • Nottingham, MD
  • Ocean City, MD
  • Owings Mills, MD
  • Queenstown, MD
  • Salisbury, MD
  • Silver Spring, MD
  • Waldorf, MD
  • Bangor, ME
  • Kittery, ME
  • Ann Arbor, MI
  • Auburn Hills, MI
  • Battle Creek, MI
  • Bay City, MI
  • Birch Run, MI
  • Dearborn, MI
  • Flint, MI
  • Fort Gratiot, MI
  • Grand Rapids, MI
  • Grandville, MI
  • Howell, MI
  • Jackson, MI
  • Lansing, MI
  • Monroe, MI
  • Muskegon, MI
  • Novi, MI
  • Okemos, MI
  • Portage, MI
  • Roseville, MI
  • Saginaw, MI
  • Sterling Heights, MI
  • Taylor, MI
  • Traverse City, MI
  • Troy, MI
  • Westland, MI
  • Albertville, MN
  • Burnsville, MN
  • Duluth, MN
  • Mankato, MN
  • Minneapolis, MN
  • Rochester, MN
  • Saint Cloud, MN
  • Saint Paul, MN
  • Woodbury, MN
  • Branson, MO
  • Columbia, MO
  • Hazelwood, MO
  • Independence, MO
  • Joplin, MO
  • Kansas City, MO
  • Osage Beach, MO
  • Saint Louis, MO
  • Saint Peters, MO
  • Springfield, MO
  • Biloxi, MS
  • Flowood, MS
  • Gulfport, MS
  • Hattiesburg, MS
  • Meridian, MS
  • Ridgeland, MS
  • Southaven, MS
  • Tupelo, MS
  • Missoula, MT
  • Asheville, NC
  • Cary, NC
  • Charlotte, NC
  • Concord, NC
  • Durham, NC
  • Fayetteville, NC
  • Goldsboro, NC
  • Greensboro, NC
  • Greenville, NC
  • Hickory, NC
  • High Point, NC
  • Jacksonville, NC
  • Raleigh, NC
  • Rocky Mount, NC
  • Smithfield, NC
  • Wilmington, NC
  • Winston Salem, NC
  • Fargo, ND
  • Lincoln, NE
  • Omaha, NE
  • Manchester, NH
  • Merrimack, NH
  • Newington, NH
  • North Conway, NH
  • Salem, NH
  • Tilton, NH
  • Atlantic City, NJ
  • Bridgewater, NJ
  • East Brunswick, NJ
  • Eatontown, NJ
  • Edison, NJ
  • Elizabeth, NJ
  • Freehold, NJ
  • Jackson, NJ
  • Jersey City, NJ
  • Livingston, NJ
  • Lyndhurst, NJ
  • Mays Landing, NJ
  • Monroe Township, NJ
  • North Brunswick, NJ
  • Paramus, NJ
  • Rockaway, NJ
  • South River, NJ
  • Tinton Falls, NJ
  • Toms River, NJ
  • Trenton, NJ
  • Vineland, NJ
  • Voorhees, NJ
  • Wayne, NJ
  • Woodbridge, NJ
  • Woodbury, NJ
  • Albuquerque, NM
  • Farmington, NM
  • Las Cruces, NM
  • Santa Fe, NM
  • Henderson, NV
  • Jean, NV
  • Las Vegas, NV
  • Reno, NV
  • Albany, NY
  • Amherst, NY
  • Bay Shore, NY
  • Bayside, NY
  • Brooklyn, NY
  • Buffalo, NY
  • Central Valley, NY
  • Clay, NY
  • Elmhurst, NY
  • Garden City, NY
  • Hicksville, NY
  • Horseheads, NY
  • Ithaca, NY
  • Johnson City, NY
  • Kingston, NY
  • Lake Grove, NY
  • Massapequa, NY
  • Middletown, NY
  • New Hartford, NY
  • Niagara Falls, NY
  • Plattsburgh, NY
  • Poughkeepsie, NY
  • Riverhead, NY
  • Rochester, NY
  • Saratoga Springs, NY
  • Schenectady, NY
  • Staten Island, NY
  • Victor, NY
  • Waterloo, NY
  • Watertown, NY
  • West Nyack, NY
  • White Plains, NY
  • Yonkers, NY
  • Yorktown Heights, NY
  • Aurora, OH
  • Beavercreek, OH
  • Burbank, OH
  • Cincinnati, OH
  • Columbus, OH
  • Dayton, OH
  • Dublin, OH
  • Fairlawn, OH
  • Jeffersonville, OH
  • Lancaster, OH
  • Lima, OH
  • Maumee, OH
  • Mentor, OH
  • Monroe, OH
  • Newark, OH
  • Niles, OH
  • North Olmsted, OH
  • Ontario, OH
  • Parma, OH
  • Saint Clairsville, OH
  • Sandusky, OH
  • Strongsville, OH
  • Toledo, OH
  • Youngstown, OH
  • Zanesville, OH
  • Norman, OK
  • Oklahoma City, OK
  • Shawnee, OK
  • Tulsa, OK
  • Lincoln City, OR
  • Medford, OR
  • Portland, OR
  • Woodburn, OR
  • Altoona, PA
  • Butler, PA
  • Camp Hill, PA
  • Chambersburg, PA
  • Erie, PA
  • Gettysburg, PA
  • Greensburg, PA
  • Grove City, PA
  • Harrisburg, PA
  • Hershey, PA
  • Indiana, PA
  • Johnstown, PA
  • King Of Prussia, PA
  • Lancaster, PA
  • Langhorne, PA
  • Moosic, PA
  • Muncy, PA
  • Philadelphia, PA
  • Pittsburgh, PA
  • Pottstown, PA
  • Reading, PA
  • Scranton, PA
  • Selinsgrove, PA
  • Springfield, PA
  • Stroudsburg, PA
  • Tannersville, PA
  • Uniontown, PA
  • Washington, PA
  • Whitehall, PA
  • Wilkes Barre, PA
  • Willow Grove, PA
  • York, PA
  • Providence, RI
  • Warwick, RI
  • Anderson, SC
  • Columbia, SC
  • Florence, SC
  • Gaffney, SC
  • Greenville, SC
  • Myrtle Beach, SC
  • North Charleston, SC
  • Rock Hill, SC
  • Spartanburg, SC
  • Rapid City, SD
  • Sioux Falls, SD
  • Chattanooga, TN
  • Clarksville, TN
  • Cleveland, TN
  • Franklin, TN
  • Goodlettsville, TN
  • Jackson, TN
  • Johnson City, TN
  • Kingsport, TN
  • Knoxville, TN
  • Lebanon, TN
  • Memphis, TN
  • Morristown, TN
  • Murfreesboro, TN
  • Nashville, TN
  • Sevierville, TN
  • Abilene, TX
  • Amarillo, TX
  • Arlington, TX
  • Austin, TX
  • Beaumont, TX
  • Brownsville, TX
  • Cedar Hill, TX
  • Cedar Park, TX
  • College Station, TX
  • Corpus Christi, TX
  • Cypress, TX
  • Dallas, TX
  • Denton, TX
  • El Paso, TX
  • Fort Worth, TX
  • Friendswood, TX
  • Frisco, TX
  • Garland, TX
  • Grand Prairie, TX
  • Grapevine, TX
  • Harlingen, TX
  • Houston, TX
  • Humble, TX
  • Hurst, TX
  • Irving, TX
  • Killeen, TX
  • Lake Jackson, TX
  • Laredo, TX
  • Lewisville, TX
  • Longview, TX
  • Lubbock, TX
  • Mcallen, TX
  • Mercedes, TX
  • Mesquite, TX
  • Midland, TX
  • Pearland, TX
  • Plano, TX
  • San Angelo, TX
  • San Antonio, TX
  • San Marcos, TX
  • Southlake, TX
  • Sugar Land, TX
  • Texarkana, TX
  • Texas City, TX
  • The Woodlands, TX
  • Tyler, TX
  • Victoria, TX
  • Wichita Falls, TX
  • Layton, UT
  • Murray, UT
  • Ogden, UT
  • Orem, UT
  • Park City, UT
  • Provo, UT
  • Sandy, UT
  • St George, UT
  • West Jordan, UT
  • Charlottesville, VA
  • Chesapeake, VA
  • Christiansburg, VA
  • Colonial Heights, VA
  • Danville, VA
  • Dulles, VA
  • Fairfax, VA
  • Fredericksburg, VA
  • Glen Allen, VA
  • Harrisonburg, VA
  • Leesburg, VA
  • Lynchburg, VA
  • Mc Lean, VA
  • Newport News, VA
  • Norfolk, VA
  • Richmond, VA
  • Roanoke, VA
  • Virginia Beach, VA
  • Williamsburg, VA
  • Winchester, VA
  • Woodbridge, VA
  • South Burlington, VT
  • Auburn, WA
  • Bellevue, WA
  • Bellingham, WA
  • Puyallup, WA
  • Seattle, WA
  • Spokane, WA
  • Tacoma, WA
  • Tukwila, WA
  • Vancouver, WA
  • Appleton, WI
  • Baraboo, WI
  • Brookfield, WI
  • Eau Claire, WI
  • Fond Du Lac, WI
  • Green Bay, WI
  • Greendale, WI
  • Johnson Creek, WI
  • Kenosha, WI
  • La Crosse, WI
  • Madison, WI
  • Oshkosh, WI
  • Wausau, WI
  • Barboursville, WV
  • Bridgeport, WV
  • Charleston, WV
  • Morgantown, WV
  • Parkersburg, WV
  • Prosperity, WV
  • Casper, WY
  • Kingston, Canada
  • New Westminster, Canada
- Show Less + Show More

Become a Vault Basic Member

Complete your Vault Profile and get seen by top employers